SIGMA Bank AG

Anna MileikoCreated by Anna Mileiko, last update 1 November 2023

SIGMA Bank AG Logo

Address

Feldkircher Strasse 2, 9494, Schaan, Liechtenstein

BIC

VOAGLI22XXX

Overview

Category

Commercial banks

Business Focus

private banking, domestic retail banking

In 1997, Volksbank AG took up activities in Liechtenstein with a focus on private banking and has developed into a classic universal bank. Its product spectrum ranges from upmarket advisory services and private banking to custodian services and retail banking, including mortgages and Lombard loans. In 2018 Volksbank AG was rebranded as SIGMA Bank AG. SIGMA Bank AG is focused on private and trust banking, private label funds as well as retail and credit banking.

Performance

In 2023, SIGMA Bank AG achieved the position of 8th largest bank in Liechtenstein with a market share of 0.85%; its total assets dropped by 9.37%.

Additionally, the bank became the 2nd profitable bank in relation to its total assets showcasing 1.21% return on assets and 6.41% return on equity in 2023.

Deposit Protection

Deposits up to 100,000 CHF are covered by Liechtenstein's deposit guarantee scheme in SIGMA Bank AG.

Services

retail banking
private banking
trust banking
investment advice
asset management

Products

current accounts
savings accounts
time deposit accounts
consumer loans
mortgage loans

International Transfers

SWIFT Transfers
SEPA Credit Transfers
SEPA Instant Transfers
SEPA Direct Debits
SEPA Direct Debits B2B

See Also

Ways to Bank

SIGMA Bank AG delivers its products and services through both direct and indirect channels, namely:
SIGMA Bank AG Ways to Bank
branch branch
online banking online banking
mobile app mobile app

Financials

Total Assets of SIGMA Bank AG
Annual_profit of SIGMA Bank AG
Market Share of SIGMA Bank AG
Total Assets (2023)
798.40 mln CHF   (-9.37%)
Annual Profit (2023)
10.13 mln CHF   (-10.35%)
Number of Employees (2023)
61   (+22.00%)

SIGMA Bank AG is the 8th largest bank in Liechtenstein in terms of total assets. In 2023 its total assets were 798,40 mln CHF, providing the bank with the market share of 0.85%. In 2023 the bank's annual profit was 10,13 mln CHF. SIGMA Bank AG had 61 employees in 2023.

Deposit Guarantee

Guarantee Fund
Deposit Guarantee and Investor Compensation Foundation PCC (EAS)Deposit Guarantee and Investor Compensation Foundation PCC (EAS)
Protected Amount
up to 100,000 CHF
Eligible Depositors
natural persons (Liechtenstein and foreign)
legal entities
Covered Accounts
all kinds of account balances held in a name

SIGMA Bank AG participates in the deposit guarantee scheme of Liechtenstein which applies to all kinds of account balances held in a name made by natural persons (Liechtenstein and foreign), legal entities and covers up to up to 100,000 CHF per bank per depositor. SIGMA Bank AG is a member of Deposit Guarantee and Investor Compensation Foundation PCC (EAS) and makes its contributions into it.

See Also

Contacts

addressFeldkircher Strasse 2, 9494, Schaan, Liechtenstein
po box855
phone+423 239 04 04
fax+423 239 04 05

SIGMA Bank AG is headquartered in Schaan.

Bank Identifiers

BIC (SWIFT)
VOAGLI22XXX
LEI
529900UHDH7QLRMEJQ86
Company Number
FL-0001.541.083-9

Bank Supervision

Supervised By
Financial Market Authority
Reference Number
FL-0001.541.083-9

SIGMA Bank AG is authorized and supervised by the Financial Market Authority (reference number FL-0001.541.083-9).

Bank History

Registration Date
19 December 1997
Previous Name
Volksbank AG
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