Use of bank loans for SMEs in Luxembourg 2021

Published by Statista Research Department, Dec 15, 2023
According to a survey carried out in 2021 on the use of bank loans in the past six months for SMEs in Luxembourg in 2021, approximately 49 percent of the Luxembourg respondents answered bank loans were not relevant to their enterprise. 20 percent of the respondents used bank loans in the last six months, while 28 percent did not.

Use of bank loans of SMEs in the past six months in the Luxembourg 2021

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Release date

November 2021

Region

Luxembourg

Survey time period

6 September to 13 October 2021

Number of respondents

100 respondents

Age group

18 years and older

Method of interview

Telephone interview

Supplementary notes

This question was phrased by the source as follows: "Bank loan - Are the following sources of financing relevant to your enterprise, that is, have you used them in the past or considered using them in the future? Have you taken out a new loan or renewed such a loan in the past six months?"

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