Quarterly value of assets of the banking industry in Luxembourg 2014-2023
The total assets of Luxembourg's banking industry experienced fluctuations from the fourth quarter of 2014 to the third quarter of 2023. Starting at 810.51 billion euros in the fourth quarter of 2014, the total assets went through periodic cycles of growth and contraction, reaching its lowest point in the second quarter of 2015 at 802.94 billion euros. After following periodic increases and decreases, the total assets reached a peak of 999.28 billion euros in the fourth quarter of 2021. As of the third quarter of 2023, total assets stood at 934.95 billion euros. These variations during this time period reflect changing economic conditions and market forces that shape the financial landscape in Luxembourg.