LLB acquires Zürcher Kantonalbank Österreich AG
Vienna, 2 July 2024. Liechtensteinische Landesbank AG (LLB) has signed a purchase agreement to acquire 100 per cent of the shares of Zürcher Kantonalbank Österreich AG, with locations in Salzburg and Vienna. This transaction aligns with the LLB Group’s strategy and will see it increase its business volume by around CHF 3 billion. LLB Austria is thus further expanding its position as one of the leading asset management banks in the country.
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