Welcome to the
LLB Online Report 2019
The LLB Group has set a profitable course – as a bank for people and business, as an investment fund powerhouse and as an asset management specialist in Liechtenstein, Switzerland and Austria.
Four letters from the Greek alphabet inspired us to link the 2019 Annual Report with four principles, which we want to utilise to show the way:
α stands for returns, η for effect, σ for efficiency, μ for expectation.Profitability
The Greek letter «My» stands for expectation. For us, 2019 was a year that exceeded our expectations. In fact, in its almost 160-year history our banking Group has never been so robust.Roland Matt, Group CEO
Financial statement+44.9 % Net profit+13.3 % Operating income70.0 % Cost-Income-Ratio
Assets under managementCHF 89.3 billion Business volume+0.8 % LoansCHF 76.3 billion Assets under management
Society and the environment
LLB shareCHF 2.20 Dividends3.5 % Dividend yield+0.2 % Total return
Financial security and stability
As a partner of the Principality of Liechtenstein and of society and business, the LLB Group is committed to bequeathing the coming generations, as far as possible, an intact environment and stable social conditions. We take this responsibility very seriously.Roland Matt, Group CEO and Georg Wohlwend, Chairman of the Board of Directors
Pursuant to Art. 1129 PGR, it is pointed out that this publication only represents an extract of the Annual Report 2019 of Liechtensteinische Landesbank AG and does not constitute a publication within the meaning of the Liechtenstein Banking Law. The audit report has been issued without reservation and the General Meeting of Shareholders is recommended to approve the annual financial statement. They have not yet been submitted to the Office of Justice under the registration number FL‑0001.000.289‑1. The complete business report can be inspected from 10 April 2020 at Liechtensteinische Landesbank AG, Städtle 44, 9490 Vaduz, or obtained in printed form free of charge.