VP Bank AG (formerly Verwaltungs- und Privat-Bank AG)

VP Bank AG was formed in 1956 and now ranks among the largest banks in Liechtenstein. It offers tailored asset management and investment advisory services for private persons and intermediaries.

The first-class services for private and professional clients include every aspect of asset management and investment advice. Thanks to a culture of open architecture, clients benefit from the independent and personal advice of a private bank while receiving access to a global network of specialists: advice includes both products and services of leading financial institutions as well as the bank’s own investment solutions.

On 7 January 2015 VP Bank AG acquired all of the shares of Centrum Bank AG. This means that Centrum Bank AG is now a wholly owned subsidiary of VP Bank AG. The legal merger of VP Bank AG and Centrum Bank AG will be completed in the coming months.

Business Focus

Asset Management

Financials

Total Assets (2015)
11 083.10 mln CHF  (+18.97%)
Annual Profit (2015)
41.20 mln CHF  (+98.08%)
Number of Employees (2015)
524  (+11.02%)

VP Bank AG is the 3rd largest bank in Liechtenstein in terms of total assets. In 2015 its total assets were 11 083,10 mln CHF, providing the bank with the market share of 17.75%. In 2015 the bank's annual profit was 41,20 mln CHF. VP Bank AG had 524 employees in 2015.

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

Contacts

Aeulestrasse 6, 9490, Vaduz, Liechtenstein
885
+423 235 66 55
+423 235 65 00

VP Bank AG is headquartered in Vaduz.

Bank Identifiers

BIC (SWIFT)
VPBVLI2XXXX
Company Number
FL-0001.007.080-0
Registration Date
10 April 1956

Financial Positions

Total Assets (2015)
11 083.10 mln CHF  (+18.97%)
Total Equity (2015)
838.20 mln CHF  (+9.93%)
Assets Under Management (2015)
34 768.70 mln CHF  (+12.38%)

In 2015 total assets of VP Bank AG were 11 083.10 mln CHF. Growth compared to the previous period (2014) was 18.97%. The evolution of the total assets of VP Bank AG is shown at Chart 1 below.

Total Assets of VP Bank AG.

Chart 1. Total Assets of VP Bank AG.

In 2015 assets under management of VP Bank AG were 34 768.70 mln CHF. Growth compared to the previous period (2014) was 12.38%. The evolution of the assets under management of VP Bank AG is shown at Chart 2 below.

Assets Under Management of VP Bank AG.

Chart 2. Assets Under Management of VP Bank AG.

Profit and Loss

Annual Profit (2015)
41.20 mln CHF  (+98.08%)

In 2015 annual profit of VP Bank AG was 41.20 mln CHF. Growth compared to the previous period (2014) was 98.08%. The evolution of the annual profit of VP Bank AG is shown at Chart 3 below.

Annual Profit of VP Bank AG.

Chart 3. Annual Profit of VP Bank AG.

Number of Employees

Number of Employees (2015)
524  (+11.02%)

In 2015 there were 524 employees of VP Bank AG. Growth compared to the previous period (2014) was 11.02%. The evolution of the number of employees of VP Bank AG is shown at Chart 4 below.

Number of Employees of VP Bank AG.

Chart 4. Number of Employees of VP Bank AG.

Market Share and Rank (among banks in Liechtenstein)

Total Assets (2015)
3rd (market share 17.75%)

In 2015 VP Bank AG was ranked the 3rd largest bank in Liechtenstein in terms of total assets, having 17.75% of the domestic market share.

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

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

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

RankNameTotal AssetsMarket Share
2Liechtensteinische Landesbank AG14223.20 mln CHF22.78%
3VP Bank AG11083.10 mln CHF17.75%
4BENDURA BANK AG1671.00 mln CHF2.68%
 

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 VP 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 VP Bank AG and its components are shown in the table below.

BIC  VPBVLI2XXXX
Bank BIC Code  VPBV
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-0001.007.080-0

European Presence: 4 banks in 4 countries

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

British Virgin Islands

Liechtenstein

  • (this bank) VP Bank AG (Vaduz)

Luxembourg

Switzerland