Based on the assets displayed in the industry's balance sheet, banks in the Grand Duchy of Luxembourg recorded a growing activity in 2018. Assets from the banking sector grew by nearly 25 billion euros between 2017 and 2018, an increase of three percent. The source states this was due to a large increase (nine percent) of loans and advances to central banks and general governments, whereas loans to customers increased with nearly six percent.
Total value of assets from the banking sector in Luxembourg from 1994 to 2018 (in million euros)
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CSSF. (July 10, 2019). Total value of assets from the banking sector in Luxembourg from 1994 to 2018 (in million euros) [Graph]. In Statista. Retrieved January 18, 2021, from https://www.statista.com/statistics/1087023/assets-from-banking-sector-in-luxembourg/
CSSF. "Total value of assets from the banking sector in Luxembourg from 1994 to 2018 (in million euros)." Chart. July 10, 2019. Statista. Accessed January 18, 2021. https://www.statista.com/statistics/1087023/assets-from-banking-sector-in-luxembourg/
CSSF. (2019). Total value of assets from the banking sector in Luxembourg from 1994 to 2018 (in million euros). Statista. Statista Inc.. Accessed: January 18, 2021. https://www.statista.com/statistics/1087023/assets-from-banking-sector-in-luxembourg/
CSSF. "Total Value of Assets from The Banking Sector in Luxembourg from 1994 to 2018 (in Million Euros)." Statista, Statista Inc., 10 Jul 2019, https://www.statista.com/statistics/1087023/assets-from-banking-sector-in-luxembourg/
CSSF, Total value of assets from the banking sector in Luxembourg from 1994 to 2018 (in million euros) Statista, https://www.statista.com/statistics/1087023/assets-from-banking-sector-in-luxembourg/ (last visited January 18, 2021)