The banking group
The LLB Group is a universal bank with a strong private banking and institutional business. It is represented by a bank each in its home markets of Liechtenstein, Switzerland, and Austria.
The Liechtensteinische Landesbank AG (LLB), founded in 1861 and headquartered in Vaduz, is the market leader in Liechtenstein for private and corporate clients. It makes a significant contribution to the sustainable development of the prospering country. Liechtenstein is one of only 11 countries worldwide with a AAA rating. As a strong partner with 57.5% of the share capital, the Principality of Liechtenstein is the main shareholder of the LLB. The LLB has been listed on the SIX Swiss Exchange since 1993 (symbol: LLBN). With a Moody's rating of Aa2, it is well above the average for European financial institutions.
The subsidiary Bank Linth LLB AG (BLL), founded in 1848 and headquartered in Uznach, is the largest universal bank in Eastern Switzerland and has a presence in five Swiss regions. Bank Linth is listed on the SIX Swiss Exchange (symbol: LINN). Since 2007, 74.2% of its shares have been held by its majority shareholder, the Liechtensteinische Landesbank AG.
Liechtensteinische Landesbank Österreich
The LLB Group has been active in Austria since 2009. The Liechtensteinische Landesbank (Österreich) AG in Vienna, an independent bank under Austrian law, has established itself as a partner for private banking clients from Austria as well as Central and Eastern Europe.
At the beginning of July 2018, the LLB Group acquired 100% of Semper Constantia Privatbank AG in Vienna. Semper Constantia and LLB Österreich merged to form the Liechtensteinische Landesbank (Österreich) AG on 28 September 2018. The LLB Group thus established Austria as its third strong home market. It positions itself as the leading asset management bank in Austria.
Two competence centres
The LLB Group has two competence centres: Asset Management and Fund Services. The investment competence of our Asset Management has won numerous international awards. With Fund Services, we are an important provider of individual private label fund solutions and the market leader as a custodian bank for third-party funds in Liechtenstein.
The acquisition of the fund service provider LB(Swiss) Investment, which has been operating as LLB Swiss Investment AG since May 2018, gave the LLB Group access to the Swiss fund market. The merger to form the Liechtensteinische Landesbank Österreich makes us a leading provider of investment funds and real estate investment funds in the Austrian fund market.
As the fund powerhouse of the Liechtenstein/Austria/Switzerland region, the LLB Group serves the fund business from its three locations in Vaduz, Vienna, and Zurich.
Three market divisions
The organisational structure of the LLB Group consists of three market divisions:
- Retail & Corporate Banking comprises universal banking in the home markets of Liechtenstein and Switzerland.
- Private Banking comprises all private banking activities of the LLB Group: investment advice, asset management, asset structuring, and financial and pension planning. The focus is on the onshore markets of Liechtenstein, Switzerland, and Austria, the traditional cross-border markets of Germany and the rest of Western Europe, and the growth markets of Central and Eastern Europe and the Middle East.
- Institutional Clients comprises the intermediary and fund business as well as the Asset Management segment of the LLB Group. Clients include professional trustees and fiduciaries, external asset managers, insurers, and institutions under public law. The focus is on the markets of Liechtenstein and Switzerland.