Excellent Moody's rating for Liechtensteinische Landesbank

Vaduz, 29 April 2016. The Moody's rating agency assigns a bank deposit rating of Aa2 to Liechtensteinische Landesbank AG (LLB). The outlook is stable. This reflects LLB's excellent credit quality.

With a Moody's bank deposit rating of Aa2, the Liechtensteinische Landesbank is in the top league of Liechtenstein and Swiss banks, far above the average of European financial institutions. The agency's rating outlook for the LLB is "stable". The LLB's issuer rating of Aa3 is also very positive.

For the first time, the LLB has submitted to Moody's external credit assessment. The rating agency praises the solid fundamental financial data of LLB, especially the strong capital resources and the good liquidity and refinancing situation. The rating also takes account of the stable market environment in Liechtenstein and Switzerland.

According to Roland Matt, Group CEO of the LLB: "The external rating by Moody's creates additional transparency for our clients and all market participants. The excellent result reflects the stability and financial strength of the LLB Group, improves our capital market capacity, and opens up new circles of investors. The Moody's rating strengthens the profile of the LLB Group compared with our competitors and supports the implementation of our StepUp2020 strategy."

The full rating report will be published on the Moody's website and subsequently also made available on the LLB website: www.llb.li/rating

Important dates

  • Wednesday, 4 May 2016, 24th Ordinary General Meeting of Shareholders
  • Thursday, 25 August 2016, 2016 Interim Financial Statement
  • Thursday, 9 March 2017, Presentation of the 2016 Annual Results


20160429_MC_LLB_Rating



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