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ABBL Annual Report 2025: resilience, competitiveness and collective action

Luxembourgโ€™s banking sector remains resilient and internationally attractive, despite a more demanding economic and regulatory environment. The ABBL Annual Report 2025 explores how competitiveness, attractiveness and collective resilience are becoming increasingly interconnected in shaping the future of Luxembourgโ€™s financial centre.

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Strengthening banking competitiveness as a driver of growth for Europe

The ABBLโ€™s response to the Consultation on the Competitiveness of the EU Banking Sector.

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Cost of Regulation

The fourth edition of the ABBL / EY Cost of Regulation Survey provides a comprehensive overview of how regulatory requirements affect banksโ€™ cost structures, staffing and strategic priorities.

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Bank Account Opening

At the ABBL, we recognize this challenge of bank account opening and are actively working to make the process simpler, more transparent, and accessible for all types of legal entities operating in Luxembourg.

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At the heart of Europe, Luxembourgโ€™s dynamic financial centre drives sustainable growth, empowering businesses to compete globally and fostering long-term prosperity. The ABBL champions this vision by promoting regulated, innovative, and responsible financial services.

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Published on 05.06.2026

The ABBL was honoured to attend the reception hosted by H.E. ๐—–๐—ฎ๐—ฟ๐—บ๐—ถ๐—ป๐—ฒ ๐—ฅ๐—ผ๐—ฏ๐˜‚๐˜€๐˜๐—ฒ๐—น๐—น๐—ถ, Ambassador of Italy to Luxembourg, on the occasion of ๐—œ๐˜๐—ฎ๐—น๐—ถ๐—ฎ๐—ป ๐—ฅ๐—ฒ๐—ฝ๐˜‚๐—ฏ๐—น๐—ถ๐—ฐ ๐——๐—ฎ๐˜†.

The event provided an opportunity to celebrate the strong ties between ๐—œ๐˜๐—ฎ๐—น๐˜† ๐—ฎ๐—ป๐—ฑ ๐—Ÿ๐˜‚๐˜…๐—ฒ๐—บ๐—ฏ๐—ผ๐˜‚๐—ฟ๐—ด, including the longstanding contribution of Italian financial institutions to Luxembourg's financial centre.

We were also delighted to admire the painting displayed at the Ambassadorโ€™s residence by Jannis Kounellis, one of the leading figures of Arte Povera, presented at the initiative of Intesa Sanpaolo Bank Luxembourg. The artwork reflects the Groupโ€™s commitment to promoting cultural heritage through its Gallerie dโ€™Italia programme.

The artwork, together with other works by Jannis Kounellis, will remain on display until the end of November at Intesa Sanpaolo Bank Luxembourg, 28 Boulevard de Kockelscheuer, L-1821 Luxembourg, offering visitors a unique opportunity to discover the artistโ€™s work.

Thank you to H.E. Carmine Robustelli and the ๐—˜๐—บ๐—ฏ๐—ฎ๐˜€๐˜€๐˜† ๐—ผ๐—ณ ๐—œ๐˜๐—ฎ๐—น๐˜† ๐—ถ๐—ป ๐—Ÿ๐˜‚๐˜…๐—ฒ๐—บ๐—ฏ๐—ผ๐˜‚๐—ฟ๐—ด for their warm welcome and hospitality.

ItalianRepublicDay LuxembourgFinance ItalyLuxembourg

ABBL

Published on 05.06.2026

๐—š๐—ฒ๐—ผ๐—ฝ๐—ผ๐—น๐—ถ๐˜๐—ถ๐—ฐ๐—ฎ๐—น ๐—ฟ๐—ถ๐˜€๐—ธ ๐—ถ๐˜€ ๐—ป๐—ผ ๐—น๐—ผ๐—ป๐—ด๐—ฒ๐—ฟ ๐—ฎ ๐—ฑ๐—ถ๐˜€๐˜๐—ฎ๐—ป๐˜ ๐—ฐ๐—ผ๐—ป๐—ฐ๐—ฒ๐—ฟ๐—ป ๐—ณ๐—ผ๐—ฟ ๐—ฏ๐—ฎ๐—ป๐—ธ๐˜€. ๐—œ๐˜ ๐—ต๐—ฎ๐˜€ ๐—ฏ๐—ฒ๐—ฐ๐—ผ๐—บ๐—ฒ ๐—ฎ ๐˜€๐˜๐—ฟ๐—ฎ๐˜๐—ฒ๐—ด๐—ถ๐—ฐ ๐—ณ๐—ฎ๐—ฐ๐˜๐—ผ๐—ฟ ๐˜€๐—ต๐—ฎ๐—ฝ๐—ถ๐—ป๐—ด ๐—ฑ๐—ฒ๐—ฐ๐—ถ๐˜€๐—ถ๐—ผ๐—ป-๐—บ๐—ฎ๐—ธ๐—ถ๐—ป๐—ด, ๐—ฟ๐—ฒ๐˜€๐—ถ๐—น๐—ถ๐—ฒ๐—ป๐—ฐ๐—ฒ ๐—ฎ๐—ป๐—ฑ ๐—น๐—ผ๐—ป๐—ด-๐˜๐—ฒ๐—ฟ๐—บ ๐—ฐ๐—ผ๐—บ๐—ฝ๐—ฒ๐˜๐—ถ๐˜๐—ถ๐˜ƒ๐—ฒ๐—ป๐—ฒ๐˜€๐˜€.

In the ๐—”๐—•๐—•๐—Ÿ ๐—”๐—ป๐—ป๐˜‚๐—ฎ๐—น ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜ ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฑ, Alexandre Depouhon, PhD, CQF, Chief Risk Officer at Banque Raiffeisen, ๐—ฆ.๐—–. and Chairman of the ABBLโ€™s Banking Supervision Committee, explains why geopolitical considerations must now be fully integrated into banksโ€™ risk management frameworks.

As geopolitical tensions, technological disruption and regulatory expectations reshape the financial landscape, institutions are expected to move beyond awareness and adopt a more structured approach to risk management.

Among the key messages highlighted in the article:

๐Ÿ”น Geopolitical risks can amplify ๐—ฒ๐˜…๐—ถ๐˜€๐˜๐—ถ๐—ป๐—ด ๐˜ƒ๐˜‚๐—น๐—ป๐—ฒ๐—ฟ๐—ฎ๐—ฏ๐—ถ๐—น๐—ถ๐˜๐—ถ๐—ฒs across credit, market, liquidity, operational and cyber risk

๐Ÿ”น ๐—ฅ๐—ถ๐˜€๐—ธ ๐—ถ๐—ฑ๐—ฒ๐—ป๐˜๐—ถ๐—ณ๐—ถ๐—ฐ๐—ฎ๐˜๐—ถ๐—ผ๐—ป must include exposures across geographies, sectors, counterparties and critical service providers

๐Ÿ”น ๐—š๐—ฒ๐—ผ๐—ฝ๐—ผ๐—น๐—ถ๐˜๐—ถ๐—ฐ๐—ฎ๐—น ๐—ฐ๐—ผ๐—ป๐˜€๐—ถ๐—ฑ๐—ฒ๐—ฟ๐—ฎ๐˜๐—ถ๐—ผ๐—ป๐˜€ ๐˜€๐—ต๐—ผ๐˜‚๐—น๐—ฑ ๐—ฏ๐—ฒ ๐—ฒ๐—บ๐—ฏ๐—ฒ๐—ฑ๐—ฑ๐—ฒ๐—ฑ into risk appetite frameworks, lending decisions, investment policies and outsourcing strategies

๐Ÿ”น ๐—ฆ๐˜๐—ฟ๐—ฒ๐˜€๐˜€ ๐˜๐—ฒ๐˜€๐˜๐—ถ๐—ป๐—ด must evolve to reflect new realities, including critical ICT disruptions, sanctions and supply chain fragmentation

๐Ÿ”น ๐—ฅ๐—ฒ๐˜€๐—ถ๐—น๐—ถ๐—ฒ๐—ป๐—ฐ๐—ฒ is not only a matter of frameworks and methodologies, but also of governance, culture and leadership

For Luxembourg's financial centre, strengthening resilience requires both individual action and collective coordination across the sector.

Read the article:
๐Ÿ”— https://lnkd.in/e\_3AeWmp

ABBL AnnualReport2025 RiskManagement

ABBL

Published on 05.06.2026

๐Ÿค Welcome onboard, Finsys Consulting!
The ABBL is proud to announce that ๐—™๐—ถ๐—ป๐˜€๐˜†๐˜€ ๐—–๐—ผ๐—ป๐˜€๐˜‚๐—น๐˜๐—ถ๐—ป๐—ด has been approved as a new member of our Association.

โ€œ๐˜ž๐˜ฆ ๐˜ข๐˜ณ๐˜ฆ ๐˜ฅ๐˜ฆ๐˜ญ๐˜ช๐˜จ๐˜ฉ๐˜ต๐˜ฆ๐˜ฅ ๐˜ต๐˜ฐ ๐˜ซ๐˜ฐ๐˜ช๐˜ฏ ๐˜ˆ๐˜‰๐˜‰๐˜“ ๐˜ข๐˜ฏ๐˜ฅ ๐˜ค๐˜ฐ๐˜ฏ๐˜ต๐˜ณ๐˜ช๐˜ฃ๐˜ถ๐˜ต๐˜ฆ ๐˜ต๐˜ฐ ๐˜ด๐˜ฉ๐˜ข๐˜ฑ๐˜ช๐˜ฏ๐˜จ ๐˜ต๐˜ฉ๐˜ฆ ๐˜ง๐˜ถ๐˜ต๐˜ถ๐˜ณ๐˜ฆ ๐˜ฐ๐˜ง ๐˜“๐˜ถ๐˜น๐˜ฆ๐˜ฎ๐˜ฃ๐˜ฐ๐˜ถ๐˜ณ๐˜จโ€™๐˜ด ๐˜ง๐˜ช๐˜ฏ๐˜ข๐˜ฏ๐˜ค๐˜ช๐˜ข๐˜ญ ๐˜ฆ๐˜ค๐˜ฐ๐˜ด๐˜บ๐˜ด๐˜ต๐˜ฆ๐˜ฎ. ๐˜ˆ๐˜ต ๐˜๐˜ช๐˜ฏ๐˜ด๐˜บ๐˜ด, ๐˜ธ๐˜ฆ ๐˜ด๐˜ฐ๐˜ญ๐˜ท๐˜ฆ ๐˜ค๐˜ฐ๐˜ฎ๐˜ฑ๐˜ญ๐˜ฆ๐˜น ๐˜ค๐˜ฉ๐˜ข๐˜ญ๐˜ญ๐˜ฆ๐˜ฏ๐˜จ๐˜ฆ๐˜ด ๐˜ข๐˜ฏ๐˜ฅ ๐˜ฅ๐˜ฆ๐˜ญ๐˜ช๐˜ท๐˜ฆ๐˜ณ ๐˜ต๐˜ณ๐˜ข๐˜ฏ๐˜ด๐˜ง๐˜ฐ๐˜ณ๐˜ฎ๐˜ข๐˜ต๐˜ช๐˜ฐ๐˜ฏ ๐˜ข๐˜ค๐˜ณ๐˜ฐ๐˜ด๐˜ด ๐˜ฅ๐˜ช๐˜จ๐˜ช๐˜ต๐˜ข๐˜ญ, ๐˜ณ๐˜ฆ๐˜จ๐˜ถ๐˜ญ๐˜ข๐˜ต๐˜ฐ๐˜ณ๐˜บ ๐˜ข๐˜ฏ๐˜ฅ ๐˜ฐ๐˜ฑ๐˜ฆ๐˜ณ๐˜ข๐˜ต๐˜ช๐˜ฐ๐˜ฏ๐˜ข๐˜ญ ๐˜ฅ๐˜ฐ๐˜ฎ๐˜ข๐˜ช๐˜ฏ๐˜ด. ๐˜ž๐˜ฆ ๐˜ด๐˜ถ๐˜ฑ๐˜ฑ๐˜ฐ๐˜ณ๐˜ต ๐˜ง๐˜ช๐˜ฏ๐˜ข๐˜ฏ๐˜ค๐˜ช๐˜ข๐˜ญ ๐˜ช๐˜ฏ๐˜ด๐˜ต๐˜ช๐˜ต๐˜ถ๐˜ต๐˜ช๐˜ฐ๐˜ฏ๐˜ด ๐˜ช๐˜ฏ ๐˜ฎ๐˜ฐ๐˜ฅ๐˜ฆ๐˜ณ๐˜ฏ๐˜ช๐˜ด๐˜ช๐˜ฏ๐˜จ ๐˜ญ๐˜ฆ๐˜จ๐˜ข๐˜ค๐˜บ ๐˜ด๐˜บ๐˜ด๐˜ต๐˜ฆ๐˜ฎ๐˜ด, ๐˜ด๐˜ค๐˜ข๐˜ญ๐˜ช๐˜ฏ๐˜จ ๐˜ฐ๐˜ฑ๐˜ฆ๐˜ณ๐˜ข๐˜ต๐˜ช๐˜ฐ๐˜ฏ๐˜ด, ๐˜ด๐˜ต๐˜ณ๐˜ฆ๐˜ฏ๐˜จ๐˜ต๐˜ฉ๐˜ฆ๐˜ฏ๐˜ช๐˜ฏ๐˜จ ๐˜ณ๐˜ฆ๐˜จ๐˜ถ๐˜ญ๐˜ข๐˜ต๐˜ฐ๐˜ณ๐˜บ ๐˜ค๐˜ฐ๐˜ฎ๐˜ฑ๐˜ญ๐˜ช๐˜ข๐˜ฏ๐˜ค๐˜ฆ ๐˜ข๐˜ฏ๐˜ฅ ๐˜ฆ๐˜ฎ๐˜ฃ๐˜ฆ๐˜ฅ๐˜ฅ๐˜ช๐˜ฏ๐˜จ ๐˜ˆ๐˜-๐˜ฆ๐˜ฏ๐˜ข๐˜ฃ๐˜ญ๐˜ฆ๐˜ฅ ๐˜ด๐˜ฐ๐˜ญ๐˜ถ๐˜ต๐˜ช๐˜ฐ๐˜ฏ๐˜ด. ๐˜–๐˜ถ๐˜ณ ๐˜ข๐˜ฎ๐˜ฃ๐˜ช๐˜ต๐˜ช๐˜ฐ๐˜ฏ ๐˜ช๐˜ด ๐˜ค๐˜ญ๐˜ฆ๐˜ข๐˜ณ: ๐˜ฅ๐˜ณ๐˜ช๐˜ท๐˜ฆ ๐˜ฎ๐˜ฆ๐˜ข๐˜ด๐˜ถ๐˜ณ๐˜ข๐˜ฃ๐˜ญ๐˜ฆ ๐˜จ๐˜ณ๐˜ฐ๐˜ธ๐˜ต๐˜ฉ, ๐˜ด๐˜ค๐˜ข๐˜ญ๐˜ฆ ๐˜ฆ๐˜ง๐˜ง๐˜ช๐˜ค๐˜ช๐˜ฆ๐˜ฏ๐˜ต๐˜ญ๐˜บ ๐˜ข๐˜ฏ๐˜ฅ ๐˜ข๐˜ค๐˜ค๐˜ฆ๐˜ญ๐˜ฆ๐˜ณ๐˜ข๐˜ต๐˜ฆ ๐˜ช๐˜ฏ๐˜ฏ๐˜ฐ๐˜ท๐˜ข๐˜ต๐˜ช๐˜ฐ๐˜ฏ ๐˜ข๐˜ค๐˜ณ๐˜ฐ๐˜ด๐˜ด ๐˜ต๐˜ฉ๐˜ฆ ๐˜ง๐˜ช๐˜ฏ๐˜ข๐˜ฏ๐˜ค๐˜ช๐˜ข๐˜ญ ๐˜ท๐˜ข๐˜ญ๐˜ถ๐˜ฆ ๐˜ค๐˜ฉ๐˜ข๐˜ช๐˜ฏ.โ€
โ€” Jetmira Mata - Managing Partner I ๐—™๐—ถ๐—ป๐˜€๐˜†๐˜€ ๐—–๐—ผ๐—ป๐˜€๐˜‚๐—น๐˜๐—ถ๐—ป๐—ด

๐Ÿš€ Want to join the ABBL? Contact our Member Relations team!
๐Ÿ“ง member-relations@abbl.lu | Sarah Odru

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