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Credit Institutions Balance Sheet and Reserve Requirements February 2026

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Summary

The Banque centrale du Luxembourg published aggregated balance sheet data for credit institutions showing €1,000,949 million on 28 February 2026, a 0.62% decrease from January 2026 and a 2.07% increase year-on-year. Net interbank lending stood at €221,660 million, while loans to resident non-bank customers increased by €816 million (0.68%) monthly. The reserve requirement for the maintenance period from 25 March 2026 to 5 May 2026 amounts to €6,649 million.

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What changed

The BCL released statistical data on credit institutions' aggregated balance sheet and reserve requirements. The balance sheet decreased by €6,234 million month-over-month to €1,000,949 million, driven by reduced interbank lending. Loans to non-bank customers grew by €816 million while deposits from the resident non-bank sector increased by €659 million. The reserve requirement increased by €201 million to €6,649 million for the upcoming maintenance period.

This is an informational statistical release that does not create compliance obligations. Banks and financial institutions should note the continued growth in lending (4.71% annually) and deposits (4.25% annually) in Luxembourg's banking sector. The data is primarily relevant for monitoring sector trends and reserve position planning.

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Apr 16, 2026

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Evolution of credit institutions’ balance sheet

01.04.2026 Ce contenu est également disponible en français The Banque centrale du Luxembourg informs that, based on preliminary data, the aggregated balance sheet of credit institutions reached 1 000 949 million euros on 28 February 2026, compared to 1 007 183 million euros on 31 January 2026, a decrease of 0.62%.

On the assets side, this decrease is due mostly to the monthly decrease of loans to other banks and deposit-taking corporations. On the liabilities side, it is also due to deposits from other banks and deposit-taking corporations. On an annual basis, the aggregated balance sheet increased by 2.07%.

Net interbank lending, i.e. the difference between interbank loans and deposits, decreased by 3 265 million euros, or 1.45%, to reach 221 660 million euros at the end of February 2026.

Loans to resident non-bank customers increased by 816 million euros, or 0.68%, between January 2026 and February 2026. Over twelve months, these loans have increased by 5 417 million euros, or 4.71%.

On a yearly basis, loans to non-financial corporations (NFCs) decreased by 605 million euros (or 2.58%), loans for house purchases increased by 1 202 million euros 2.90% and loans to other financial intermediaries (OFIs) increased by 4 521 million euros (or 10.46%).

With regard to the liability side, deposits from the resident non-bank sector have progressed by 659 million euros, or 0.21%, between January 2026 and February 2026. Over twelve months, these deposits increased by 12 846 million euros, or 4.25%.

Between February 2025 and February 2026, Other financial intermediaries (OFI) deposits (which had a share of 68.5% as at 28 February 2026 and comprised deposits made up by monetary and non-monetary investment funds) increased by 13 252 million euros (or 6.55%) and household deposits progressed by 2 702 million euros (or 5.67%). NFC deposits decreased by 2 449 million euros (or 9.39%) and deposits from the other sectors [1] decreased by 659 million euros (or 2.54%).

The tables pertaining to the balance sheet of credit institutions can be consulted on the BCL’s website on the following page:

http://www.bcl.lu/en/statistics/seriesstatistiquesluxembourg/11creditinstitutions/index.html

Evolution of reserve requirement

The Banque centrale du Luxembourg (BCL) informs that the reserve requirement, for the maintenance period from 25 March 2026 to 5 May 2026, amounts to 6 649 million euros.

The minimum reserves for credit institutions to hold with the BCL have increased by 201 million euros compared to the previous maintenance period.

Statistical series relating to the minimum reserve requirements of credit institutions are accessible on the BCL's website using the following link:

http://www.bcl.lu/en/statistics/seriesstatistiquesluxembourg/01MonPol_Stat/index.html

For further information about this press release, please contact us by phone: 4774-4265/-4599

[1] General government, insurance corporations and pension funds.

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Last updated

Classification

Agency
BCL
Published
April 1st, 2026
Instrument
Notice
Legal weight
Non-binding
Stage
Final
Change scope
Minor

Who this affects

Applies to
Banks
Industry sector
5221 Commercial Banking
Activity scope
Banking statistics Reserve requirements
Geographic scope
LU LU

Taxonomy

Primary area
Banking
Operational domain
Finance
Topics
Financial Services

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