Since World War II, the Grand Duchy of Luxembourg has become one of the richest
countries of the world in terms of per capita GDP, supported by a financial
services sector booming, political stability and European integration .
The Luxembourg banking sector in figures
Luxembourg's financial sector, the largest contributor to the Luxembourg economy (one quarter of its GDP), plays a major role as an international financial center. Taking advantage of a favorable tax legislation, many banks and investment funds have moved into the capital.
The Luxembourg banking sector in figures
Luxembourg's financial sector, the largest contributor to the Luxembourg economy (one quarter of its GDP), plays a major role as an international financial center. Taking advantage of a favorable tax legislation, many banks and investment funds have moved into the capital.
