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Economy and Banking Sector of Liechtenstein

Major Banks of Liechtenstein

Rank
1
Total Assets
43,400.00 mln CHF  (+49.10%)
Market Share
56.56 %
Rank
2
Total Assets
14,037.00 mln CHF  (-1.31%)
Market Share
18.29 %
Rank
3
Total Assets
12,428.00 mln CHF  (+12.13%)
Market Share
16.20 %

#1: LGT Bank AG

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.

Services
private banking
asset management
portfolio management
investment advisory
retail banking
wealth planning
Products
current accounts
debit cards
credit cards
savings accounts
time deposit accounts
precious metals accounts
safe deposit boxes
custody accounts
lombard loans
mortgage loans

LGT Bank AG is the 1st largest bank in Liechtenstein in terms of total assets. In 2018 its total assets were 43 400,00 mln CHF, providing the bank with the market share of 56.56%. In 2018 the bank's annual profit was 314,10 mln CHF.

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 the deposit guarantee scheme of Liechtenstein. This scheme covers accounts up to 100,000 CHF per bank per depositor.

#2: Liechtensteinische Landesbank AG

The Liechtensteinische Landesbank AG (LLB) was founded in 1861 and is the financial institution with the richest tradition in the Principality of Liechtenstein, it is also one of the largest banks in Liechtenstein. The State of Liechtenstein has been the main shareholder since the partial privatisation of the LLB in 1993.

LLB offers its clients comprehensive products and services in retail, corporate and private banking.

Services
retail banking
private banking
business banking
Area Served
LILiechtenstein
CHSwitzerland
DEGermany
ATAustria
internationally
Products
current accounts
savings accounts
debit cards
credit cards
investment funds
structured products
mortgage loans
lombard loans

Liechtensteinische Landesbank AG is the 2nd largest bank in Liechtenstein in terms of total assets. In 2018 its total assets were 14 037,00 mln CHF, providing the bank with the market share of 18.29%. In 2018 the bank's annual profit was 74,00 mln CHF.

Liechtensteinische Landesbank AG participates in the deposit guarantee scheme of Liechtenstein. This scheme covers accounts up to 100,000 CHF per bank per depositor.

#3: VP 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.

Services
private banking
investment consultancy
fund distribution
asset management
wealth planning
Clients
private investors
institutional investors
Products
current accounts
credit cards
savings accounts

VP Bank AG is the 3rd largest bank in Liechtenstein in terms of total assets. In 2018 its total assets were 12 428,00 mln CHF, providing the bank with the market share of 16.20%. In 2018 the bank's annual profit was 54,70 mln CHF.

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

See Also