Investor Presentaiton
THE GOVERNMENT
OF THE GRAND-DUCHY OF LUXEMBOURG
Ministry of Finance
6: STRONG PRESENCE IN THE GLOBAL WORLD OF
FINANCE
Luxembourg has 141 banks from 26 countries,
of which:
106 subsidiaries
35 branches
Total balance sheet of EUR 750 bn (16x GDP)
Of the 141 banks, only a handful have a domestic
focus and are systemically relevant for the
Luxembourg economy. Assets related to such
domestic operations constitute only aprroximately
3x GDP
France
Switzerland
Italy
Sweden
Country of origin
Germany
Number
37
13
11
9
8
Belgium
7
United Kingdom
7
USA
6
Japan
5
Luxembourg
5
Brazil
4
China
4
Israel
3
Netherlands
3
Qatar
3
Andorra
2
Canada
2
2
Spain
Norway
Greece
Latvia
2
Portugal
2
Denmark
1
1
1
Liechtenstein
1
Russia
1
Turkey
1
TOTAL
141
Source: CSSF
Investor Presentation, June 2013
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