LGT Bank (Schweiz) AG

LGT Bank specializes in private banking and asset management. For the region Liechtenstein – Rhine Valley – Vorarlberg, the bank also provides comprehensive services as a universal bank.

LGT Bank is owned and managed by the Princely House of Liechtenstein. This special ownership structure guarantees important advantages such as stability, reliability, and independence.

Bank Category
Foreign-controlled banks

LGT Bank (Schweiz) AG is the 43rd largest bank in Switzerland in terms of total assets. In 2016 its total assets were 9 525,33 mln CHF, providing the bank with the market share of 0.31%. LGT Bank (Schweiz) AG is the 7th largest foreign-controlled bank in Switzerland (out of 81 banks) having market share of 3.85% amongst the banks of this category.

Rank in Switzerland
43rd largest bank

Total Assets (2016)
9 525.33 mln CHF  (-0.42%)
Number of Employees (2016)
485  (-0.10%)

LGT Bank (Schweiz) AG participates in deposit guarantee scheme of Switzerland. This scheme covers accounts up to 100 000 CHF per bank per depositor.

LGT Bank (Schweiz) AG is headquartered in Basel.

Address
Lange Gasse 15, 4002, Basel, Switzerland
Phone
061 277 56 00
Fax
061 277 55 88
BIC (SWIFT)
BLFLCHBBXXX
Company Number
CHE-109.346.830
Founded
2001

Financial Positions

Total Assets (2016)
9 525.33 mln CHF  (-0.42%)
Assets Under Management (2016)
34 620.20 mln CHF  (+14.28%)

In 2016 total assets of LGT Bank (Schweiz) AG were 9 525.33 mln CHF. Decline compared to the previous period (2015) was -0.42%. The evolution of the total assets of LGT Bank (Schweiz) AG is shown at Chart 1 below.

Total Assets of LGT Bank (Schweiz) AG.

Chart 1. Total Assets of LGT Bank (Schweiz) AG.

In 2016 assets under management of LGT Bank (Schweiz) AG were 34 620.20 mln CHF. Growth compared to the previous period (2015) was 14.28%. The evolution of the assets under management of LGT Bank (Schweiz) AG is shown at Chart 2 below.

Assets Under Management of LGT Bank (Schweiz) AG.

Chart 2. Assets Under Management of LGT Bank (Schweiz) AG.

Profit and Loss

Gross Profit (2016)
2.90 mln CHF  (-87.28%)
Annual Profit (2016)
24.20 mln CHF  (-53.64%)

In 2016 gross profit of LGT Bank (Schweiz) AG was 2.90 mln CHF. Decline compared to the previous period (2015) was -87.28%. The evolution of the gross profit of LGT Bank (Schweiz) AG is shown at Chart 3 below.

Gross Profit of LGT Bank (Schweiz) AG.

Chart 3. Gross Profit of LGT Bank (Schweiz) AG.

Recent changes in gross profit of LGT Bank (Schweiz) AG and its main components are shown in Table 1.

2015 2016 % change
Net Interest Income 26.1 39.7 +52.11%
Net Commission Income 154.7 164.4 +6.27%
Net Income from Trading Operations 30.3 34.3 +13.20%
Net Income from Banking Operations 236.5 266.5 +12.68%
Gross Profit 22.8 2.9 -87.28%
Table 1. Recent changes in gross profit of LGT Bank (Schweiz) AG (mln CHF).

In 2016 annual profit of LGT Bank (Schweiz) AG was 24.20 mln CHF. Decline compared to the previous period (2015) was -53.64%. The evolution of the annual profit of LGT Bank (Schweiz) AG is shown at Chart 4 below.

Annual Profit of LGT Bank (Schweiz) AG.

Chart 4. Annual Profit of LGT Bank (Schweiz) AG.

Market Position and Market Share (among banks in Switzerland)

Total Assets (2016)
43rd (market share 0.31%)

In 2016 LGT Bank (Schweiz) AG was the 43rd largest bank in Switzerland in terms of total assets, having 0.31% of market share.

Market share of LGT Bank (Schweiz) AG

Chart 5. Market share of LGT Bank (Schweiz) AG

Several banks with market shares closest to LGT Bank (Schweiz) AG are shown below.

RankNameTotal AssetsMarket Share
42 Banque cantonale neuchâteloise10578.70 mln CHF0.34%
43 LGT Bank (Schweiz) AG9525.33 mln CHF0.31%
44 Edmond de Rothschild (Suisse) S.A.9438.18 mln CHF0.30%
 

Deposit Guarantee

Deposit Guarantee
Yes (up to 100 000 CHF per depositor)

Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.

All credit institutions operating in Switzerland are obliged to participate in Swiss deposit guarantee scheme.

In the case of LGT Bank (Schweiz) AG failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Eligible Depositors  private individuals, commercial enterprises and public-sector offices
Covered Accounts  credit balances (e.g. personal accounts, savings accounts, investment accounts, salary accounts, numbered accounts, deposit accounts and current accounts)
Covered Currencies  all
Maximum Protected Amount  100 000 CHF
Paid In Currency  CHF

Further Information

Bank Identifiers

Any bank can be identified for different purposes and hence can have several different identifiers.

BIC

BIC (Business Identifier Code, also known as SWIFT code or SWIFT BIC) is a the mostly used international identifier of financial institutions. SWIFT is the registration authority for BICs. BICs are used in financial transactions, client and counterparty data bases, compliance documents and many others.

A BIC consists of eight or eleven characters, comprising a financial institution code (four characters), a country code (two characters), a location code (two characters) and, optionally, a branch code (three characters).

BIC of LGT Bank (Schweiz) AG and its components are shown in the table below.

BIC  BLFLCHBBXXX
Bank BIC Code  BLFL
Country Code  CH (Switzerland)
Location Code  BB
Branch Code  XXX

Company Registration Number

Company Registration Number is a distinctive code issued upon registration of a new company. This code can be used to find data about the company in a national company register.

Company Number  CHE-109.346.830

European Presence: 5 banks in 5 countries

This bank operates in the following European countries and selected dependent territories of the European countries:

Austria

Cayman Islands

Ireland

Liechtenstein

Switzerland

  •  (this bank) LGT Bank (Schweiz) AG (Basel)