Luxembourg: biggest banks by branches 2019

This statistic shows the total number of domestic branches of the three leading domestic banks in Luxembourg as of early 2019. At the beginning of 2019, Banque et Caisse d’Epargne de l’Etat (BCEE) reached 64 branches and was the Luxembourgish bank with the most domestic branches in the country. Banque Internationale à Luxembourg was the second-largest, reaching a number of 41 offices.
Luxembourg is an international financial center in the European Union, with over 140 international banks having an office in the Grand Duchy. IAs of 2019, for example, the number of banks in Luxembourg which originated from Germany reached a total of 24. Around 15 banks in the Luxembourg banking sector were from France.

The Grand Duchy's 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.

Largest domestic banks in Luxembourg as of January 2019, by number of bank branches

Characteristic	Number of domestic branches
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Release date

March 2020

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Region

Europe, Luxembourg

Survey time period

2019

Supplementary notes

The numbers provided indicate the domestic branches from the three leading domestic banks. These banks have been selected by the net profit reached in 2018. Banks with a country of origin other than Luxembourg were omitted, as the Grand Duchy has many foreign banks in the country.

The figures have been taken from several publications.

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