The 2017 data was communicated by finance minister Pierre Gramegna responding to a parliamentary question released on 15 March.

Gramegna wrote that there were 26,111 people working in banks, 4,344 in management companies, 2,271 in investment firms and 4,008 in specialist financial sector professional firms and 9,656 support financial sector professional firms.

“The financial sector therefore represents a prime example of a sector generating qualitative growth,” Gramegna wrote.