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.
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.
LGT Bank AG is headquartered in Vaduz.
|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.
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.
Chart 2. Assets Under Management of LGT Bank AG.
|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.
Chart 3. Annual Profit of LGT Bank AG.
|Number of Employees (2015)|
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.
Chart 4. Number of Employees of LGT Bank AG.
|- (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.
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 Bank Deposit Rating||Aa2|
|Baseline Credit Assessment||a2|
Outlook for the ratings of LGT Bank AG is set to stable (not likely to change).
|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|
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.
|Bank BIC Code||BLFL|
|Country Code||LI (Liechtenstein)|
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.
The following banks operating under LGT Bank brand name has been recently closed down: