Advance information on the interim financial report 2017
Vaduz, 20 July 2017. The LLB Group expects an interim net profit of CHF 60 million (+ 39 %) for the first half of 2017. The business volume rose by CHF 2 billion to CHF 60 billion.
LLB Group posts a very pleasing interim business result
Operating income increased by 22 percent to CHF 190 million (first half 2016: CHF 155.1 million). Operating expenses stood at CHF 116 million (first half 2016: CHF 108.5 million). The LLB Group expects to achieve an interim net profit of CHF 60 million compared with CHF 43.0 million in the previous year.
The business volume per 30 June 2017 grew from CHF 58.0 billion at the end of 2016 to CHF 59.9 billion. Loans to customers rose in the first half of 2017 from CHF 11.5 billion to CHF 11.7 billion, client assets under management from CHF 46.4 billion to CHF 48.2 billion. The net new money inflow amounted to CHF 731 million.
These figures have not yet been audited. The LLB Group will publish its consolidated interim financial report with the detailed information on 24 August 2017.
Brief portrait
Liechtensteinische Landesbank AG (LLB) is the longest established financial institute in the Principality of Liechtenstein. The majority of the company’s share capital is held by the Principality of Liechtenstein. LLB’s shares are listed on the SIX Swiss Exchange (symbol: LLBN). The LLB Group offers its clients comprehensive wealth management services as a universal bank, in private banking, asset management and fund services. With 1'523 employees, LLB is represented in Liechtenstein, Switzerland, Austria, Germany, Dubai and Abu Dhabi. As per 31 December 2025, the business volume of the LLB Group stood at CHF 125.9 billion.
Liechtensteinische Landesbank (Österreich) AG is one of the leading asset management banks in Austria with over EUR 32 billion in assets under management (as of 31 December 2023) and more than 230 employees. As a wholly-owned subsidiary of Liechtensteinische Landesbank AG (LLB), Vaduz, LLB (Österreich) AG also benefits from the stability and excellent credit rating of its owner and can draw on the more than 160 years of experience of the longest-established financial institution in the Principality of Liechtenstein. Austria has been one of the LLB Group’s three declared home markets since 2009, in addition to Liechtenstein and Switzerland.
LLB Group dates for your diary
- 19 April 2024, 32nd ordinary General Meeting of Shareholders
- 26 August 2024, presentation of 2024 interim business result
Contact
Liechtensteinische Landesbank (Österreich) AG
Theresa Böhler
Head Marketing & Communications
Telephone +43 1 536 16-222
Internet www.llb.at