Cash assets of credit institutions in Luxembourg 2018-2019
This statistic shows the total value of cash assets of credit institutions in Luxembourg from August 2018 to August 2019 (in million euros). At the end August April 2019, Luxembourg credit institutions had approximately 935 million euros worth of assets in cash. The Grand Duchy of Luxembourg is an important center of private banking and investments funds within the euro area. Its financial sector attracts both private and institutional investors because of the country's political and economic stability and legal environment. Due to international developments, such as the Brexit, financial activity in the Grand Duchy is expected to increase.
