![](https://static.rtl.lu/rtl2008.lu/nt/p/2024/04/25/06/39a15ab4834d4a4c58983bc5ae968095.)
Luxembourg's State and Savings Bank reported a record net profit of €400.8 million for 2023, defying market uncertainties and a troubled real estate sector thanks to effective interest rate strategies and forward-looking investments in cyber security and digital innovation.