VADUZ

LLB General Meeting 2024 – shareholders approve all motions

Retrieved on: 
Friday, May 3, 2024
Internet, KPMG, Investment, Treasury, State, Management, Mass meeting, Motion, Speech, LLB, Tax, CHF, Bank statement, Growth, SIX Swiss Exchange

The shareholders of Liechtensteinische Landesbank AG (LLB) approved all motions put forward by the Board of Directors at the 32nd General Meeting of Shareholders.

Key Points: 
  • The shareholders of Liechtensteinische Landesbank AG (LLB) approved all motions put forward by the Board of Directors at the 32nd General Meeting of Shareholders.
  • In addition, the LLB shareholders also discharged the Board of Directors, the Board of Management and the independent auditor KPMG Liechtenstein AG.
  • Furthermore, KPMG was elected for a further year as independent auditor and Group auditor of the LLB Group.
  • The shareholders approved the proposal of the Board of Directors for the appropriation of the 2023 net profit of CHF 102,706,545.05.

Andreas Gerber to join LLB Group Executive Management

Retrieved on: 
Wednesday, April 10, 2024
SVC, Retail, Education, LLB, AG, Business, Business administration, Executive, Knowledge, FMA, SFI, Tuck School of Business, Internet, Dartmouth College, SIX Swiss Exchange, Credit Suisse, Head, Urs, SME

März 2024 - The Board of Directors of Liechtensteinische Landesbank (LLB) has appointed Andreas Gerber as a new member of the Group Executive Management and Head of the Retail & Corporate Banking division, subject to approval by the competent supervisory authority.

Key Points: 
  • März 2024 - The Board of Directors of Liechtensteinische Landesbank (LLB) has appointed Andreas Gerber as a new member of the Group Executive Management and Head of the Retail & Corporate Banking division, subject to approval by the competent supervisory authority.
  • With his profound expertise, his loyalty to the LLB Group and his exemplary commitment to LLB values, he has made a significant contribution to the success of the LLB Group.
  • On behalf of my colleagues in Group Executive Management, I would like to thank Urs for everything he has done for the LLB Group and for the wonderful time we spent together.”
    Georg Wohlwend, Chairman of the Group Board of Directors, is very pleased with the appointment of Andreas Gerber as the successor to Urs Müller: “In Andreas Gerber, we have been able to recruit a proven banking expert and experienced manager for the LLB Group.
  • I am very much looking forward to continuing to drive forward the development of the LLB Group as a member of the Group Executive Management and working with all employees.

Successful Inaugural Trading Session on ARTEX Stock Exchange

Retrieved on: 
Saturday, March 9, 2024
EUR, Music

ARTEX MTF, the exchange for art shares trading, is pleased to announce the successful first trading session.

Key Points: 
  • ARTEX MTF, the exchange for art shares trading, is pleased to announce the successful first trading session.
  • This first short session marked a historical shift in art investment and the financial market.
  • Shares opened at EUR 92.20 and closed at EUR 95.00, representing an increase of 3.04%.The successful trading session underscores the potential for art shares to become an important asset class, offering investors a new avenue for diversification.
  • With the completion of this first session, the journey towards art democratisation is firmly underway.

LCX Releases V3 Regulated Crypto Exchange

Retrieved on: 
Thursday, November 30, 2023
Crypto, Android, LCX, API, IOS, Cryptocurrency

Vaduz, Liechtenstein , Nov. 30, 2023 (GLOBE NEWSWIRE) -- LCX, one of the leading regulated digital asset exchanges in Europe, announced today the release of its V3 crypto exchange.

Key Points: 
  • Vaduz, Liechtenstein , Nov. 30, 2023 (GLOBE NEWSWIRE) -- LCX, one of the leading regulated digital asset exchanges in Europe, announced today the release of its V3 crypto exchange.
  • "The unveiling of V3 marks a significant milestone in the evolution of LCX,” said Monty Metzger, CEO & Founder of LCX.
  • Alongside the web, LCX Mobile on Android and iOS have also been rolled out and upgraded to LCX V3.
  • Furthermore, the V3 upgrade is a strategic step at LCX to become MiCAR ready, positioning LCX at the forefront of regulatory compliance.

LLB Group with substantially higher profit

Retrieved on: 
Thursday, August 24, 2023
Growth, CHF, Investment, LLB, Bank, Cryptocurrency

In the first half year of 2023 the LLB Group again increased profit.

Key Points: 
  • In the first half year of 2023 the LLB Group again increased profit.
  • The LLB Group is investing in further growth.
  • At CHF 88.7 million (+16.8 %), Group net profit substantially exceeded the previous year’s level.
  • Here the LLB Group benefitted from the rise in interest rates, as reflected in interest income, but especially in trading income.

Interim Financial Statement 2023 and Webcast / Conference Call

Retrieved on: 
Friday, August 11, 2023
Webcast, Cryptocurrency, Interior design

On Thursday, 24 August 2023, the LLB Group will present its business results for the first half of 2023.

Key Points: 
  • On Thursday, 24 August 2023, the LLB Group will present its business results for the first half of 2023.
  • The interim financial results will be announced in a media communiqué at 7 a.m.
  • The media communiqué and the interim financial statement will be published simultaneously on the website www.llb.li.
  • At 10.30 a.m. on the same day, a webcast / conference call will be held for media, analysts and investors.

Obyte Launches Contracts with Arbitration: P2P Transactions with Decentralized Escrow

Retrieved on: 
Tuesday, June 13, 2023
Trust, Alice, Non-fungible token, GBB, Gigabyte, Risk, Cryptocurrency, Real estate, Online shopping, USDC

Vaduz, Liechtenstein, June 13, 2023 (GLOBE NEWSWIRE) -- In its ongoing mission to enhance peer-to-peer (P2P) and decentralized transactions, Obyte is excited to announce the introduction of smart contracts with arbitration.

Key Points: 
  • Vaduz, Liechtenstein, June 13, 2023 (GLOBE NEWSWIRE) -- In its ongoing mission to enhance peer-to-peer (P2P) and decentralized transactions, Obyte is excited to announce the introduction of smart contracts with arbitration.
  • These contracts offer secure decentralized escrow protection for two-party agreements, eliminating the need for mutual trust.
  • By using contracts with arbitration, that risk is eliminated from the beginning, thanks to decentralized escrow and inclusion of a mutually trusted arbiter.
  • From this point, the funds involved (in USDC, GBYTEs, GBB, or any other token) are locked in decentralized escrow until the contract’s conditions are met.

Historic Launch: Enforceable Asset-Backed NFTs with LCX as Physical Validator

Retrieved on: 
Tuesday, June 6, 2023
Crypto, Blockchain, NFT, Non-fungible token, LCX, GIA, History, Diamond, Cryptocurrency

In a historic launch, LCX unveils a revolutionary NFT project called Tiamonds that ensures contractual enforcement by bridging digital and physical assets.

Key Points: 
  • In a historic launch, LCX unveils a revolutionary NFT project called Tiamonds that ensures contractual enforcement by bridging digital and physical assets.
  • Tiamonds introduces real-world diamonds on the blockchain as enforceable asset-backed NFTs to the market.
  • This marks LCX as the first platform to offer liability as a physical validator for asset-backed NFTs.
  • LCX, as the physical validator, ensures contractual enforcement of represented rights to the tokenized physical assets on the blockchain.

LLB General Meeting 2023 – shareholders approve all motions Dividend increases to CHF 2.50

Retrieved on: 
Friday, May 5, 2023
Financial Oversight and Management Board for Puerto Rico, State, SIX Swiss Exchange, Transformation, Speech, Bank statement, Coronavirus, Tax, Mass meeting, Annual general meeting, LLB, Board of Management St. Molaga's National School v The Secretary General of the Department of Education and Science, Investment, Management, Growth, National Bank of Liechtenstein, Moody, CHF, Environment, United Arab Emirates, Holding company, Cryptocurrency

850 shareholders of Liechtensteinische Landesbank AG (LLB) approved all proposals of the Board of Directors at the 31st General Meeting of Shareholders.

Key Points: 
  • 850 shareholders of Liechtensteinische Landesbank AG (LLB) approved all proposals of the Board of Directors at the 31st General Meeting of Shareholders.
  • As a result, the dividend paid by LLB increased from CHF 2.30 to CHF 2.50.
  • In addition, the LLB shareholders also discharged the Board of Directors, the Board of Management and the auditors KPMG Liechtenstein AG.
  • The shareholders approved the appropriation of the net profit for 2022 proposed by the Board of Directors in the amount of CHF 79,447,163.93 and resolved to increase the dividend from CHF 2.30 to CHF 2.50.

LLB Group invests in Swiss market

Retrieved on: 
Tuesday, May 2, 2023
Breakfast, EEA, FINMA, Credit management, SIX Swiss Exchange, Moody's Investors Service, EAM, Private banking, Professional, Cosmic Trigger II: Down to Earth, Direct Client-to-Client, AG, LLB, Gross metropolitan product, Board of Management St. Molaga's National School v The Secretary General of the Department of Education and Science, Trust, European Economic Area, Risk management, CFO, Management, Growth, CHF, United Arab Emirates, SME, Bank, Cryptocurrency, Financial services, Property management, EU

The LLB Group and Bank Linth have jointly defined the next strategic steps for the Swiss market.

Key Points: 
  • The LLB Group and Bank Linth have jointly defined the next strategic steps for the Swiss market.
  • The LLB Group sees further growth opportunities for the Swiss market.
  • After the complete takeover by the LLB Group and the delisting from the SIX Swiss Exchange, expanding Bank Linth's activities in the Swiss market is the next logical step.
  • Along with the new strategy for the Swiss market and the integration of the LLB Group's brand identity, the importance of Switzerland for the LLB Group is once again clearly underlined.”
    The LLB Group will provide further background information at its media and analysts' breakfast on 3 May 2023, at 8.30 a.m. at Hotel Widder in Zurich.