Media communiqués

Liechtensteinische Landesbank (Österreich) AG: Historic record high of EUR 33 billion in client assets in 2021

Vienna, 25 May 2022: Liechtensteinische Landesbank (Österreich) AG continued its fast-paced growth in 2021. In 2021 client assets under management grew by 26 per cent, reaching a new record high of EUR 33 billion. The bank has thereby proved once again that it is Austria's leading asset management bank. In other developments, Iris Ortner, shareholder and managing director of IGO Industries, has been appointed to the Supervisory Board of LLB Österreich as a new member.

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LLB Immo KAG purchases the redeveloped TLAPA building in Favoriten, Vienna's 10th district

Vienna, 30 March 2022. LLB Immo Kapitalanlagegesellschaft m.b.H has once again expanded its portfolio and purchased the redeveloped TLAPA building from Vermehrt Group.

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In 2021 LLB Immo KAG saw another record letting rate and further expanded its asset management division

Vienna, 16 March 2022. In spite of the still challenging economic environment LLB Immo KAG managed to outperform the previous year's record rate, increasing the letting results for managed real estate funds by 80%.

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LLB Österreich: Sustainable emerging markets bond fund launched

Vienna, 12 May 2021. LLB’s Anleihen Schwellenländer hard currency fund has been successfully investing in debt instruments from emerging market issuers for decades. Now, the well-established portfolio has been made fit for ESG, making it one of only a few sustainable offers with a long-term successful track record in emerging markets. The FMA approved the adaptations made to the fund rules to accommodate sustainability criteria as per 10 May 2021.

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LLB Österreich plans branch in Salzburg

Vienna, 7 May 2021. The Austrian Federal Competition Authority has approved the deal to refer private banking clients of the Austrian branch of Credit Suisse (Luxembourg) S.A. to Liechtensteinische Landesbank (Österreich) AG without conditions.

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