Quarterly cost-to-income ratio of the banking industry in Luxembourg 2014-2023
The cost-to-income ratio of the banking industry in Luxembourg experienced significant fluctuations between 2014 and 2023. After it reached its peak at 64.95 percent in the first quarter of 2019, the ratio started to decrease gradually. In the second quarter of 2023, the cost-to-income ratio was 48.15 percent, which was the lowest value in the observed period.