2023 Legislative Elections
-
1. TALENTS & SKILLS
The banking sector is facing a shortage of talent.
5,000 vacancies in 2022!
-
2. CORPORATE TAXATION
Luxembourg is losing its competitiveness.
24.9% corporate tax in Luxembourg - EU/OECD average: 21%.
-
3. REGULATORY FRAMEWORK
The banking sector is over-regulated.
38% of investments in the banking sector are linked to regulatory projects.
-
4. SUSTAINABLE FINANCE
The banking sector must transform the financial sector and the economy in general.
Over 60% of residential buildings in Luxembourg have an EPB of F or less.
-
5. DIGITALISATION
The banking sector must accelerate digitalisation.
Luxembourg ranks 12th in the European Union for the amount of the national budget devoted to R&D.
-
6. FINANCIAL EDUCATION
The banking sector must support financial inclusion.
Young people in Luxembourg rank 21st out of 27 participating OECD countries in terms of financial literacy.
News
-
20.09.2023
Guy Hoffmann, Président de l’ABBL: De l’utilité publique d’écouter les banquiers -
20.09.2023
Jean-Paul Olinger, Directeur de l’UEL: Moderniser le cadre fiscal pour conserver la compétitivité du Grand-Duché -
20.09.2023
Jerry Grbic, CEO de l’ABBL: Pérenniser et assurer la compétitivité du secteur bancaire -
20.09.2023
Karin Scholtes, Présidente de la House of Training: Investir dans les compétences du futur à tout âge
The banking sector in numbers
Comprehensive data and analysis on the financial sector and the banking industry, covering areas such as private banking, retail banking, payments and employment.
122 banks
Over 26,000 people work in the banking sector in Luxembourg
600 bn €
Assets under management held in the private banking sector (December 2021)
20%
The financial sector represents around a third of GDP and contributes over 20% of fiscal revenues.
Conferences & Expert Events
Events selected for their level of expertise and their added value for professionals in the financial sector.