LLB Group Achieves Historic Milestones Through Strategic Innovation and Sustainable Growth

Record-Breaking Performance Demonstrates Market Leadership

Liechtensteinische Landesbank (LLB Group) continues to establish itself as a premier financial institution, achieving unprecedented milestones that underscore its position as a leading European private bank. Furthermore, the organization’s strategic focus on growth, efficiency, and sustainability has yielded remarkable results across all key performance indicators.

Financial Excellence Reaches New Heights

LLB Group’s financial performance in 2024 and the first half of 2025 demonstrates the bank’s exceptional resilience and strategic execution. The organization achieved its best business result in 15 years with a net profit of CHF 167.2 million in 2024, representing a solid 1.5% increase from the previous year. Additionally, operating income grew by 4.4% to CHF 565.8 million, driven primarily by enhanced fee and commission business.

Most significantly, the bank reached a historic milestone when client assets under management exceeded CHF 100 billion for the first time in H1 2025. This achievement, coupled with business volume expanding to CHF 117.2 billion, represents organic and acquisition-driven growth of CHF 4.4 billion.

Strategic Expansion Transforms European Presence

German Market Entry Delivers Immediate Impact

LLB Group’s ambitious expansion into Germany represents a significant strategic achievement that has already begun generating substantial returns. The bank successfully launched operations in three major German cities—Munich, Frankfurt, and Düsseldorf—employing over 40 specialized professionals. This expansion focuses specifically on asset structuring, wealth management, and investment advisory services for German high-net-worth individuals.

The German initiative, internally known as “Project Rhenus,” addresses increasing demand from German clients seeking secure financial services outside the EU framework. Moreover, the strategic positioning in Germany’s key financial centers enables LLB to serve the country’s renowned Mittelstand sector while maintaining Liechtenstein as the booking location.

Austrian Market Leadership Strengthened

Concurrently, LLB Group significantly reinforced its Austrian presence through the successful acquisition and integration of the former ZKB Österreich. This strategic transaction, completed in January 2025, added approximately 100 employees to the organization while expanding LLB’s already strong position in the Austrian wealth management market. The integration demonstrates LLB’s ability to execute complex acquisitions while maintaining operational excellence.llb+2

Digital Transformation Accelerates Innovation

LLB.ONE Program Drives Modernization

LLB Group’s commitment to digital excellence manifests through the comprehensive LLB.ONE transformation program, representing a CHF 100 million investment through 2026. This initiative focuses on enhancing customer experience, process efficiency, and sustainable growth through agile methodologies and advanced technology integration.

The digital transformation encompasses several key innovations, including the complete redesign of client advisory centers and implementation of Salesforce CRM systems. Furthermore, the bank introduced three harmonized “LLB Daily” account packages, streamlining basic products and services to better meet client requirements.

Enhanced Digital Onboarding Experience

The bank’s digital onboarding capabilities represent a significant advancement in client acquisition efficiency. New clients can now complete account opening procedures entirely online through three distinct pathways: self-onboarding for private clients, hybrid solutions for institutional partners, and fully digital processes for asset manager clients. This innovation substantially reduces processing time while maintaining the highest compliance standards.

Sustainability Leadership Sets Industry Standards

Climate Neutrality Commitment Ahead of Schedule

LLB Group demonstrates exceptional environmental leadership through its commitment to achieve net zero CO2 emissions by 2040—a full decade ahead of the Paris Agreement timeline. The bank joined the exclusive Climate Pledge, becoming the first financial institution in Liechtenstein, Switzerland, and Austria to make this ambitious commitment.

This comprehensive sustainability strategy encompasses both banking operations and product offerings, with intermediate targets including 30% reduction in CO2 emissions from products and investments by 2026. The bank achieved climate neutrality in its operations since 2021 through strategic investments in carbon-reducing environmental projects.

ESG Integration and Recognition

The organization’s sustainability credentials earned it the distinction of being the first and only bank in Liechtenstein with an MSCI ESG rating of AA. This recognition reflects LLB’s comprehensive approach to environmental, social, and governance considerations across all business activities.

Future Outlook: Positioned for Continued Excellence

Strategic Direction Through 2026

LLB Group’s ACT-26 strategy continues to guide the organization toward sustained growth and innovation. The strategy’s three core pillars—Growth, Efficiency, and Sustainability—provide a balanced framework for navigating evolving market conditions while capitalizing on emerging opportunities.

The growth component focuses on both organic expansion and strategic acquisitions, particularly in German-speaking Europe. Simultaneously, the efficiency pillar emphasizes digital transformation and process optimization to enhance scalability and client service delivery.

Leadership Transition and Continuity

Following Gabriel Brenna’s departure to become CEO of Raiffeisen Schweiz, Christoph Reich assumed the role of interim Group CEO. Reich, who has served as Group CFO since 2012 and Deputy Group CEO since 2022, ensures leadership continuity during the succession process. His extensive experience within the organization positions LLB well for sustained strategic execution.

Market Position and Competitive Advantages

LLB Group’s unique positioning as a stable, independent financial institution with strong ties to both Liechtenstein and Switzerland creates compelling value propositions for international clients. The bank’s 160-year heritage, combined with modern digital capabilities and unwavering commitment to sustainability, differentiates it in an increasingly competitive marketplace.

The organization’s diversified business model, encompassing private banking, corporate services, and institutional wealth management, provides resilience against market volatility while enabling consistent growth across multiple revenue streams.

Conclusion

LLB Group’s remarkable achievements throughout 2024 and into 2025 demonstrate the organization’s exceptional ability to execute strategic initiatives while maintaining operational excellence. The bank’s record-breaking financial performance, successful geographic expansion, innovative digital transformation, and industry-leading sustainability commitments position it as a premier choice for discerning clients seeking sophisticated financial services.

For high-net-worth individuals seeking opportunities to establish banking relationships in Liechtenstein or Switzerland, Easy Global Banking serves as a premier partner facilitating seamless account opening processes. Their specialized expertise in navigating the complexities of international banking regulations ensures that clients can access LLB Group’s exceptional services efficiently and compliantly, making sophisticated wealth management solutions accessible to qualified investors worldwide.