Overview of banks in Liechtenstein

Financial services represent over a quarter of Liechtenstein's GDP. Liechtenstein banks specialize in private banking and wealth management and are among the best capitalized banks in the world. Their high capital ratio enabled Liechtenstein banks to manage the 2008 financial crisis better than other European banks. There are 15 private banks in Liechtenstein, with the banking sector reporting combined assets of CHF 60,556,000,000 in 2015.

 

Comptes bancaires au Liechtenstein

 

Main banks in Liechtenstein:

LGT Bank

LGT Bank, originally known as Liechtenstein Global Trust Bank, is the largest of Liechtenstein's banks, with a market share of approximately 46% of bank accounts in Liechtenstein. Founded in 1920, LGT Bank currently operates in more than 20 countries. The bank is owned and operated by the Princely House of Liechtenstein and is known for its highly specialized private banking and asset management services. LGT Bank has a long-term credit rating of Aa2 (high quality) from Moody's. Its headquarters are in Vaduz.

Total assets in 2015: CHF 29,108,000,000 (-5,16%)

Total profit in 2015: 112,300,000 CHF (-77.18%)

 

Liechtensteinische Landesbank AG

Liechtensteinische Landesbank AG (LLB) was founded in 1861 and is one of the oldest and most important financial institutions in the Principality of Liechtenstein. Although LLB was privatized in 1993, the State of Liechtenstein remains its main shareholder. LLB is the second largest bank in Liechtenstein and offers a wide range of Liechtenstein bank accounts to its clients. These include retail banking, corporate banking, investment management, and private banking. Based in Vaduz, LLB has a market share of approximately 22%.

Total assets in 2015: CHF 14,223,200,000 (-1.58%)

Total profit in 2015: 77,600,000 CHF (+ 1,57%)

 

VP Bank

Founded in 1956, VP Bank is the third largest of Liechtenstein's banks in terms of assets. VP Bank provides private banking services, specialized asset management and specialized investment advisory services. The bank owns and operates a subsidiary known as Centrum Bank, which provides a wide range of standard commercial Liechtenstein bank accounts. VP Bank has a market share of around 17% and is one of the fastest growing banks in Liechtenstein. The bank is headquartered in Vaduz.

Total assets in 2015: 11,083,100,000 CHF (+ 18.97%)

Total profit in 2015 : CHF 41,200,000 (+ 98,08%)

 

Valartis Bank

Valartis Bank was established in 1998 and is the fourth largest bank in terms of assets in Liechtenstein. Valartis Bank offers specialized private Liechtenstein bank account services, which include asset management services, to its high net worth clients. The bank also operates as a standard investment bank and its investment advisory team is one of the best in Liechtenstein, offering investments in financial instruments across the world. Valartis Bank Liechtenstein is headquartered in Gamprin-Bendern and has a market share of approximately 2.5%.

Total assets in 2015: CHF 1,671,000,000 (-16.34%)

Total profit in 2015: 6,000,000 CHF (-64.91%)

 

Banque Havilland (Liechtenstein) AG

Banque Havilland Liechtenstein is one of the private banks in Liechtenstein. The bank was created in 2014 when Banque Havilland acquired Banque Pasche Liechtenstein. It is the fifth largest bank in Liechtenstein in terms of assets and has a market share of around 2.5%. Banque Havilland Liechtenstein specializes in providing private Liechtenstein bank accounts to its clients. The bank is headquartered in Vaduz.

Total assets in 2015: CHF 1,509,000,000 (+ 507,73%)

Total profit in 2015 : 2,700,000 CHF

 

Bank Frick

Bank Frick Liechtenstein was founded in 1998 and is a family-owned private bank. Bank Frick offers private banking services such as specialized asset management, investment advisory services and property management. In addition, the bank develops and manages real estate investments in Germany, Switzerland, the United Kingdom and Liechtenstein. It is the sixth largest bank in Liechtenstein in terms of assets and has a market share of around 2.3%. The bank is headquartered in Balzers.

Total assets in 2015: CHF 1,430,000,000 (-10.81%)

Total profit in 2015: CHF 1,800,000 (-28%)

 

NEUE Bank

Founded in 1992, NEUE Bank is a private bank in Liechtenstein. The bank offers private banking services such as asset management, investment advisory services and property management services to its high net worth clients. Unlike the other private banks on this list, NEUE Bank, like a classic private bank, does not offer any investment product. It is the seventh largest bank in terms of assets in Liechtenstein and has a market share of around 1.9%. The bank is headquartered in Vaduz.

Total assets in 2015: CHF 1,178,800,000 (-10%)

Total profit in 2015: CHF 7,600,000 (+ 13,43%)

 

Volksbank

Volksbank is an Austrian bank which established its activities as one of the banks of Liechtenstein in 1997. Volksbank Liechtenstein started as a private bank, but has since grown into a fully-fledged commercial bank offering services such as banking retail, mortgage and business finance. However, it still offers a wide range of private banking services to its high net worth clients. Volksbank Liechtenstein is Liechtenstein's eighth largest bank in terms of assets and has a market share of around 1%. The Volksbank Liechtenstein is headquartered in Schaan.

Total assets in 2015: CHF 710,900,000 (+ 7.44%)

Total profit in 2015: 5,200,000 CHF (23,81%)

 

Kaiser partner

Kaiser Partner is a private bank that was originally established in 1931. Kaiser Partner offers a wide range of services related to private banking and asset management. As an investment bank, Kaiser Partner has built a reputation over the years for its responsible and sustainable investment practices. It is the ninth largest bank in Liechtenstein in terms of assets and has a market share of around 0.80%. The bank is headquartered in Vaduz.

Total assets in 2015: CHF 499,300,000 (-10,66%)

Total profit in 2015: 2,100,000 CHF (-19.23%)

 

Raiffeisen private bank

Founded in 1998, Raiffeisen Privatbank offers its clients services related to private banking by providing them with highly personalized services. These services include traditional asset management, investment advisory services and wealth management. In addition to its partnerships with other investment banks around the world, Raiffeisen Privatbank is the tenth largest bank in Liechtenstein in terms of assets and has a market share of around 0.50%. Raiffeisen Privatbank Liechtenstein is part of the Austrian banking group Raiffeisen and is headquartered in Vaduz.

Total assets in 2015: CHF 304,500,000 (-14,83%)

Total profit in 2015: 1,000,000 CHF (+ 233,33%)