Moody's confirms LLB's Aa2 rating / outlook stable
Vaduz, 5 December 2019. The rating agency Moody's has again awarded its bank deposit rating of Aa2 to the Liechtensteinische Landesbank AG (LLB), with a stable outlook. This confirms the LLB's excellent creditworthiness.
With a Moody's bank deposit rating of Aa2, the Liechtensteinische Landesbank is in the top league of Liechtenstein and Swiss banks and is one of the banks with the highest ratings in the world. The LLB's issuer rating of Aa3 is also very positive. The agency's rating outlook for the LLB is stable.
Moody's praises the solid fundamental financial data of the LLB Group, especially its strong capital resources and its good liquidity and refinancing situation.
The full rating report is published on the Moody's website and is available for download from the LLB website at www.llb.li/rating.
The Liechtensteinische Landesbank AG (LLB) is the longest established financial institute in the Principality of Liechtenstein. The Principality of Liechtenstein holds the majority of the company's share capital. The LLB's shares are listed on the SIX (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 1'077 employees (full-time equivalent positions), the LLB Group is represented in Liechtenstein, Switzerland, Austria, and the United Arab Emirates (Abu Dhabi and Dubai). As per 31 December 2019, the LLB Group managed a business volume of CHF 89 billion.
- 12 March 2020, Presentation of the 2019 Annual Result
- 8 May 2020, 28th Ordinary General Meeting of Shareholders
- 25 August 2020, 2020 Interim Financial Statement
Dr. Cyrill Sele
Head of Group Corporate Communications & General Secretary
Telephone +423 236 80 99