Liechtensteinische Landesbank AG: directors' dealings · Switzerland · SIX SER

About Liechtensteinische Landesbank AG

Liechtensteinische Landesbank AG (LLB) is a universal banking group listed on the SIX Swiss Exchange (SMI/SPI) in Switzerland, and the share is also tracked under the ticker LLS1.HM. The institution was founded in 1861 and entered into the Commercial Register of the Principality of Liechtenstein in 1926. Headquartered in Vaduz, LLB is one of the oldest and most established financial institutions in Liechtenstein, with a long-standing franchise built around client proximity, prudence, and regional expertise. ([llb.li](https://llb.li/en/llb/about-us/our-structure/organisation?utm_source=openai)) LLB’s business model is organised into two core divisions: Retail & Corporate Banking and International Wealth Management. Retail & Corporate Banking serves locally oriented private and business clients with lending, deposit, payments, and advisory services, while International Wealth Management focuses on Austrian and international private banking clients, as well as institutional and investment fund clients. This two-pillar structure makes LLB a diversified financial institution rather than a pure private bank, and it underpins its positioning as a full-service provider with particular strength in private banking and institutional business. The group’s platform also includes asset management and fund-service capabilities through entities such as LLB Asset Management, LLB Fund Services, and LLB Swiss Investment in Zurich. ([llb.li](https://llb.li/en/llb/about-us/our-structure/organisation?utm_source=openai)) Geographically, LLB is anchored in Liechtenstein and Switzerland but has expanded across the wider German-speaking market, with additional growth ambitions in Central and Eastern Europe and the Middle East. The group has stated that it operates in Liechtenstein, Switzerland, Austria, Germany, Dubai, and Abu Dhabi. This footprint allows LLB to combine a stable domestic deposit and lending base with cross-border wealth management and fund-related activity, which is strategically important for revenue diversification. ([llb.li](https://llb.li/en/llb/about-us/our-structure/organisation?utm_source=openai)) From a competitive standpoint, LLB stands out for its conservative risk culture, strong capitalization, and well-balanced income mix. In 2025, the group surpassed CHF 125 billion in business volume for the first time, with CHF 108.9 billion in assets under management and a Tier 1 ratio of 19.0%. The cost/income ratio of 67.0% indicates a bank that is profitable but still operating in a competitive environment where efficiency remains important. These figures support the view that LLB occupies a solid mid-sized position in the Swiss/Liechtenstein banking landscape, with a reputation for resilience rather than high-beta growth. ([reports.llb.li](https://reports.llb.li/2025/ar/en/?utm_source=openai)) Recent highlights include the continued execution of the ACT-26 strategy, the 2025 annual results, and the integration of ZKB Österreich, which contributed to both business volume growth and one-off integration costs. In early 2026, LLB and LGT announced the creation of the Liechtensteinisches Pfandbriefinstitut, a new covered-bond platform designed to deepen the domestic capital market infrastructure. In addition, Moody’s upgraded LLB’s deposit rating to Aa1 in April 2026, and the group successfully placed a CHF 200 million senior preferred bond in March 2026. Taken together, these developments reinforce LLB’s profile as a stable, capital-strong banking franchise with a growing regional and international wealth-management presence. ([llb.li](https://llb.li/en/llb/media/media-communiques/media-communiques/2026/mm-13012026?utm_source=openai))