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Banking Universe Summit to Present Finance & Technology Insights

Banking Universe Summit to Present Finance & Technology Insights
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Drive to provide mutualised services to Luxembourg financial firms launched

How can firms across Luxembourg’s financial sector, who are often very different but face common problems such as KYC and ESG, be better supported? Outgoing finance minister, Yuriko Backes (DP), and the Luxembourg House of Financial Technology have launched an unprecedented initiative, the Catapult Future Foundation, to bring the right people together, in order to provide ‘mutualised’ services.

Enjoying nature: recharge, relax and run

Luxembourg has plenty of beautiful forests, parks and nature spots where you can relax, enjoy the scenery and recharge your batteries. Four finance professionals told Delano about their favourite places (and where you might even see a unicorn).

Loan applications down 38% in Q1 2023, finds study

Lending activity experienced a 5% increase in volume in 2022, found a survey on retail banking from the Luxembourg Bankers’ Association (ABBL) and presented on 13 July 2023. However, a decrease in property loans, which began in the third quarter of last year, accelerated at the start of 2023.

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