How big is your financial sector?

Cyprus crysis made people to think whether it is safe for country to have enormous financial sector in comparison to relatively small GDP. There are a lot of countries with the economies built around the financial sectors, and whose wealth denends on its developement.  Luxembourg is the country which has the biggest financial sector: its bank deposits are almost 6 times as large as GDP. However only 5% of total bank assets of Luxembourg belong to local banks, the other 95% - are assets of branches of international banks which are safe. On the contrary, in Cyprus, 81% of banks are local. So, the scope of financial sector as itself - in not the reason for worries; but the quality of financial sector - is what matters.