The Central Bank of Luxembourg published provisional end-February 2026 banking statistics showing Luxembourg credit institutions’ aggregate balance sheet total declined by 0.62% from end-January to EUR 1,000,949 million, while remaining 2.07% higher year on year. It also set the minimum reserve requirement for the 25 March 2026 to 5 May 2026 maintenance period at EUR 6,649 million. The month-on-month balance sheet contraction mainly reflected lower interbank claims on the asset side and lower interbank liabilities on the liability side, with the net interbank position down by EUR 3,265 million (1.45%) to EUR 221,660 million. Loans to non-bank customers rose by EUR 816 million (0.68%) month on month and by EUR 5,417 million (4.71%) over 12 months, with year-on-year declines in lending to non-financial corporations (down EUR 605 million, 2.58%) offset by increases in household mortgage lending (up EUR 1,202 million, 2.90%) and lending to other financial intermediaries (up EUR 4,521 million, 10.46%). Resident non-bank deposits increased by EUR 659 million (0.21%) month on month and by EUR 12,846 million (4.25%) over 12 months; year on year, deposits from other financial intermediaries rose by EUR 13,252 million (6.55%) and accounted for 68.5% of the total at end-February, while household deposits increased by EUR 2,702 million (5.67%) and deposits from non-financial corporations fell by EUR 2,449 million (9.39%). The reserves to be held with the Central Bank of Luxembourg for the new maintenance period were EUR 201 million higher than in the previous period.
Central Bank of Luxembourg 2026-04-01
Central Bank of Luxembourg reports a 0.62% February fall in credit institutions’ aggregate balance sheet and sets a EUR 6,649 million reserve requirement
The Central Bank of Luxembourg published provisional end-February 2026 banking statistics showing credit institutions’ aggregate balance sheet total declined by 0.62% month on month to EUR 1,000,949 million, but remained 2.07% higher year on year, mainly due to lower interbank positions, while loans to non-bank customers and resident deposits continued to grow. It set the minimum reserve requirement for the 25 March to 5 May 2026 maintenance period at EUR 6,649 million, EUR 201 million higher than in the previous period.