LLB (Österreich) AG achieves gratifying annual result

Vienna, 1 June 2017. The Liechtensteinische Landesbank (Österreich) AG continued its growth path in 2016 and achieved a gratifying annual result.

LLB Österreich brought the business year to a successful end with a gratifying annual profit of EUR 1.9 million, a gain of 65 % over the previous year.

In the assessment of Robert Löw, Chairman of the Management Board of LLB Österreich, the result was positive in many ways: "Even given the challenging market conditions, our bank developed very successfully in 2016. With numerous new clients, LLB Österreich increased assets under management by 20 %. Of special note is that in addition to achieving growth, we also increased our profitability and exceeded our targets for 2016."

As part of the LLB Group's StepUp2020 strategy, LLB Österreich continues to plan a significant expansion of business activities in the coming years.

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.