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Luxembourg Private Banking AuM Drop 2% to €585bn, Net Income Up 24% in 2022

Luxembourg Private Banking AuM Drop 2% to €585bn, Net Income Up 24% in 2022
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Anne sophie minaldoJerry grbicFabio mandorinoLuxembourg banker associationBanking reportPrivate banking clusterPrivate banking reportGrand duchy

ABBL Discloses Banking Support Contacts for SMEs, Startups

ABBL Discloses Banking Support Contacts for SMEs, Startups
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Camille seillFintechs lhoJerry grbicAssociation des banques et banquiers luxembourgFoundation for financial educationAssociation luxembourgeoise des fondsLuxembourg private equity associationLuxembourg chamberAssociation des banquesBanquiers luxembourgSecretary generalChambre de commerceLuxembourg houseFinancial education

ABBL Foundation for Financial Education Launches Online Banking & Internet Security Website

ABBL Foundation for Financial Education Launches Online Banking & Internet Security Website
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Fintech hackathonJessica thyrionJerry grbicEuropean central bankLuxembourg ministry for digitalisationFoundation for financial educationLuxembourg tech schoolFinancial educationTech hackathon

Real estate developers and banks need to meet halfway

Luxembourg banks are keeping a keen eye on property developers, who have been facing a cash flow crunch, rising costs and fluctuating demand. But bankers pointed to underlying strengths at a recent conference.

Jerry grbicBernard lhoestMarc geibJeffrey dentzerEuropean central bankLuxembourg banker associationBanque internationale

Insufficient financial literacy and careless budget management

Luxembourg participated for the first time in an OECD survey that measures the level of financial literacy. The result is disappointing. In terms of financial behaviour and attitudes, all age groups in Luxembourg are even below the international average.

Jerry grbicClaude marxYuriko backesMinistry of educationFoundation for financial educationCommission de surveillance du secteur financierFinancial educationCommission de surveillanceSecteur financierDirector general