Corporate loans reached 53.4 EUR bil in 2011 in Luxembourg, according to the National Central Bank. This is 4.88 % less than in the previous year.
Historically, corporate loans in Luxembourg reached an all time high of 65.7 EUR bil in 2008 and an all time low of 33.7 EUR bil in 2004. When compared to Luxembourg's main peers, corporate loans in Belgium amounted to 102 EUR bil, 816 EUR bil in France, 797 EUR bil in Germany and 325 EUR bil in Netherlands in 2011.
Luxembourg has been ranked 81st within the group of 109 countries we follow in terms of corporate loans.
Corporate loans are loans made to businesses for a specific business purpose.