Liechtensteinische Landesbank Stock

Liechtensteinische Landesbank Aktiengesellschaft provides banking products and services in Liechtenstein, Switzerland, Europe, North and South America, Africa, Asia, and internationally.

The company engages in the commission and fees business, credit and lending business, money market and interbank business, as well as securities trading business. The company involves in securities safe custody business, asset management (incl. investment funds) and brokering fiduciary investments. The largest proportion of loans comprises mortgages, Lombard loans and advances to public institutions. Mortgages are granted to finance properties in Liechtenstein and in the neighbouring areas of Switzerland. Real estate financing for the rest of Switzerland and Lombard loans are granted within the scope of the integrated asset management business. A major proportion of loans and advances to public authorities relates to credit facilities extended to cantons and municipalities in Switzerland. Domestic and international funds deposited with the company, which in as far as they are not invested in lending business or held as liquid funds, are placed with first-class banks, predominantly in Switzerland and Western Europe.

The company offers its clients a full range of services in connection with the execution and settlement of securities trading transactions. It trades for its own account only to a moderate extent. Transactions with derivative financial instruments for the company's own account are largely employed for hedging purposes.

Within the scope of its strategy, the company evaluates which business locations are relevant in its target markets, and whether properties should be purchased or rented at these location.

Segments

The company operates through following segments: Retail & Corporate Banking, and International Wealth Management.

The Retail and Corporate Banking segment services locally oriented private banking clients in Liechtenstein, Switzerland and Germany, as well as corporate and private clients in Liechtenstein and Switzerland.

The International Wealth Management segment cares for Austrian and international private banking clients, as well as institutional and investment fund clients.

History

Liechtensteinische Landesbank Aktiengesellschaft was founded in 1861.