As per a report of 2006, there are about 155 banks in Luxembourg. The sound political condition together with well developed communication system and other factors have helped in the development of the financial sector. The banks in Luxembourg also offer employment opportunities to about 11% of the population of the place.
There is a banker's association in Luxembourg known as the ABBL. It is engaged in the research and analysis of the problems faced by the banking sector of Luxembourg. This association has a total of 133 members, which includes the banks in Luxembourg and other financial institutions.
Since Luxembourg falls under the European zone, the Central Bank of Luxembourg is a part of the European System of Central Banks.
The names of some of the Luxembourg bank are given below:- Fortis Bank
- Cortal
- Dresdner Bank
- Banca di Roma International
- Banque et Caisse d'Epargne de l'Etat
- Caisse Centrale Raiffeisen
- Banque Carnegie
- Credit Agricole Indosuez
- Banque centrale du
- Banque Generale du
