Market concentration ratio of banks in Luxembourg 1997-2019
The share of total assets of the five largest credit institutions in Luxembourg fluctuated considerably between 1997 and 2019. The concentration ratio, a measure of the percentage market share in an industry held by the largest firms within that industry, was 27.7 percent for banking in Luxembourg in 2019.
Luxembourg is an international financial center in the European Union, with over 140 international banks having an office in the Grand Duchy. The fund industry is one of the largest in Europe. In 2016, for example, the total value of investments in private equity companies in Luxembourg amounted to approximately 465 million euros.
Luxembourg is an international financial center in the European Union, with over 140 international banks having an office in the Grand Duchy. The fund industry is one of the largest in Europe. In 2016, for example, the total value of investments in private equity companies in Luxembourg amounted to approximately 465 million euros.
