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Economy and Banking Sector of Liechtenstein

Banking Focus

Banks in Liechtenstein are mainly focused on the following areas:

  • asset management
  • private banking
  • wealth management

Banking Sector Structure

Number of Banks
14
Consolidated Assets (2015)
60,556.00 mln CHF  (-4.42%)
Recent Changes (2017)
new banks: 0, closed banks: 0

Currently there are 14 credit institutions operating in Liechtenstein.

In 2015 consolidated banking assets in Liechtenstein were 60,556.00 mln CHF. The consolidated banking assets' evolution is shown at Chart 1 below.

Consolidated banking assets in Liechtenstein.

Chart 1. Consolidated banking assets in Liechtenstein.

Recent structural changes (2013 - 2017) of the banking sector of Liechtenstein are summarised in Table 1.

20132014201520162017
Number of Opened Banks00000
Number of Closed Banks00100

Table 1. Recent structural changes in the banking sector of Liechtenstein.

Deposit Guarantee Scheme

Maximum Protected Amount
100,000 CHF

Deposit guarantee scheme is a financial stability mechanism implemented in many countries to protect bank depositors against the loss of their deposits in the case when a bank is unable to meet its obligations to depositors by compensating certain deposits held by depositors of the bank. This compensation is paid out from the contributions which banks have made into a deposit guarantee fund.

From a depositor's point of view it is important to know:

  • if the depositor is eligible within the terms of the deposit guarantee scheme;
  • if the depositor's bank is a participant in the deposit guarantee scheme;
  • if the depositor's type of deposit is covered by the deposit guarantee scheme.

All these details about deposit guarantee scheme in Liechtenstein are summarised in Table 2.

Maximum Protected Amount
100,000 CHF
Scheme Participants
all credit institutions operating in Liechtenstein (including branches of foreign banks)
branches of Liechtenstein's banks abroad
Eligible Depositors
private individuals
  • residents of Liechtenstein
  • citizens of Liechtenstein
  • foreign residents
  • foreign residents
legal entities
  • asset structures
  • corporate clients
Covered Accounts
all kinds of account balances held in a name, including
  • private accounts
  • savings accounts
  • investment accounts
  • salary accounts
  • numbered accounts
  • deposit accounts
  • current accounts
Covered Currencies
all currencies, namely
  • CHF (Swiss franc)
  • foreign currencies
Paid In Currency
CHF

Table 2. Deposit guarantee scheme in Liechtenstein.

Further Information

Country Ceiling for Deposits

Moody's country ceilings for deposits specify the highest rating that can be assigned to local- or foreign- currency denominated deposit obligations of a bank or other deposit taking institution domiciled within that country.

Local Currency (Swiss franc)
-
Foreign Currency
Aaa (prime)

Foreign currency deposit ceiling for Liechtenstein is Aaa (prime).