LGT media release Mar 18, 2019

Vaduz, 18 March 2019. LGT, the international private banking and asset management group owned by the Princely House of Liechtenstein, reported further profitable growth and a substantial rise in group profit of 11% to CHF 314.1 million for the 2018 financial year. The results attest to LGT’s broad earnings base, which is particularly beneficial in a challenging market environment, and its disciplined cost management with prudent investments. Net asset inflows were solid at CHF 6.8 billion. Assets under management decreased 2% to CHF 198.2 billion due to market and currency effects. With the recent opening of a new Private Banking location in Bangkok, LGT aims to build out its established position in the Asian market and further increase its presence in growth markets. 

For more information, please see the attached media release.