Banks in Liechtenstein are mainly focused on the following areas:
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.
Chart 1. Consolidated banking assets in Liechtenstein.
Recent structural changes (2013 - 2017) of the banking sector of Liechtenstein are summarised in Table 1.
|Number of Opened Banks||0||0||0||0||0|
|Number of Closed Banks||0||0||1||0||0|
Table 1. Recent structural changes in the banking sector of Liechtenstein.
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:
All these details about deposit guarantee scheme in Liechtenstein are summarised in Table 2.
Table 2. Deposit guarantee scheme in Liechtenstein.
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.
Foreign currency deposit ceiling for Liechtenstein is Aaa (prime).