LLB (Österreich) AG achieves record profit

Vienna, 25 June 2018. The Liechtensteinische Landesbank (Österreich) AG continued its successful growth path in 2017, achieving a gratifying annual profit.

LLB Österreich closed its fiscal year very successfully, posting a record annual net profit of EUR 3.9 million. This was a 100% increase over the previous year. Thanks to gratifying growth figures and good performance, business volume also increased again, reaching an all-time high of EUR 2.55 billion at the end of 2017.

Robert Löw, Chairman of the Board of Management of LLB Österreich, drew attention to several positive developments: "Under challenging market conditions, our bank developed extremely well in 2017 and also had a successful start to the new year. It is of particular note that we not only achieved growth in the year under review, but also increased our profitability and clearly exceeded our targets for the year."

As part of the LLB Group's StepUp2020 strategy, we are continuing to expand business activities in our home market of Austria. The parent company of LLB Österreich, the Liechtensteinische Landesbank AG (LLB), is facing a historic step with its subsidiary. As announced in December 2017, the parent company is set to acquire 100% of Semper Constantia Privatbank AG, headquartered in Vienna, next month. A merger of Semper Constantia with LLB Österreich is then planned, resulting in the Liechtensteinische Landesbank (Österreich) AG.

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 and Germany. 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.