Liechtensteinische Landesbank earns top rating in wealth management comparative test

Liechtensteinische Landesbank (LLB) has achieved a top rating of "Very good" in a recent independent comparative test conducted by Fuchsbriefe-Verlag. This recognition places LLB sixth among all banks evaluated across Germany, Austria, Switzerland, and Liechtenstein in the "TOPS 2025" rankings.

Commitment to Excellence in Service Delivery

LLB"s advisors were praised for their competence, attentiveness, and ability to match clients with suitable financial products. This positive feedback underscores LLB"s dedication to understanding and addressing the unique needs of its clientele, a crucial factor in the competitive landscape of wealth management.

Recognition in the Financial Sector

In this year"s assessment, LLB stood out among eight banks that received a gold ranking, further solidifying its reputation in the financial sector. The bank also achieved first place among private banking providers in Liechtenstein and fourth among those in Austria. This performance reflects LLB"s strategic focus on delivering high-quality private banking and asset management services to a diverse range of clients.

Competing Effectively Against Larger Institutions

The evaluation involved a total of 70 wealth management providers in German-speaking countries, showcasing LLB"s ability to compete effectively against larger institutions. The bank"s strong showing in the rankings is indicative of its robust service model and the expertise of its advisors, who are well-equipped to navigate the complexities of wealth management in today"s financial environment.

Legacy of Trust and Expertise

Liechtensteinische Landesbank AG, the longest-standing financial institution in the Principality of Liechtenstein, has built a legacy of trust and expertise over the years. The majority ownership by the Principality of Liechtenstein further enhances its credibility and stability in the financial market. LLB"s shares are listed on the SIX Swiss Exchange under the symbol LLBN, providing transparency and accessibility to investors.

Global Presence and Comprehensive Services

With a workforce of 1,261 full-time employees, LLB operates across multiple jurisdictions, including Liechtenstein, Switzerland, Austria, Germany, and the United Arab Emirates. This international presence allows the bank to offer a comprehensive suite of wealth management services tailored to meet the diverse needs of its global clientele.

Strong Market Position and Commitment to Sustainability

As of June 30, 2024, the business volume of the LLB Group reached CHF 109.9 billion, reflecting its strong market position and the trust placed in it by clients. The bank"s commitment to sustainability and responsible banking practices is also evident in its corporate communications strategy, which emphasizes transparency and client engagement.

Upcoming Events and Future Initiatives

Looking ahead, stakeholders can anticipate the presentation of the 2024 business results on February 21, 2025, providing insights into the bank"s performance and strategic direction. The 33rd ordinary General Meeting of Shareholders will take place on April 16, 2025, allowing shareholders to engage with the bank"s leadership and discuss future initiatives.

These events are crucial for maintaining open lines of communication with stakeholders and reinforcing LLB"s commitment to transparency and accountability. As the financial landscape evolves, LLB remains poised to adapt and thrive, leveraging its expertise and client-centric approach to navigate the challenges and opportunities ahead.

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