Banks in Liechtenstein
There are 15 licensed banks in Liechtenstein. The Banks primarily focus on private banking and wealth management. As of March 2017, the assets under the management (AUM) of Liechtenstein banks amounted to over US$230 billion.
Bank Alpinum AG – A Liechtenstein-based independent private bank headquartered in Vaduz. As of June 2017, it had CHF 333.3 million in total assets. It no longer appears among the member banks of the Liechtenstein Bankers Association and its website is no longer reachable.
Bank Frick & Co. AG, founded in 1998 by Kuno Frick, is a family-run bank headquartered in Balzers with branches in London and Dubai. It is owned by the Frick family and focuses on private banking, digital banking, institutional banking and fund services. In 2018 it became the first bank in Europe to offer professional trading and custody of leading cryptocurrencies in a regulated banking environment.
Bank Vontobel (Liechtenstein) AG, headquartered in Vaduz, was a subsidiary of Vontobel Holding AG, a Swiss private bank specializing in wealth and asset management. It no longer appears among the member banks of the Liechtenstein Bankers Association, and its entry in the Global LEI Index is marked inactive with its Legal Entity Identifier retired.
Banking Circle (Liechtenstein) AG, headquartered in Ruggell, has held a banking license since July 2024 and provides direct clearing in Swiss francs for cross-border payments.
Banque Pasche (Liechtenstein) was acquired by Banque Havilland and renamed Banque Havilland (Liechtenstein) AG in 2014. On July 26, 2024, its shareholder decided to cease business in Liechtenstein and Switzerland, including the Zurich branch; the bank renounced its Liechtenstein and Swiss banking licenses and entered voluntary liquidation, with KPMG (Liechtenstein) AG as liquidator and Marc Arand and Jean-François Willems as co-liquidators.
Bendura Bank AG (formerly Valartis Bank (Liechtenstein) AG) was established in 1998 and operates as a subsidiary of Citychamp Watch & Jewellery Group, a Hong Kong company.
Celsion Bank AG, headquartered in Vaduz, combines conventional banking with digital-asset services including trading, custody and staking. It has held a banking license since February 2026 and became a full member of the Liechtenstein Bankers Association on July 1, 2026.
Centrum Bank AG, established in 1993, was a private bank controlled by Marxer & Partner, the oldest and largest law firm in Liechtenstein. It was acquired by VP Bank Group in 2015 and integrated into VP Bank; it no longer operates as a separate bank.
EFG Bank von Ernst AG was founded in 1869 and operates as a subsidiary of EFG International, a private banking group based in Zurich, Switzerland.
Kaiser Partner Privatbank AG is a subsidiary of Kaiser Ritter Partner Holding Anstalt, a wealth management company.
LGT Bank AG is the largest bank in Liechtenstein and part of LGT Group, the international private banking and asset management group owned by the Princely Family of Liechtenstein. LGT Group operates from more than 40 locations across Europe, the Middle East and Asia Pacific. As of December 31, 2025, LGT Bank had CHF 386.1 billion in assets under management; LGT Group reported CHF 412.6 billion as of June 30, 2026, the highest level in its history.
Liechtensteinische Landesbank AG (LLB), established in 1861, is the oldest bank in Liechtenstein and provides private and corporate banking services. In December 2017, it acquired Semper Constantia Privatbank AG, one of the leading private banks in Austria. As of December 31, 2025, LLB had a balance sheet total of CHF 18.7 billion and LLB Group had CHF 108.9 billion in assets under management.
Neue Bank AG is a classic private serving local and international clients. It was established in 1992 and is headquartered in Vaduz.
Raiffeisen Privatbank Liechtenstein AG, established in 1998, provided a wide range of services for external asset managers from Vaduz. The Hong Kong-based Mason Group Holdings announced its acquisition in October 2017 and completed it in 2018, after which the bank was renamed Mason Privatbank Liechtenstein AG. Its shareholder resolved on a voluntary liquidation in March 2021 and the bank renounced its Liechtenstein banking license; it does not appear among the member banks of the Liechtenstein Bankers Association.
SIGMA Bank AG, headquartered in Schaan, is a universal bank with an emphasis on private banking. It is the former Volksbank AG (Liechtenstein).
Union Bank AG provided a wide range of banking services to corporates, high net worth individuals, hedge funds and institutions, and was a member of Liechtenstein’s Investor Compensation Scheme. It no longer appears among the member banks of the Liechtenstein Bankers Association, and its entry in the Global LEI Index is marked inactive with its Legal Entity Identifier retired.
Volksbank AG (Liechtenstein), based in Schaan, provided a wide range of banking and asset management services. It was acquired by SIGMA Kreditbank AG and renamed SIGMA Bank AG, under which name the business continues.
VP Bank AG (formerly Verwaltungs-und Privat-Bank AG) is one of the largest banks in Liechtenstein with about 800 employees and US$43 billion in total assets under administration. The Bank’s shares are listed on SIX Swiss Exchange.
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