Private banker salary per annum in Luxembourg 2019, by experience level

This statistic presents the gross annual salary of private bankers in financial services in Luxembourg as of 2019, by years of experience (in thousand euros). In recent years, the Grand Duchy made efforts to diversify its financial activities in certain niches such as Chinese and Islamic finance, together with FinTech. Luxembourg's three traditional strengths, however, involve its activities in investment funds, banking and insurance. In 2016, approximately 23 percent of clients in private banking in Luxembourg came from other EU countries or neighboring ones such as Belgium, France and Germany. As of January 2019, bankers with working experience from three to five years earned between 75,000 and 100,000 euros yearly. Highly qualified private bankers with experience exceeding ten years earned between 110,000 and 155,000 euros.

Annual salary of private bankers in Luxembourg as of 2019, by years of experience

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Release date

January 2019



Survey time period

January 2019

Supplementary notes

The source states that the numbers provided concern "basic salaries exclusive of benefits/bonuses unless otherwise specified."

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Statistics on "The financial sector in Luxembourg"

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