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Total number of banks in Luxembourg from 1994 to 2025

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Source

Release date

June 2025

Region

Luxembourg

Survey time period

1994 to 2025

Supplementary notes

*As of March 2024.

**As of June 2025. 

Citation formats

Number of banks in Luxembourg 1994-2025

Published by K. Scholle, Jul 2, 2025

As of March 2024, Luxembourg had *** authorized banks, the lowest number since 1994. By mid-2025, this number rose slightly to ***, though the overall downward trend persisted. Despite the decline in bank numbers, total bank employment has increased in recent years, largely because banks in Luxembourg serve both the domestic and international markets.

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Statistics on " Banking industry in Luxembourg "

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Other statistics that may interest you Banking industry in Luxembourg

Overview

8

Retail banking

7

Corporate banking

3

Private banking

5

Domestic banks

6

Foreign banks

5

Banking system efficiency and stability

7

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Topics

Financial sector in LuxembourgBanking in the U.S.CBDC (Central Bank Digital Currencies)Online banking in the BeneluxDemographics of the Benelux
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