low-interest rates, as a consequence of the monetary policy of the European Central Bank (ECB). For several years, this body maintained artificially low-interest rates in an effort to increase inflation on the European continent.
Banks in the Grand Duchy of Luxembourg were making less profit in 2020 than they did in 2015, according to a decreasing ROE ratio within this timeframe. The ROE or return on equity measures is one of several measures to look into bank profitability, in this case measuring income that returned as shareholder equity. Normally, ROEs of around 15 to 20 percent are considered good returns. That Luxembourgish banks do not reach these numbers is probably due to Return on equity (ROE) of banks in Luxembourg from 2015 to 2020
Basic Account
Get to know the platform
You only have access to basic statistics.
This statistic is not included in your account.
Single Account
The ideal entry-level account for individual users
- Instant access to 1m statistics
- Download in XLS, PDF & PNG format
- Detailed references
$59 $39 / Month *
in the first 12 months
Corporate Account
Full access
Corporate solution including all features.
* Prices do not include sales tax.
Further Content: You might find this interesting as well
Statistics
- Number of individuals that opened bank accounts in Russia 2008 to 2021
- Number of foreign banks established in Belgium 2018, by country of origin
- Banking areas using artificial intelligence globally 2017
- Banking areas providing opportunity for Fintech firms 2016
- Argentina: leading banks 2017, by loan portfolio
- Brazil: leading banks 2019, by payday loan value
- Cost-to-income ratio of banking sector in Oman 2018, by bank
- Latin America: most profitable banks in 2019, by profit value
- Leading banks in Turkey September 2020, by number of branches
- Number of bank employees in Turkey 2014-2019
- Argentina: leading banks 2017, by total assets
- Leading banks by number of employees in Turkey September 2020
- Number of deposit, development and investment bank employees in Turkey 2017-2019
- Leading banks identified as main bank by companies in Japan 2021
- Processes in banking affairs in Brazil 2021
- Sources of inspiration for primary bank in Finland 2021
European Central Bank. (October 10, 2021). Return on equity (ROE) of banks in Luxembourg from 2015 to 2020 [Graph]. In Statista. Retrieved May 23, 2022, from https://www.statista.com/statistics/1086750/roe-of-the-banking-sector-in-luxembourg/
European Central Bank. "Return on equity (ROE) of banks in Luxembourg from 2015 to 2020." Chart. October 10, 2021. Statista. Accessed May 23, 2022. https://www.statista.com/statistics/1086750/roe-of-the-banking-sector-in-luxembourg/
European Central Bank. (2021). Return on equity (ROE) of banks in Luxembourg from 2015 to 2020. Statista. Statista Inc.. Accessed: May 23, 2022. https://www.statista.com/statistics/1086750/roe-of-the-banking-sector-in-luxembourg/
European Central Bank. "Return on Equity (Roe) of Banks in Luxembourg from 2015 to 2020." Statista, Statista Inc., 10 Oct 2021, https://www.statista.com/statistics/1086750/roe-of-the-banking-sector-in-luxembourg/
European Central Bank, Return on equity (ROE) of banks in Luxembourg from 2015 to 2020 Statista, https://www.statista.com/statistics/1086750/roe-of-the-banking-sector-in-luxembourg/ (last visited May 23, 2022)