From 2014 to 2022, the net operating income of the banking industry in Luxembourg witnessed growth, albeit with some fluctuations in the first five years. However, it remained relatively stable above 12 billion euros. After 2017 to 2022, net operating income experienced more than three billion growth, reaching 16.63 billion euro in 2022. The overall positive changes in net operating income during this time period reflects improved efficiency and financial strength of the banking industry in Luxembourg.
Net operating income of the banking industry in Luxembourg from 2014 to 2022
(in billion euros)
Data refers to domestic banking groups and stand alone banks, foreign (EU and non-EU) controlled subsidiaries and foreign (EU and non-EU) controlled branches.
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ECB. (June 22, 2023). Net operating income of the banking industry in Luxembourg from 2014 to 2022 (in billion euros) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1465454/luxembourg-banking-industry-net-operating-income/
ECB. "Net operating income of the banking industry in Luxembourg from 2014 to 2022 (in billion euros)." Chart. June 22, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1465454/luxembourg-banking-industry-net-operating-income/
ECB. (2023). Net operating income of the banking industry in Luxembourg from 2014 to 2022 (in billion euros). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1465454/luxembourg-banking-industry-net-operating-income/
ECB. "Net Operating Income of The Banking Industry in Luxembourg from 2014 to 2022 (in Billion Euros)." Statista, Statista Inc., 22 Jun 2023, https://www.statista.com/statistics/1465454/luxembourg-banking-industry-net-operating-income/
ECB, Net operating income of the banking industry in Luxembourg from 2014 to 2022 (in billion euros) Statista, https://www.statista.com/statistics/1465454/luxembourg-banking-industry-net-operating-income/ (last visited July 22, 2024)
Net operating income of the banking industry in Luxembourg from 2014 to 2022 (in billion euros) [Graph], ECB, June 22, 2023. [Online]. Available: https://www.statista.com/statistics/1465454/luxembourg-banking-industry-net-operating-income/