LGT Bank 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.

Business Focus

Private Banking
Domestic Universal Banking

Financials

Total Assets (2015)
29 108.20 mln CHF  (-5.16%)
Annual Profit (2015)
112.30 mln CHF  (-77.18%)
Number of Employees (2015)
808  (+4.80%)

LGT Bank AG is the 1st largest bank in Liechtenstein in terms of total assets. In 2015 its total assets were 29 108,20 mln CHF, providing the bank with the market share of 46.61%. In 2015 the bank's annual profit was 112,30 mln CHF. LGT Bank AG had 808 employees in 2015.

LGT Bank AG is rated by Moody's. Long-term credit rating assigned to the bank by Moody's is Aa2 (high grade).

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

Contacts

Herrengasse 12, 9490, Vaduz, Liechtenstein
85
+423 235 11 22
+423 235 15 22

LGT Bank AG is headquartered in Vaduz.

Bank Identifiers

BIC (SWIFT)
BLFLLI2XXXX
Company Number
FL-0001.122.356-7
Registration Date
07 December 1990

Financial Positions

Total Assets (2015)
29 108.20 mln CHF  (-5.16%)
Total Equity (2015)
2 728.60 mln CHF  (+4.30%)
Assets Under Management (2015)
62 380.30 mln CHF  (+1.82%)

In 2015 total assets of LGT Bank AG were 29 108.20 mln CHF. Decline compared to the previous period (2014) was -5.16%. The evolution of the total assets of LGT Bank AG is shown at Chart 1 below.

Total Assets of LGT Bank AG.

Chart 1. Total Assets of LGT Bank AG.

In 2015 assets under management of LGT Bank AG were 62 380.30 mln CHF. Growth compared to the previous period (2014) was 1.82%. The evolution of the assets under management of LGT Bank AG is shown at Chart 2 below.

Assets Under Management of LGT Bank AG.

Chart 2. Assets Under Management of LGT Bank AG.

Profit and Loss

Annual Profit (2015)
112.30 mln CHF  (-77.18%)

In 2015 annual profit of LGT Bank AG was 112.30 mln CHF. Decline compared to the previous period (2014) was -77.18%. The evolution of the annual profit of LGT Bank AG is shown at Chart 3 below.

Annual Profit of LGT Bank AG.

Chart 3. Annual Profit of LGT Bank AG.

Number of Employees

Number of Employees (2015)
808  (+4.80%)

In 2015 there were 808 employees of LGT Bank AG. Growth compared to the previous period (2014) was 4.80%. The evolution of the number of employees of LGT Bank AG is shown at Chart 4 below.

Number of Employees of LGT Bank AG.

Chart 4. Number of Employees of LGT Bank AG.

Market Share and Rank (among banks in Liechtenstein)

Total Assets (2015)
1st (market share 46.61%)

In 2015 LGT Bank AG was ranked the 1st largest bank in Liechtenstein in terms of total assets, having 46.61% of the domestic market share.

Market share of LGT Bank AG (among banks in Liechtenstein)

Chart 5. Market share of LGT Bank AG (among banks in Liechtenstein)

Several banks having the market shares and ranks closest to LGT Bank AG are shown below.

RankNameTotal AssetsMarket Share
1LGT Bank AG29108.20 mln CHF46.61%
2Liechtensteinische Landesbank AG14223.20 mln CHF22.78%
3VP Bank AG11083.10 mln CHF17.75%
 

Credit Ratings (as of May 2018)

Fitch Moody's
- (not rated) Aa2 (high grade)

Credit Rating is an opinion of a credit rating agency about credit worthiness of a company or a government. LGT Bank AG is rated by Moody's.

Credit ratings assigned to LGT Bank AG as of May 2018 are shown in details in the following sections.

Moody's

Long-term rating for LGT Bank AG it is set to Aa2 (high grade). Long-term bank deposit rating is Aa2 (high grade). Baseline credit assessment is a2. Short-term rating is not assigned.

Long-Term Rating  Aa2
Long-Term Bank Deposit Rating  Aa2
Baseline Credit Assessment  a2
Short-Term Rating  -
Outlook  stable

Outlook for the ratings of LGT Bank AG is set to stable (not likely to change).

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 Liechtenstein are obliged to participate in Liechtenstein's deposit guarantee scheme.

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

Covered Accounts  account balances of all kinds as well as call money and time deposits
Maximum Protected Amount  100 000 CHF
Paid In Currency  CHF

Further Information

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 AG and its components are shown in the table below.

BIC  BLFLLI2XXXX
Bank BIC Code  BLFL
Country Code  LI (Liechtenstein)
Location Code  2X
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  FL-0001.122.356-7

European Presence: 5 banks in 5 countries

LGT Bank AG operates under the brand name LGT Bank. This banking brand has presence in the following European countries and selected dependent territories of the European countries:

Austria

Cayman Islands

Ireland

Liechtenstein

  • (this bank) LGT Bank AG (Vaduz)

Switzerland

Defunct Banks: 1 bank in 1 country

The following banks operating under LGT Bank brand name has been recently closed down:

Ireland