Liechtenstein – Financial center

competent

secure

personal

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Liechtenstein – Financial services
banks trust companies insurance companies investment funds

Nearly one quarter of employees in the 3rd sector work in banks, insurance companies, and trust companies (14.3% of total employment). Operating in Liechtenstein are: - 15 banks (some of which are subsidiaries of international institutes) - 405 asset managers and trust companies - 30 Liechtenstein insurance companies - 17 fund management companies with 300 investment funds - 9 investment companies

Liechtenstein – Financial center

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Liechtenstein – Financial services
banks trust companies insurance companies investment funds

7.0% of employees work in the banking and insurance sector, 7.3% of employees work in trust companies and law offices. Liechtenstein banks managed client assets in the amount of 107 billion Swiss francs as of the end of 2004. In comparison: Swiss banks managed client assets in the amount of 3,000 billion Swiss francs as of the end of 2003. The balance sheet total was 34 billion Swiss francs as of the end of 2004. The assets in Liechtenstein investment funds currently amount to 20 billion Swiss francs.

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Liechtenstein – The financial service provider associations
ICQM Foundation – Institute for Compliance and Quality Management Joint platform of the financial service providers Business associations: - Bankers’ Association - Association of Professional Trustees - Investment Fund Association - Independent Asset Managers - Insurance Association - Association of Auditors

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Liechtenstein – The financial service provider associations
ICQM Foundation Sustainable management of the quality of services in the Liechtenstein financial center Representation of the interests of financial service providers in Liechtenstein and abroad First initiative: Establishment of ICQM (Institute for Compliance and Quality Management) at the Liechtenstein University of Applied Sciences, to ensure harmonized training in compliance and due diligence Continuing education in areas of expertise.

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Liechtenstein – Liechtenstein banks in figures
three-year-comparison

In million Swiss francs Balance sheet total Annual profits Capital funds Client assets under management Staff at year end

31 Dec 2004 34,200.00 420.00 4,000.00 107,000.00 1,500

31 Dec 2003 34,900.00 330.00 4,000.00 103,000.00 1,500

31 Dec 2002 32,700.00 250.00 4,000.00 96,000.00 1,700

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Liechtenstein – Balance sheet total of Liechtenstein banks
Development in the last ten years (source: Liechtenstein Bankers‘ Association)
40000 35000 30000 25000 Mio Swiss Francs 20000 15000 10000 5000 0
1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004

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Liechtenstein – Banking center
competent secure personal

Liechtenstein – Financial center

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Liechtenstein – Banking center
competent secure personal

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Information Multimedia CD ROM
Version 2.1 – February 2006: sources Statistical data (correct as of): Office of Economic Affairs (2004) Liechtenstein Chamber of Commerce and Industry (2004) Photographs courtesy of: Liechtenstein Press and Information Office Liechtenstein Tourism Liechtenstein Chamber of Commerce and Industry (LIHK) various Liechtenstein enterprises, organizations, and individuals exchange rates legal notice

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Information Multimedia CD ROM
Version 2.1 – February 2006: sources Exchange rates (approx.): 1 Swiss franc = € 0.65 1 Swiss franc = $ 0.80 Legal notice: Image Liechtenstein does not assume any responsibility or guarantee for the accuracy of the information or data provided or that such information or data are up to date. Liability of Image Liechtenstein relating to material or non-material damage arising from use of the information provided is excluded. exchange rates legal notice