Number of Banks in Luxembourg

Number of banks reached 129 banks in 2020 in Luxembourg, according to the National Central Bank. This is 1.57% more than in the previous year.

Historically, number of banks in Luxembourg reached an all time high of 222 banks in 1994 and an all time low of 108 banks in 1979.

Luxembourg has been ranked 13th within the group of 148 countries we follow in terms of number of banks.