Market outlooks

Banks' real estate risks rising

Thanks to Brandon Griggs @paralitik for making this photo available freely on Unsplash 🎁

“Risks in real estate markets were on the rise” in 2020 according to the recently-published annual report by the CSSF financial regulator. A range of indicators point to the increased level of debt across the Luxembourg economy and with it, the risks to local lenders. This has driven the CSSF to act to reduce vulnerabilities. 

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