Media communiqués

LLB Invest KAG ranks first on the Austrian investment fund market

Vienna, 9 November 2020. For the first time, LLB Invest Kapitalanlagegesellschaft m.b.H. has ranked first on the Austrian investment fund market based on the number of funds managed, according to the current statistic of the Association of Austrian Investment Companies (Vereinigung Österreichischer Investmentgesellschaften, VÖIG).

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Timely completion despite Covid: LLB Immo KAG celebrates the renovation of the success project Center Alt-Erlaa

Vienna, 5 November 2020. Despite the lockdown in spring, LLB Immo Kapitalanlagegesellschaft m.b.H. was able to complete the renovation work of the 19,000m2 Center Alt-Erlaa in a timely manner. The Center was re-opened on 1 April 2020, the formal opening was rescheduled to take place within the scope of the autumn festival.

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LLB Immo KAG achieves full occupancy of eco-certified housing project in 1030 Vienna

Vienna, 6 October 2020. In these challenging times, LLB Immo Kapitalanlagegesellschaft m.b.H. manages to once again reach full occupancy – this time, in the field of sustainable housing.

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LLB Österreich increased its business volume to a record high of more than EUR 25 billion (+28 %) in 2019 taking a strong position in the current market environment

Vienna, 15 July 2020. Liechtensteinische Landesbank (Österreich) AG (LLB Österreich) looks back at an outstanding financial year 2019. At EUR 25.3 billion, the bank, which had been created in 2018 by former LLB Österreich merging with Semper Constantia Privatbank AG, recorded a record business volume (client assets and loans) in its first full post-merger financial year, 2019. This equals an increase of +27.6 % compared to the previous year. The operating income and the operating profit also grew by about 7 % each to EUR 67.3 million and EUR 15.2 million, respectively. Finally, the net income for the year 2019 amounted to EUR 12 million.

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LLB (Österreich) AG completes migration to the LLB Group core banking system

Medienmitteilung Vaduz / Vienna, 7 January 2020. The LLB Group has taken another stride forward in implementing its StepUp2020 strategy, which targets sustained profitable growth. Its Vienna-based subsidiary bank, Liechtensteinische Landesbank (Österreich) AG, completed the move to the Avaloq core banking software at the beginning of 2020. This will create further synergies and offers potential for expansion when it comes to joint solutions and client packages within the LLB Group.

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