Corporate loans reached 69.3 USD bil in 2011 in Luxembourg, according to the National Central Bank. This is 7.08 % less than in the previous year.
Historically, corporate loans in Luxembourg reached an all time high of 91.4 USD bil in 2008 and an all time low of 44.1 USD bil in 2005. When compared to Luxembourg's main peers, corporate loans in Belgium amounted to 132 USD bil, 1,058 USD bil in France, 1,034 USD bil in Germany and 421 USD bil in Netherlands in 2011.
Luxembourg has been ranked 33rd within the group of 92 countries we follow in terms of corporate loans.
Corporate loans are loans made to businesses for a specific business purpose.