Government pays visit to LLB
Once a year the Liechtensteinische Landesbank (LLB), which is majority-owned by the Principality of Liechtenstein, invites government representatives for an exchange of information. LLB’s strategic initiatives were discussed at this year’s meeting.
At this year’s exchange of information, which took place on November 21, LLB informed the government representatives about the bank’s business operations in the first half of the year. LLB’s group management then presented an overview of its strategic initiatives and the progress to date implementing them.
“In today’s challenging environment our focus is clearly on further increasing our profitability,” said CEO Roland Matt. “Thanks to our growth, we have created a strong basis for achieving this”.
During the visit, Prime Minister Adrian Hasler emphasized the importance of the annual exchange of information between representatives of the Principality of Liechtenstein, which owns a majority in LLB, and the bank’s management.
“The discussions provide us with in-depth insights into current developments in the financial sector and allow us to better understand the company’s strategic orientation”, Hasler said.