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.