Theme of the new edition of the Banking Study Tour Programme:
Luxembourg Finance Innovation, key to Africa growth !

Introduction
Grand Duchy of Luxembourg is the second richest country in the world
According to the International Monetary Fund projections, Luxembourg will overtake Qatar to become the richest nation in the world in 2015 with a GDP per capita of USD 96,269. The Grand Duchy of Luxembourg is one of the six founding countries of the European Union, together with France, Germany, Belgium, Italy and the Netherlands. Luxembourg is one of the most important capitals of the European Union.
The financial sector, which accounts for about 36% of GDP, is the leading sector in the country's economy.
Many European and international institutions are located in Luxembourg:
*European Commission
*Court of Justice of the European Union
*European Investment Bank
*European Investment Fund
*Secretariat General of the European Parliament
Luxembourg is the most important place in Europe and in the world for financing, banking and business.
The city of Luxembourg provides an operational hub for many international financial institutions. Cross-border activities such as private and corporate banking, fund administration and custody, wealth management and treasury services, are run fluidly and effectively from the Grand Duchy of Luxembourg. Luxembourg's high-income economy has a solid growth, low inflation, and low unemployment.
The global financial community has recognised Luxembourg’s sustained competitive edge with AAA credit ratings.
With its large pool of multilingual talent, the Luxembourg’s financial centre is a perfect launch pad for new products and services requiring cross-border appeal. Banks enjoy a fully developed ecosystem of service providers, including law firms, FinTechs, accountants and IT specialists, as well as third-party management companies international listing and post-trade services.
Depositaries are the bedrock of Luxembourg’s world-leading cross-border investment fund industry. Luxembourg’s banks act as global custodians for their own groups and their institutional clients around the world.
Luxembourg Finance Innovation:
a new vision for the future economy

FIND WHY LUXEMBOURG IS IDEAL FOR YOU
Luxembourg is the European leader in banking and sustainable financing activities, at the top of the international leader board for development aid, investing 1 percent of its Gross National Income (GNI) in development assistance also in Africa
Luxembourg government is committed to the eradication of extreme poverty and support for sustainable development in the world
Luxembourg has exceeded official development assistance aid donations set by the UN’s Millennium
Luxembourg facilitated the establishment of the European Microfinance Platform the inclusive finance

For non-EU banking groups Luxembourg is a key gateway to the EU.
Luxembourg’s expertise in cross-border financial services gives it an edge as an EU-onshore base for international private banking.
Luxembourg offers a one-stop shop for private banking and global wealth management, encompassing all of a client’s assets and business interests across multiple jurisdictions.

Everything you need to know about participation to the second edition of the Banking Tour Programme in Luxembourg

Who can register?
Registration is open to all bank and social business enterprises and NGO financial managers interested to innovative financial tools and funds for microfinance.
Venue
The meetings are being held at the Luxembourg banks and social business enterprises registered in the programme. These exceptional venues inside the Luxembourg banks guarantees a highest professionalism atmosphere.
