Hidden Bibliographic Details
Other authors / contributors: | International Monetary Fund. Monetary and Capital Markets Department, issuing body.
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ISBN: | 1484316835 9781484316832 9781484316832 9781484317211 1484317211
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ISSN: | 1934-7685
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Notes: | Description based on online resource; title from PDF title page (IMF eLibrary, viewed April 6, 2018).
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Summary: | Financial soundness indicators for Luxembourg's financial system, which plays a key role in the intermediation of financial capital, have remained relatively robust in recent years. Rising asset prices and inflows have seen the investment fund industry enjoy strong growth in assets under management, while exposure to liquid assets has remained steady. The banking sector, where a relatively large share of liquidity and revenues derive from private banking and fund management activities, has maintained high levels of profitability, capital, liquidity, and asset quality. The insurance industry, which is relatively less exposed to guaranteed products than regional peers, has adjusted well to the new regulatory regime, maintaining high profitability and capitalization levels.
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Other form: | Print Version: Luxembourg: Financial Sector Assessment Program: Technical Note-Risk Analysis. Washington, D.C. : International Monetary Fund,2017 9781484316832
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Standard no.: | 10.5089/9781484316832.002
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