Media releases
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News and important information from VP Bank
Our media releases inform the public promptly about significant developments and events affecting VP Bank.
Click here for all media releases published by VP Bank. Ad hoc releases containing potentially price-relevant information issued in accordance with the particular publication duties for listed companies are specially marked. All media releases are available on our website for at least three years.
2024
Media release
VP Bank Chief Economist confirmed as one of the most influential economists in Germany
With its Chief Economist Thomas Gitzel, VP Bank is proud to have one of Germany’s most influential economists on its team – as confirmed by a German ranking produced by the Swiss institute Media Tenor for the New Social Market Economy Initiative.
Media release
VP Bank Fundation rewards commitment: CHF 80,000 for charitable institutions
The "Lichtblick" fundraising event of the VP Bank Foundation took place on Wednesday, 6 November at VP Bank in Triesen. 29 social and charitable institutions in Liechtenstein received donations totalling around CHF 80,000.
Ad hoc
Urs Monstein becomes Chief Executive Officer of VP Bank
VP Bank appoints Urs Monstein as Group CEO. Following comprehensive screening of internal and external candidates, the Board of Directors has chosen the current interim Group CEO. Over the last few months, he has impressed with his leadership as well as his understanding of the corporate culture and the priorities in implementing the Bank’s strategy.
Media release
Top ranking: VP Bank Group's Annual Report achieves 3rd place in the Swiss Annual Report Rating
VP Bank Group's 2023 Annual Report once again achieved a top ranking in this year's Swiss Annual Report Rating. In the overall ranking, it was awarded third place. This top ranking confirms the high quality of VP Bank's corporate communications and once again underscores the bank's creative design.
Media release
Dr Dirk Klee leaves the Board of Directors of VP Bank
Dirk Klee will step down from his position as a member of the Board of Directors of VP Bank as of September 30, 2024. He is taking on a new external challenge that is not compatible with his role at VP Bank.
Ad hoc
VP Bank reports a semi-annual profit of CHF 11.5 million and implements substantial efficiency measures.
VP Bank Group generated a net profit of CHF 11.5 million in the first half of 2024. Client assets under management rose by 8.8 per cent, while the annualised net new money in-flow was 2.2 per cent.
Media release
VP Bank launches new mobile banking app with enhanced features and new design
VP Bank is fundamentally revising its mobile banking application, bringing its functionality and design into line with the browser version. It offers its clients many new options for con-venient e-banking on all devices (smartphones, tablets, notebooks, PCs).
Media release
VP Bank publishes the 9th issue of the investment magazine "telescope"
The new issue of the investment magazine "telescope" entitled "Security: Why we need it and how not to lose it" has been published.
Ad hoc
Interim management statement for the first four months of 2024
VP Bank posts a 50 per cent drop in net profit for the first four months of 2024 compared with the previous year. The key reason for this is lower interest income.
Media release
VP Fund Solutions announces awards at the Finanzen Verlag Fund Award, the Mountain View Fund Award and the Lipper Fund Awards
Multiple awards: The "Value-Holdings Deutschland" fund was honoured with the Fund Award 2024, the "Solitaire Global Bond Fund USD" received the Mountain View Fund Award and two other funds on the VP Fund Solutions platform received the Germany 2024 Lipper Fund Award.
Ad hoc
CEO of VP Bank Group resigns
Paul Arni, Chief Executive Officer of VP Bank Group, is leaving VP Bank after around five years. Urs Monstein, Chief Operating Officer, will take on the role of Chief Executive Officer on an interim basis
Media release
VP Bank's annual general meeting decides on unchanged dividends and approves all proposals
At the 61st annual general meeting on Friday, 26 April 2024 in Vaduz, the shareholders approved the payout of a dividend of CHF 5.00 per registered share A and CHF 0.50 per registered share B and approved the re-election of Philipp Elkuch as well as the election of Dr Dirk Klee to the Board of Directors.
Media release
VP Bank once again receives “Risk Indicator 1” top rating
Dun & Bradstreet Worldwide has again given VP Bank Group its “Risk Indicator 1” rating of risk and creditworthiness. Dun & Bradstreet (Schweiz) AG presented VP Bank with the Rating Certificate for the eleventh time in a row.
Ad hoc
VP Bank is on track with the implementation of its strategy, generating 10 per cent more profit than in the previous year
VP Bank Group has remained on track despite what continues to be a challenging environment. The Group increased its operating income by 8.3 per cent to CHF 364.4 million and posted a Group net income of CHF 44.2 million, which corresponds to an increase of 10.1 per cent.
Media release
VP Bank named ‘Best Private Bank - Intermediaries’ for the third time by Asian Private Banker
With financial intermediaries at the core of VP Bank's business, the Bank's commitment and dedication to this segment was underscored by winning the prestigious "Best Private Bank - Intermediaries" award from Asian Private Banker for the second year in a row and the third time in the Bank's history.
2023
Media release
VP Bank publishes the 8th issue of the investment magazine "Telescope"
The new issue of the investment magazine "Telescope", entitled "Workforce shortage", examines the causes and consequences of the lack of skilled labour.
Media release
VP Bank Foundation’s Lichtblick donation event
VP Bank Foundation's "Lichtblick" fundraising event was held on Tuesday, 7 November 2023, at VP Bank in Triesen. Numerous institutions that are socially and charitably engaged in Liechtenstein received funding.
Media release
Award-winning: VP Bank’s annual report has again received several awards
VP Bank Group’s annual report won six international awards in 2023. These awards confirm the high quality of VP Bank’s corporate communication and once again demonstrate the Bank’s exceptional creativity.
Ad hoc
Change in the Board of Directors of VP Bank Group
Dr Thomas Meier, Chairman of the Board of Directors of VP Bank Group, will not stand for reelection at the next Annual General Meeting after serving an ordinary term of six years. The early announcement is intended to ensure a smooth handover.
Media release
VP Bank celebrates 15 years in Singapore with new office at Guoco Midtown, reinforcing commitment to seizing opportunities in the Asia region
VP Bank Ltd Singapore Branch celebrates 15 years since it established its presence in Singapore in 2008. Marking this significant milestone, the bank is also proud to announce the grand opening of its new office at Singapore's latest game-changing development, Guoco Midtown – a solid reaffirmation of the Bank’s steadfast commitment to sustained business growth and success in Asia.
Media release
VP Bank presents the Best Paper Award for Sustainable Finance
The VP Bank Best Paper Award 2023 was presented at the "Liechtenstein Workshop of Sustainable Finance" at the University of Liechtenstein.
Media release
New Executive Board member for VP Bank (Luxembourg) SA
As of 1 September 2023, Carsten Bäcker will join the Executive Board of VP Bank (Luxembourg) SA as Head of Risk Management.
Ad hoc
VP Bank once again increases corporate earnings and remains on track in terms of strategy implementation
VP Bank Group has remained on track despite what continues to be a challenging environment. The Group increased its operating income by 17 per cent to CHF 188.3 million and posted a semi-annual profit of CHF 25.5 million, which corresponds to an increase of 19 per cent.
Media release
New Management Board member for VP Fund Solutions (Luxembourg) SA
As of 1 August 2023, Anja Richter will join the Management Board of VP Fund Solutions (Luxembourg) SA.
Media release
New member in the Executive Management of VP Bank Group
The Board of Directors of VP Bank Group appoints Adrian Schneider as the new Head of the Liechtenstein home market region and as a member of Group Executive Management as of 1 August 2023.
Media release
VP Bank is expanding its digital offering in Liechtenstein and Switzerland
VP Bank is further expanding its offering of digital client services as part of its Strategy 2026. The investments made in a flexible and open IT and service architecture enable innovative third-party providers to be connected more easily and the bank’s in-house services to be developed more swiftly. Its digital range is now being gradually expanded.
Media release
At the 60th annual general meeting, the shareholders of VP Bank approve all proposals of the Board of Directors and an unchanged dividend
At the 60th annual general meeting in Vaduz on Friday, 28 April 2023, the shareholders of VP Bank have approved all of the proposals of the Board of Directors by a large majority. The payout of a dividend of CHF 5.00 per registered share A and CHF 0.50 per registered share B was approved.
Media release
World Fund Day: Successful fund business of VP Fund Solutions
On the occasion of today’s World Fund Day, VP Fund Solutions presents current successes and trends in the fund business.
Media release
VP Bank once again receives “Risk Indicator 1” top rating
Dun & Bradstreet Worldwide has again given VP Bank Group its “Risk Indicator 1” rating of risk and creditworthiness. Dun & Bradstreet Schweiz AG presented VP Bank with the Rating Certificate for the tenth time in a row.
Ad hoc
Changes on the Group Executive Management of VP Bank Group
VP Bank Group is appointing Dr Mara Harvey, Head of Region Europe and CEO of VP Bank (Switzerland) Ltd, and Dr Rolf Steiner, Head of Group Products & Solutions, to the Group Executive Management (GEM) with effect from 1 April 2023. Tobias Wehrli will leave the GEM.
Ad hoc
VP Bank Group holding its own in a challenging environment and proposes an unchanged dividend
In a challenging market environment, VP Bank Group posted net income for the year of CHF 40.2 million in 2022. Earnings power proved to be resilient, which made it possible to invest further in Strategy 2026 as planned. The Board of Directors proposes an unchanged dividend of CHF 5.00 per share.
Media release
VP Bank Ltd Singapore Branch Clinches Coveted "Best Private Bank – Intermediary Service"
VP Bank Ltd today announced clinching the prestigious Asian Private Banker Award for Distinction 2022, Best Private Bank – Intermediary Services. This win affirms the bank’s dedication and commitment to financial intermediaries across the Asia-Pacific region.
2022
Ad hoc
Change on the Executive Board of VP Bank Group and appointment of a new CEO of VP Bank (Switzerland) Ltd.
The Client Solutions business unit will be regrouped by the end of 2022. Thomas von Hohenhau will leave the Executive Board of VP Bank Group. Dr Mara Harvey will take over as the CEO of VP Bank (Switzerland) Ltd, including responsibility for the management of the Europe region.
Media release
Gourmet Festival Vaduz to continue
After its brilliant premier in September, the Vaduz Gourmet Festival will be repeated for at least the next three years.
Media release
VP Bank Foundation’s Lichtblick donation event
VP Bank Foundation's "Lichtblick" fundraising event was held on Tuesday, 8 November 2022, at VP Bank in Triesen. Numerous institutions that are socially and charitably engaged in Liechtenstein received funding.
Media release
Award-winning: VP Bank’s annual report has again received several awards and and took an outstanding second place in the Swiss Annual Report Rating in the Value Reporting category
VP Bank Group’s annual report won six international awards in 2022. These awards confirm the high quality of VP Bank’s corporate communication and once again demonstrate the Bank’s exceptional creativity.
Media release
VP Bank presents the Best Paper Award for Sustainable Finance
The VP Bank Best Paper Award 2022 was presented at the "Liechtenstein Workshop of Sustainable Finance" at the University of Liechtenstein.
Media release
New certificate "Responsibly Sourced Gold" allows private investors access to sustainable gold for the first time
With a special certificate, VP Bank and Chartered Investment are creating a structured product solution so that investments can be made in gold that meets the highest environmental and social standards.
Ad hoc
VP Bank Group holding its own in a challenging environment
In a challenging market environment and against the backdrop of the continued substantial investments in Strategy 2026, VP Bank posted a 2022 semi-annual profit of CHF 21.3 million. This represents a 29 per cent decrease vis-à-vis the previous-year period, but a 3 per cent increase compared to the second half of 2021. In total, client assets under management decreased by 9 per cent as a result of the slowdown in the markets.
Media release
VP Bank and VP Fund Solutions donate to charitable foundations in Luxembourg
VP Bank (Luxembourg) SA and VP Fund Solutions (Luxembourg) SA support the "Fondation Hëllef fir d'Natur" and the "Fondatioun Kriibskrank Kanner" as part of their sustainability activities.
Media release
VP Bank receives the Wealth For Good Award for the VP Bank Sustainability Score
VP Bank has received the "Wealth for Good Award" from the publication WealthBriefing for its sustainability approach. It won the category "Best Bank for ESG Portfolio (methodology) - Switzerland and Liechtenstein".
Media release
VP Bank promotes the switch to electric vehicles for its employees
VP Bank is entering into a partnership with a premium provider of electric vehicles, thereby offering its employees in Liechtenstein and Switzerland more environmentally friendly mobility.
Media release
VP Bank announces key appointments in Asia with Johnny Heng as Head of Singapore Branch and Kenneth Chan as Head of Intermediaries Hong Kong
VP Bank Ltd today announces several appointments within its Asia organisation. These appointments further affirm the Bank’s dedication to Strategy 2026, enhancing its competitive edge to seize opportunities in the Asia region.
Media release
Alexander Ziehl to be appointed to the Executive Management of VP Fund Solutions (Luxembourg) SA
Alexander Ziehl, Head of Intermediaries Clients at VP Bank (Luxembourg) SA, is set to join the Executive Management of VP Fund Solutions (Luxembourg) SA on 01 July 2022.
Ad hoc
At the 59th annual general meeting, the shareholders of VP Bank approve all proposals of the Board of Directors and pass a resolution to increase the dividend
At the 59th annual general meeting in Vaduz on Friday, 29 April 2022, the shareholders of VP Bank have approved all of the proposals of the Board of Directors by a large majority. Payout of a dividend of CHF 5.00 per registered share A and CHF 0.50 per registered share B was approved.
Media release
As Presenting Partner of the renowned marmite youngster competition, VP Bank promotes emerging young talent in the Swiss and Liechtenstein restaurant scene
VP Bank is supporting young talent in the Swiss and Liechtenstein restaurant sector. The bank has entered into a multi-year sponsoring agreement with publishers marmite verlags ag, whose eponymous gourmet magazine stages the annual marmite youngster competition, where young people demonstrate their skills as chefs, pastry chefs, service personnel and sommeliers.
Media release
VP Bank once again receives “Risk Indicator 1” top rating
Dun & Bradstreet Worldwide has again given VP Bank Group its “Risk Indicator 1” rating of risk and cre-ditworthiness. Dun & Bradstreet Schweiz AG presented VP Bank with the Rating Certificate for the eighth time in a row.
Ad hoc
VP Bank Group increased its assets under management by 8.1 per cent in 2021, posted Group net income of CHF 50.6 million (+21.7 per cent) and proposes a dividend increase of 25 per cent.
Against the backdrop of substantial investments that were made in connection with the implementation of Strategy 2026, VP Bank Group generated Group net income of CHF 50.6 million in 2021, which corresponds to an increase of 21.7 per cent. Client assets under management rose by 8.1 per cent. The proposed dividend of CHF 5.00 represents an increase of 25 per cent and underscores the profitability of VP Bank and the aim to provide an attractive dividend yield over the long term, which as at the end of 2021 stood at 5.2 per cent.
Media release
VP Bank underlines its commitment to supporting young musicians with two new sponsorships
VP Bank is strengthening its long-standing commitment to supporting the world’s leading young musical talents. The Bank has signed sponsorship deals with the Ensemble Esperanza and the International Academy of Music in Liechtenstein for the coming years. Both institutions support young musicians.
Media release
VP Bank and Leonteq to collaborate on structured products
VP Bank is expanding its range of structured products. The Bank will develop and distribute new solutions in partnership with Leonteq.
Media release
VP Bank supports Swiss asset managers in their quest to obtain a FINMA licence with new service offering
Asset managers domiciled in Switzerland have to obtain a licence to operate from FINMA by 31 December 2022. With its expertise for intermediaries, VP Bank offers professional support in this laborious process.
2021
Media release
VP Bank and Utopia Music to partner up on music investments
VP Bank and Utopia Music agree to cooperate on investments in the service sector of the music industry. This reaffirms the Bank’s commitment to combining traditional banking with the benefits of digital ecosystems and access to novel investment opportunities to create innovative client experiences.
Media release
VP Bank lays the groundwork for innovative solutions in the field of digital assets by being the first Liechtenstein bank to successfully tokenise a work of art.
VP Bank announces its registration in the Token and TT Service Provider Register (Liechtenstein Tokens and TT Service Providers Act – TTTA) by the Financial Market Authority (FMA) Liechtenstein. As a result, VP Bank has opened up a wide range of new solutions for its clients involving the digitisation of assets.
Media release
The VP Bank Art Foundation is celebrating its 25th anniversary
The Kunstmuseum Liechtenstein congratulates the Art Foundation on this anniversary and is dedi-cating the exhibition "Out of Office" to the collection, which can be seen from 12 November 2021 to 13 March 2022 at the Kunstmuseum Liechtenstein in Vaduz.
Media release
VP Bank appoints Dr Lars Kaiser as Head Group Sustainability
VP Bank has appointed Dr Lars Kaiser as Head Group Sustainability. Dr Kaiser will report directly to the Chief Investment Officer and Chairman of the Sustainability Board at VP Bank, and will assume his new role on 1 March 2022.
Media release
VP Bank partners with the ETH AI Center
VP Bank announces that it has partnered with the Center for Artificial Intelligence at ETH Zurich. With this step, VP Bank is pursing its strategic goal to become an international open wealth service pioneer.
Media release
VP Bank joins UN-convened Net-Zero Banking Alliance
In line with its commitment to a climate-positive future, and confirming its net-zero ambition, VP Bank joins the Net-Zero Banking Alliance (NZBA), a UN-convened global alliance of banks, committed to aligning their lending and investment portfolios with net-zero emissions by 2050 or sooner.
Media release
VP Bank expands its sustainable investments offering with Sustainable Plus
VP Bank is expanding its offering for investors who want to help protect the environment or support positive social change. This underscores the bank’s longstanding commitment to a more sustainable financial economy.
Media release
Award-winning: VP Bank presents the Best Paper Award
At the "Sustainable Finance Workshop" of the University of Liechtenstein, the VP Bank Best Paper Award 2021 was presented.
Media release
Award-winning: VP Bank’s annual report has again received several awards and is ranked an amazing number three in the Swiss Annual Report Rating
VP Bank Group’s annual report won six international awards in 2021. These awards confirm the high quality of VP Bank’s corporate communication and once again demonstrate the Bank’s exceptional creativity.
Media release
VP Bank in Asia makes two newly-created key appointments to its Asia Management Committee.
VP Bank has today announced the appointments of Alexander Tsikouras as Chief Financial Officer & Chief Operating Officer Asia and Will Wang as Head of Client Solutions & Strategic Partnerships Asia in two newly-created roles which form part of the Asia Management Committee (Asia Manco) as of 24 September 2021. Aligning with VP Bank's growth strategy in Asia, these appointments follow the recent joining of two other senior executives, Pamela Hsu Phua as CEO Asia and Heline Lam as Chief of Staff Asia.
Ad hoc
VP Bank Group announces good 2021 semi-annual results through growth in assets under management, success from the commission and services business and improved cost efficiency.
VP Bank recorded solid results for the first half of 2021. Group net income rose significantly versus the prior-year period to reach CHF 29.9 million. Client assets under management increased by roughly 11 per cent, and the cost/income ratio declined to 79.4 per cent, thereby continuing the trends seen in recent years and demonstrating that VP Bank Group has entered its new strategy cycle on a firm foundation.
Media release
VP Fund Solutions (Liechtenstein) AG appoints Wolfdieter Schnee to Executive Board
VP Fund Solutions (Liechtenstein) AG is pleased to announce the appointment of Wolfdieter Schnee as Member of Executive Management for VP Fund Solutions in Liechtenstein, effective 1 July 2021. The appointment is subject to the approval of the Financial Market Authority (FMA) Liechtenstein.
Media release
VP Bank in Singapore Awarded Best Boutique Private Bank by WealthBriefingAsia
VP Bank Ltd Singapore Branch has been awarded ‘Best Boutique Private Bank’ at the 9th annual WealthBriefingAsia Awards 2021. The win is testament to the bank’s long-standing expertise and commitment to its valued clients across Asia-Pacific.
Media release
VP Bank and InvestCloud to partner in building an innovative Open Wealth Service platform
VP Bank and InvestCloud have entered into an innovation partnership with the aim of building the foundation for highly personalised wealth management services delivered via ecosystems and facilitated by an Open Wealth Service platform.
Ad hoc
At the 58th Annual General Meeting, VP Bank shareholders approved all of the motions proposed by the Board of Directors, re-election of Dr Thomas R. Meier
At its 58th ordinary Annual General Meeting held on 30 April 2021 in Vaduz, VP Bank shareholders voted by a large majority to approve all the motions put forward by the Board of Directors. Distribution of a dividend of CHF 4.00 per registered share A and CHF 0.40 per registered share B were approved.
Media release
VP Bank appoints Markus Rohner as Head Group Internal Audit
VP Bank is pleased to announce the appointment of Markus Rohner as Head Internal Audit of VP Bank Group with effect from 1 September 2021. The appointment is subject to the approval of the Liechtenstein Financial Market Authority (FMA).
Media release
VP Bank publishes its Sustainability Report
VP Bank is pleased to issue its inaugural sustainability report, which has been prepared in accordance to the international standards of the Global Reporting Initiative (GRI) and the Sustainability Accounting Standards Board (SASB).
Media release
VP Fund Solutions: Sustainable growth and awards on World Fund Day
On the occasion of today’s World Fund Day, VP Fund Solutions reports on encouraging trends in the fund business.
Media release
VP Bank appoints Pamela Hsu Phua as CEO of VP Bank Asia and reinforces its commitment to expanding its Asian franchise
VP Bank announces the appointment of Pamela Hsu Phua as CEO of VP Bank Asia, effective 1 July 2021, pending approval by the relevant financial market authorities. Pamela Hsu Phua’s appointment marks a major milestone in the bank’s Strategy 2026.
Media release
VP Bank once again receives “Risk Indicator 1” top rating
Dun & Bradstreet Worldwide has again given VP Bank Group its “Risk Indicator 1” rating of risk and creditworthiness. Bisnode D&B Schweiz AG presented VP Bank with the Rating Certificate for the eighth time in a row.
Ad hoc
VP Bank is acquiring a 3.4 per cent equity stake in Hywin after signing a Collaboration Agreement to strengthen the Strategic Partnership
VP Bank Ltd (Liechtenstein), Hywin Wealth Management Co., Ltd (China) and its subsidiary Hywin Asset Management (Hong Kong) Limited, among others, signed a Cooperation Agreement to jointly establish through Hywin's Hong Kong entity a collaboration platform to meet the demands of wealthy Chinese for sophisticated wealth management services offshore. The strategic nature of the partnership is further strengthened by VP Bank's participation in the equity fundraising activities of Hywin Holdings Ltd (“Hywin Holdco”).
Media release
VP Bank becomes Signatory of the global Principles for Responsible Banking
VP Bank has become an official Signatory of the UN Principles for Responsible Banking – a single framework for a sustainable banking industry developed through an innovative partnership between banks worldwide and United Nations Environment’s Finance Initiative.
Ad hoc
Stable 2020 result achieved by VP Bank Group in challenging market environment, continued growth in new money, lower group net income and strong equity base
VP Bank achieved a stable result for the 2020 financial year in line with the performance of the market as a whole. Due to the valuation adjustment on an individual item in the loan portfolio reported in spring 2020 and the lower interest rate environment, group net profit eased to CHF 41.6 million. At CHF 1.4 billion, net new money developed positively for the fourth consecutive year. Thanks to a strong capital and liquidity base, supported by the stable earnings situation, VP Bank is starting the new strategy cycle on very healthy foundations.
Ad hoc
Roger Barmettler appointed as Chief Financial Officer of VP Bank Group
The board of directors of VP Bank has appointed Roger Barmettler as Chief Financial Officer (CFO) and member of the Group Executive Management, effective 1 March 2021.
Media release
VP Bank Ltd has been included in the new sustainability indices launched by SIX Swiss Exchange
Based on the Swiss Performance Index (SPI), the Swiss stock exchange SIX has now launched ESG indices for the broad Swiss stockmarket. This is SIX’s response to the burgeoning demand for sustainable investments. VP Bank is listed as one of 139 companies in the “SPI ESG” and “SPI ESG Weighted” index family.
Ad hoc
Preliminary information of VP Bank Group: Stable result in a challenging market environment, continued net new money growth, lower group net income
For the 2020 financial year, VP Bank expects a stable result in line with the development of the market environment and continued net new money growth. As a result of the value adjustment on an individual position in the credit portfolio communicated in the spring of 2020, a reduced consolidated group net income of approximately CHF 41.6 million is to be expected compared to the previous year.
Media release
VP Bank in Singapore Awarded Best Private Bank Intermediary Services in Asian Private Banker Awards for Distinction 2020
VP Bank Ltd Singapore Branch has been awarded ‘Best Private Bank – Intermediary Services’ in the Asian Private Banker Awards for Distinction 2020. The win is testament to the bank’s long-standing expertise and commitment to financial intermediaries across the Asia-Pacific region.
Media release
VP Bank in Singapore Awarded Best Private Bank Intermediary Services in Asian Private Banker Awards for Distinction 2020
VP Bank Ltd Singapore Branch has been awarded ‘Best Private Bank – Intermediary Services’ in the Asian Private Banker Awards for Distinction 2020. The win is testament to the bank’s long-standing expertise and commitment to financial intermediaries across the Asia-Pacific region.
Media release
VP Bank (Luxembourg) SA completes acquisition of Private Banking of Öhman Bank S.A. in Luxembourg
As of 1 January 2021, the acquisition of the client business of the Luxembourg-based Private Bank Öhman Bank S.A. by VP Bank (Luxembourg) SA was completed. The acquisition was announced on 8 July 2020.
2020
Media release
VP Bank puts its focus on digital technologies with new IT strategy
VP Bank has adopted its IT strategy as an important milestone in the implementation of the previously communicated Strategy 2026. The measures are aimed at further advancing the digital transformation in order for the Bank to become a wealth management service provider. To operate its IT infrastructure, VP Bank is relying on a strategic partnership with a specialised external technology company and service provider.
Media release
Donation campaign at the end of the year: sustainability in practice at VP Bank in Luxembourg
Filling sustainability with life is more important than ever in times of the Corona Pandemic: with a generous donation at the turn of the year, VP Bank (Luxembourg) SA and VP Fund Solutions (Luxembourg) SA are supporting two local institutions: microlux and the University of Luxembourg.
Media release
VP Bank’s Client-centric Approach to Wealth Management
VP Bank is one of the largest banks in Liechtenstein, with international locations in Vaduz, Zurich, Luxembourg, Singapore, Hong Kong and the British Virgin Islands.
Media release
Changes at VP Fund Solutions
Eduard von Kymmel hands over the management of VP Fund Solutions to Torsten Ries and Ralf Konrad.
Media release
Award-winning: VP Bank presents the Best Paper Award
At the "Sustainable Finance Workshop" of the University of Liechtenstein, the VP Bank Best Paper Award 2020 was presented.
Media release
In the F.A.Z. economists’ ranking 2020 published by Frankfurter Allgemeine Zeitung, VP Bank placed among the top ten in the media evaluation.
In the ranking of “Germany’s most influential economists” published annually by Frankfurter Allgemeine Zeitung, VP Bank and its Chief Economist Dr Thomas Gitzel took an excellent 6th place among the 50 candidates evaluated in the “Media” category.
Media release
Award-winning: VP Bank’s annual report has again received several awards and is ranked an amazing number three in the Swiss Annual Report Rating
VP Bank Group’s annual report won seven international awards in 2020. These awards confirm the high quality of VP Bank’s corporate communication and once again demonstrate the Bank’s exceptional creativity.
Media release
VP Bank appoints Claus Jørgensen as CEO of VP Bank (Luxembourg) SA
Claus Jørgensen has been appointed Chief Executive Officer of VP Bank (Luxembourg) SA with immediate effect. In May, he assumed the position of interim successor to Thomas Steiger, who had resigned early at his own request.
Ad hoc
VP Bank sees boost in operating income and significant net new money inflow in the first half of 2020
With a Group net income of CHF 14.4 million, net new money inflow of approximately CHF 1 billion, an improved cost structure and an increase in operating income of 2.5 per cent to CHF 166.8 million, VP Bank Group has proven its crisis resilience in the first six months of a year turned upside down by the coronavirus pandemic.
Media release
VP Bank and Hywin Wealth champions female empowerment in Asia Pacific’s wealth management industry with latest report
Women are increasingly holding a central role as earners, creators, and stewards of wealth. They are viewed as the redefining force for bringing about new norms and are the driving force of today's wealth ecosystem. Sponsored by VP Bank and Hywin Wealth, the report, "Winning Women in Asia-Pacific" researched by WealthBriefingAsia gathers actionable insights from in-depth interviews with various female clients, entrepreneurs, and wealth management experts.
Ad hoc
VP Bank appoints Patrick Bont as Group Chief Risk Officer and member of the Group Executive Board
The Board of Directors of VP Bank appoints Patrick Bont, the Head of the Banking Division of the Financial Market Authority (FMA) Liechtenstein, as Group Chief Risk Officer effective 01.11.2020.
Ad hoc
VP Bank takes over the private banking business of Öhman Bank S.A. in Luxembourg and further expands its Nordics business
VP Bank further strengthens its position in the Nordic market and acquires the client business of the Luxembourg-based Private Bank Öhman Bank S.A from the Swedish financial group Öhman.
Ad hoc
VP Bank is appointing Thomas von Hohenhau to the position of Head Client Solutions and member of Group Executive Management
The Board of Directors of VP Bank is appointing Thomas von Hohenhau to the position of Head Client Solutions with effect from 1 September 2020. This business unit was newly-created within the context of Strategy 2025. In this function Thomas von Hohenhau will also be made a member of Group Executive Management.
Ad hoc
Organisational and personnel changes on the VP Bank Group`s Executive Management
VP Bank Group is responding to the valuation adjustment on a single position that was announced this spring by reorganising its credit division. This will result in personnel changes on the Group Executive Management.
Media release
VP Bank publishes its new investment magazine “telescope”
VP Bank launches its new investment magazine “telescope”. With this magazine, the bank for private clients and intermediaries will be addressing a specific topic and providing in-depth investment expertise. The first issue focuses on the “weakling dollar”.
Ad hoc
VP Bank appoints Tobias Wehrli as Head Intermediaries & Private Banking and member of Group Executive Management
Tobias Wehrli is set to be appointed Head Intermediaries & Private Banking division at VP Bank on 1 July 2020, when he will also be made a member of Group Executive Management. He is succeeding Chris-toph Mauchle, who will leave the bank at the end of September 2020.
Media release
"Neighbors for Neighbors": VP Bank in Luxembourg donates beverages to hospital staff
ESG can easily come into our world when neighbors care about neighbors and at the same time help entrepreneurs: With a generous donation of beverages, VP Bank (Luxembourg) SA and VP Fund Solutions (Luxembourg) SA thank the staff of the "Hôpital du Kirchberg" for their great commitment during the Corona crisis, while at the same time supporting young local companies.
Ad hoc
At the 57th Annual General Meeting, shareholders of VP Bank approved all of the motions put forward by the Board of Directors. Dr Thomas R. Meier replaces Fredy Vogt as Chairman
At its 57th ordinary Annual General Meeting held on 24 April 2020 in Vaduz, VP Bank shareholders voted by a large majority to approve all of the motions put forward by the Board of Directors. Distribution of a dividend of CHF 5.50 per registered share A and CHF 0.55 per registered share B were approved.
Media release
VP Fund Solutions: Strong ESG growth and combined fund expertise on World Fund Day
Media release
VP Bank once again receives “Risk Indicator 1” top rating
Dun & Bradstreet Worldwide has again given VP Bank Group its “Risk Indicator 1” rating of risk and creditworthiness. Bisnode D&B Schweiz AG presented VP Bank with the Rating Certificate for the seventh time in a row.
Ad hoc
Effects of the coronavirus outbreak on VP Bank Group
The extent of the impact that the coronavirus is having on society and the economy, and thus on the financial markets as well, is becoming increasingly clear. High market losses over a very short period of time and extremely high volatility that has never been witnessed before are causing a strain not only on the financial market as a whole but also on VP Bank Group. Thanks to its very healthy equity base, comfortable liquidity situation and operational strength, VP Bank Group is in a good position to cope with the current crisis.
Ad hoc
Strong growth and substantial rise in earnings in the year 2019
Thanks to a strong operating performance and the positive development of financial markets, VP Bank Group recorded a 34.4 per cent rise in net earnings in 2019 and generated group net income of CHF 73.5 million. At CHF 2.3 billion, the inflow of net new money developed positively for the third time in a row.
Ad hoc
Succession planning initiated for the Head Client Business
After seven successful years as head of the "Intermediaries & Private Banking" business segment, Christoph Mauchle has announced his intention to leave VP Bank during the course of the year. This personal decision is the result of Christoph Mauchle's further life planning and is being made in best agreement with the Board of Directors and CEO Paul Arni.
Media release
VP Bank receives two awards at Greater China WealthBriefingAsia Awards for Excellence 2020
VP Bank Ltd Singapore Branch has been named “Best External Asset Manager Service Provider”, recognising the bank’s superior position as an industry leader and its unique focus on the intermediaries business. In addition, VP Bank Ltd Singapore branch also won “Best Private Banking Regional Partnership”. In 2019, VP Bank has signed a memorandum to enter into a strategic collaboration with the Chinese company Hywin Wealth Management Co. to establish a Hong Kong-based platform that offers wealth management solutions to wealthy Chinese. The two awards are presented by WealthBriefingAsia, an Asia-focused daily news and analysis service of the WealthBriefing Network.
Media release
VP Bank helps the Swiss Ladies Open realise a comeback
Thanks to the generous support of VP Bank, the Ladies European Tour (LET) will be returning to Switzerland in September 2020 following an absence of eight years. With this new sponsorship engagement, VP Bank, in its capacity as naming partner and co-initiator, is continuing its commitment to women’s golf, which began in 2017.
Ad hoc
Preliminary information: Impressive growth and strong rise in earnings for VP Bank Group
For the 2019 financial year, VP Bank is expecting group net income to come in 34 per cent higher at about CHF 74 million.
2019
Media release
Sustainability at VP Bank: Responsibility in action
With a series of targeted measures, VP Bank also actively assumed its responsibility to society, the economy and the environment in 2019.
Media release
VP Bank Ltd successfully issues a CHF 155 million bond
VP Bank Ltd today successfully issued its first senior non-preferred bond with a total volume of CHF 155 million and a maturity of 10 years.
Media release
Excellent: VP Bank's annual report has once again received several awards
In 2019, the annual report of VP Bank Group was awarded eight international prizes. The awards confirm the high quality of VP Bank's information policy and once again demonstrate the bank's creativity in design.
Media release
VP Bank (Switzerland) Ltd secures simplified access to the German market
As one of only a small number of Swiss private banks to date, VP Bank (Switzerland) Ltd has secured the necessary exemption from the German Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht – “BaFin”) under the simplified procedure. This entails simplified access to the German market.
Media release
Standard & Poor’s confirms "A" rating and stable outlook for VP Bank
In its current report dated 27 August 2019, the renowned rating agency Standard & Poor's reaffirmed its "A/Stable/A-1" rating for VP Bank, emphasising its favorable financial profile, very strong capitalization, stable shareholder structure, sound liquidity position and stable client deposit base.
Ad hoc
VP Bank reports sharp growth in earnings and strong net new money inflows in the first half-year of 2019
With a gain of 20.5 per cent in group net income, net new money inflows of CHF 1.2 billion und a substantial increase in assets under management of 9.9 per cent to CHF 45.6 billion, VP Bank Group demonstrated a robust performance for the first six months.
Media release
New Head of Intermediaries at VP Bank in Singapore
Thomas Jost joins the local management of VP Bank Ltd Singapore Branch as Head of Intermediaries.
Ad hoc
Preliminary information: VP Bank increases first-half earnings by around 20 per cent
VP Bank Group is expecting group net income for the first half of 2019 to be substantially higher than the corresponding period of the previous year at around CHF 35 million (as at 30 June 2018: CHF 29.3 million).
Media release
VP Bank and Hywin Wealth sign Memorandum to enter into Strategic Collaboration
VP Bank Ltd (Liechtenstein) and Hywin Wealth Management Co. (China), respected pure play wealth managers, announced today their intention to jointly establish a Hong Kong based collaboration platform to meet the demand of wealthy Chinese for sophisticated wealth management services on- and offshore.
Ad hoc
Paul H. Arni set to be the new CEO of VP Bank Group
The Board of Directors of VP Bank has appointed Paul H. Arni as the new CEO of VP Bank Group. Paul Arni will be taking up his position on 1 October 2019. Until then, Dr Urs Monstein, Chief Operating Officer of VP Bank, will continue to exercise the CEO function on an interim basis.
Ad hoc
VP Bank’s buyback of shares on the standard trading line completed
VP Bank has completed the share buyback programme on the standard trading line on SIX Swiss Exchange launched on 27 June 2018. As of 28 June 2019, the Bank holds 9.58 per cent of its own share capital.
Media release
Extended management team at VP Fund Solutions
VP Fund Solutions continues its dynamic growth course with an expanded Executive Board.
Media release
VP Bank Rally – starting signal for a unique classic car experience
The first VP Bank Rally is set to be held on 15 and 16 June. The première will entail a unique, challenging rally experience passing through the most beautiful landscapes and featuring culinary and cultural highlights in the region of VP Bank’s headquarters.
Media release
Launch of the VP Bank recession barometer for the Eurozone
VP Bank is launching its own recession barometer for the Eurozone. At monthly intervals, the barometer shows the actual probability of an impending decline in gross domestic product.
Ad hoc
At the 56th Annual General Meeting, VP Bank shareholders approve all motions of the Board of Directors
At its 56th ordinary Annual General Meeting held on Friday, 26 April 2019 in Vaduz, VP Bank shareholders approved all of the motions put forward by the Board of Directors. 487 shareholders were present.
Media release
VP Bank Ladies Open: VP Bank supports women’s golf at the highest level
The sixth VP Bank professional golf tournament for women is set to be staged at Gams-Werdenberg Golf Course from 3 to 5 May 2019. The VP Bank Ladies Open features a world first as well as several opportunities to win golden accolades.
Media release
VP Fund Solutions: Impressive figures to report on World Fund Day
To mark tomorrow’s World Fund Day, VP Fund Solutions is able to draw a positive balance for the two fund locations Luxembourg and Liechtenstein.
Media release
VP Bank once again receives “Risk Indicator 1” top rating
Dun & Bradstreet Worldwide has again given VP Bank Group its “Risk Indicator 1” rating of risk and creditworthiness. In March 2019, Bisnode D&B Schweiz AG presented VP Bank with the Rating Certificate for the sixth time in a row.
Media release
VP Bank appoints Dr Thomas R. Meier as second Vice President of the Board of Directors
Having joined the Board of Directors of VP Bank in April 2018, Dr Thomas R. Meier has been appointed with immediate effect as the second Vice President of the Board of Directors. In this function he is also a member of the Nomination & Compensation Committee.
Ad hoc
Sharp rise in net new money at VP Bank – strategy-compliant, international growth squeezes Group earnings
In accordance with its long-term growth strategy, VP Bank Group recorded a net inflow of new money totalling CHF 3.2 billion in 2018. The international sites contributed in particular to this favourable result. At the same time, higher investment caused Group net income to decline 16.8 percent to CHF 54.7 million. An unchanged dividend of CHF 5.50 per class A registered share and CHF 0.55 per class B registered share will be proposed to the annual general meeting.
Media release
VP Bank (Luxembourg) SA and VP Bank Fund Solutions (Luxembourg) SA open their business premises
As part of the "VP Bank Experts` Keynotes" event organised by VP Bank (Luxembourg) SA and VP Fund Solutions (Luxembourg) SA, at the beginning of February numerous guests were given an insight into the new business premises at Kirchberg.
Media release
VP Bank (Luxembourg) SA completes acquisition of Private Banking of Catella Bank S.A. in Luxembourg
As of 1 February 2019, the acquisition of the Luxembourg private banking activities of Catella Bank by VP Bank (Luxembourg) SA was completed. The acquisition was announced on 26 October 2018.
Media release
VP Bank donates EUR 6,000.00 to SOS Kannerduerf Lëtzebuerg
Against the backdrop of the relocation of VP Bank and VP Fund Solutions in Luxembourg, some of the old furniture and equipment was sold off. VP Bank is donating the proceeds to the charitable foundation SOS Kannerduerf Lëtzebuerg.
Ad hoc
CEO Alfred W. Moeckli to leave VP Bank Group on 31 January 2019
The Board of Directors of VP Bank Group and CEO Alfred W. Moeckli have decided to not continue their collaboration. Alfred W. Moeckli will relinquish all his functions as of the end of January 2019 and leave the bank to devote himself to new assignments. Dr Urs Monstein assumes the position of CEO on ad interim basis.
Ad hoc
Preliminary information: VP Bank's growth strategy bears fruit – market environment, however, influences profitability
VP Bank recorded a net new money inflow of CHF 3.2 billion in the past financial year. This pleasing increase is attributable to the Bank's long-term growth strategy, which is based in particular on the expansion of its client service units. During the same period, consolidated net income fell by 17 percent to approximately CHF 55 million.
Media release
New Head of Client Business at VP Bank in Singapore
Reto Marx joins the local management of VP Bank Ltd Singapore Branch as head of client business.
2018
Media release
VP Bank Rally by RAID – the fascinating experience for discerning classic car aficionados
From 15 to 16 June 2019, VP Bank and the Organisation RAID are offering a new highlight for all discerning owners and drivers of classic cars.
Media release
The „VP Bank Classic Festival“ promotes young musical talents
The „VP Bank Classic Festival“ is a young talents musical platform for excellent classical concert experiences.
Media release
VP Bank is again honored in the Fuchsbriefe test
VP Bank proves its advisory quality in the TOPs 2019 of FUCHSBRIEFE.
Media release
VP Bank and VP Fund Solutions: Growth and new site in Luxembourg
VP Bank and VP Fund Solutions are moving to new business premises on Kirchberg in Luxembourg on 5 November 2018.
Media release
VP Bank (Switzerland) Ltd celebrates its 30th anniversary
VP Bank (Switzerland) Ltd is celebrating a significant birthday in November 2018: For the past 30 years it has been offering outstanding solutions with a personal touch in Zurich.
Media release
«Best of Europe»: The quality of the VP Bank annual report has again been recognised
The annual report of VP Bank Group has received several international awards in 2017. The relaunch of the website won a Gold Award.
Ad hoc
VP Bank (Luxembourg) SA takes over the private banking of Catella Bank S.A. in Luxembourg
VP Bank Ltd and Catella Bank S.A. have agreed to acquire the Luxembourg private banking activities of Catella Bank through VP Bank in Luxembourg.
Media release
Successful entry into the Scandinavian market for VP Fund Solutions and VP Bank
VP Fund Solutions and VP Bank assume fund management and custodian function for Luxembourg-based Carnegie investment funds.
Media release
VP Bank Singapore celebrates 10 years in Singapore
Next generation business family leaders in Asia shared valuable insights on keeping a lasting legacy beyond wealth transfer at VP Bank’s 10th anniversary celebration.
Media release
VP Bank Upgrading Singapore’s Subsidiary to Full Branch to Lead Asian Clients Safely Ahead
VP Bank’s Singapore business will be operated through the “VP Bank Ltd Singapore Branch”.
Ad hoc
Solid group net income for the first half of 2018, continued growth and investments in the future
In the first half of 2018, VP Bank Group recorded solid group net income of CHF 29.3 million. Client assets under management increased by 1.3 per cent. The tier 1 ratio was above average at 22.6 per cent. VP Bank shares recorded strong gains.
Ad hoc
VP Bank: buyback of shares on the standard trading line
VP Bank is launching a public share buyback programme for a maximum of 180,000 listed registered shares A on the standard trading line on SIX Swiss Exchange. The buyback period will run for up to one year.
Media release
Standard & Poor’s upgrades VP Bank’s rating to «A»
The rating agency Standard & Poor’s has upgraded VP Bank’s rating to «A» and confirmed the Group’s stable outlook.
Media release
Online banking transactions made easy with the launch of the new VP Bank e-banking
VP Bank is launching an updated e-banking system for private clients, corporate clients and intermediaries in May 2018. The new VP Bank e-banking features a user-friendly design while meeting the most stringent of security requirements.
Ad hoc
Annual General Meeting of VP Bank: All motions accepted
At the 55th ordinary Annual General Meeting of VP Bank held in Vaduz on Friday, 27 April 2018, shareholders approved all of the motions put forward by the Board of Directors. Raised dividends of CHF 5.50 per registered share A and CHF 0.55 per registered share B were approved.
Media release
VP Bank Ladies Open: The highlight of the golfing scene in German-speaking Switzerland
The VP Bank Ladies Open in Gams-Werdenberg is the only professional golf tournament for women in German-speaking Switzerland. Once again, the field of participants is truly top-class.
Media release
VP Fund Solutions: Record numbers on World Fund Day
Strong performance reported by VP Fund Solutions to mark today’s World Fund Day.
Media release
VP Bank once again receives “Risk Indicator 1” top rating
Dun & Bradstreet Worldwide has again given VP Bank Group its “Risk Indicator 1” rating. The rating certificate was awarded by Bisnode D&B Schweiz AG in March 2018.
Ad hoc
Significant growth in earnings, strong net inflow of new money and higher dividend for the 2017 financial year
VP Bank Group generated very strong group net income of CHF 65.8 million. Client assets under management rose by a substantial 13.0 percent. The tier 1 ratio amounted to an above-average 25.7 percent. The annual general meeting will be asked to approve a raised dividend of CHF 5.50 per registered share A and CHF 0.55 per registered share B.
Media release
VP Bank: Growing business – new location in Zurich
As of 1 March 2018, VP Bank will move to new offices at Talstrasse 59 in Zurich.
Media release
VP Bank supports junior musicians with “Festival Next Generation”
VP Bank continues to support “Festival Next Generation” in 2018 as presenting partner.
Ad hoc
Preliminary information: VP Bank increases its annual profit in 2017
VP Bank Group is expecting Group net income of around CHF 66 million, marking a significant increase on the previous year.
2017
Media release
International award for new VP Bank website
Redesigned VP Bank website receives iNOVA Award
Media release
VP Bank ranks among the best in the Fuchsbriefe test
VP Bank achieved the highest-level award in the “Tops 2018” of FUCHSBRIEFE.
Ad hoc
Dr Urs Monstein set to become new COO of VP Bank Group
Dr Urs Monstein joining Group Executive Management as Chief Operating Officer.
Media release
Award-winning: The quality of the VP Bank annual report has again been recognised
The 2016 VP Bank Group annual report has won multiple awards.
Media release
Gender Diversity: VP Bank safely ahead
According to a study, VP Bank Group has an exemplary proportion of women in management.
Media release
VP Bank goes for agile client consultancy
VP Bank has implemented first-class investment consultancy software for providing individual and precise investment advice and as background support for client advisors. Now the Liechtenstein-based private bank is going one step further: Using tablets, advisors can directly simulate various investment proposals to customers during consultations, with adjustments able to be made jointly.
Ad hoc
Dr Felix Brill is appointed Head of Investment Solutions at VP Bank
Economist Dr Felix Brill joins the group executive management of VP Bank as Head of Investment Solutions.
Ad hoc
Very good 2017 interim result for VP Bank Group: group net income 28.8 per cent higher at CHF 31.5 million, excellent inflow of net new money totalling CHF 1.1 billion.
VP Bank Group generated very strong group net income of CHF 31.5 million in the first half of 2017. The core capital ratio amounted to a sound 25.9 per cent. Thanks to continued intensive market development, significant inflows of client assets amounting to CHF 1.1 billion were recorded during the first half of 2017. Total operating income rose 16.4 per cent during the first half of the year. The result, adjusted to take account of the one-off effect of the agreement reached with the authorities in North Rhine-Westphalia, rose 74 per cent higher in year-on-year terms.
Media release
New user experience in all online services
The VP Bank Group is relaunching its online services, introducing state-of-the-art portal technology. This is an important step towards establishing a portal that is tailored to individual client needs.
Ad hoc
Preliminary information: VP Bank expects improved results for the first half of 2017
VP Bank Group has reported to expect higher net income for the first half of 2017 as compared to the same period in the previous year. This includes provisions for a single payment which is to be made to the German authorities as part of an agreement.
Ad hoc
Change in Group Executive Management at VP Bank
Martin C. Beinhoff, Member of Group Executive Management and Chief Operating Officer, will leave VP Bank Group at the end of June 2017. Information regarding his successor shall be provided in due course.
Ad hoc
VP Bank: buyback of shares on the standard trading line complete
VP Bank has completed the share buyback programme on the standard trading line announced on 6 June 2016. As of 31 May 2017, the Bank holds 8.66 per cent of its own share capital.
Media release
VP Fund Solutions: safely ahead in the fund business
Luxembourg RAIFs are one of today’s most popular investment fund vehicles. Ralf Konrad has been elected to the Executive Committee of the Liechtenstein Investment Fund Association.
Media release
The financial centre of the future - successful VP Bank Financial Dialogue in Luxembourg
Keying on the motto "New challenges - new business opportunities", VP Bank invited guests to the "VP Bank Financial Dialogue 2017" in Luxembourg on 18 May 2017.
Ad hoc
General meeting of VP Bank: All motions approved
Shareholders approved all proposals put to a vote by the Board of Directors at the 54th ordinary annual general meeting of VP Bank, which was held on Friday, 28 April 2017, in Vaduz. Included was the approval of a dividend increase to CHF 4.50 per registered “A” share and CHF 0.45 per registered “B” share.
Media release
VP Fund Solutions reports successful international growth on the occasion of World Funds Day
On World Funds Day 2017 VP Fund Solutions is pleased to announce the success it has enjoyed in attracting new client-managed investment funds.
Media release
VP Bank once again receives “Risk Indicator 1” top rating
Dun & Bradstreet Worldwide has again given VP Bank Group its “Risk Indicator 1” rating. The rating certificate was awarded by Bisnode D&B Schweiz AG in March 2017.
Ad hoc
2016 saw a very positive annual result for VP Bank Group: a group net income of CHF 58.0 million
VP Bank Group generated a very positive group net income for 2016, totalling CHF 58.0 million. In the previous financial year, VP Bank recorded an increase of 2.8 percent in client assets under management and the core capital ratio rose from 24.4 percent to an above average 27.1 percent. A higher dividend of CHF 4.50 per registered share A and CHF 0.45 per registered share B is being proposed to the General Meeting.
Ad hoc
Standard & Poor’s maintains «A–» rating for VP Bank and improves outlook to «Positive»
The rating agency Standard & Poor’s has maintained VP Bank’s «A–» rating, and the outlook is now positive.
Media release
VP Fund Solutions: VP Bank “Best Manager” equity funds receive top ratings
Three of VP Bank’s “Best Manager” equity funds received outstanding sustainability ratings. VP Fund Solutions (Liechtenstein) AG again received the “Investment Management Award”.
2016
Ad hoc
VP Bank Group expands Group Executive Management
VP Bank is adjusting its organisational and management structure effective from 1 January 2017: The General Counsel & Chief Risk Officer and Investment Solutions organisational units will be formed at Group Executive Management level. Monika Vicandi, current Head of Group Legal, Compliance & Tax, will be running the General Counsel & Chief Risk Officer organisational unit and joining the VP Bank Group Executive Management as of 1 January 2017. The new Head of Investment Solutions, whose recruitment is presently ongoing, will also join Group Executive Management.
Media release
EU passport provides VP Fund Solutions with EU access for Liechtenstein-registered alternative investment funds
Since October 2016, Liechtenstein-registered alternative investment funds and alternative investment fund managers can access the European domestic market. VP Fund Solutions benefits from this EU passport.
Media release
Award-winning: VP Bank’s annual report demonstrates quality
VP Bank Group’s annual report once again receives numerous awards.
Ad hoc
2016 semi-annual results of VP Bank Group: consolidated net income of CHF 24.4 million, very high core-capital ratio of 25.7 per cent, appreciable increase in operating results
In the first half of 2016, VP Bank Group generated a consolidated net income of CHF 24.4 million. The core-capital ratio rose from 24.4 percent to 25.7 per cent. As a result of intensive market-development activities, noticeable inflows of net new money could be realised in the first six months of 2016, primarily in Asia and in the area of investment funds. Operating expenses fell by 7.6 per cent.
Media release
Standard & Poor’s maintains “A–” rating for VP Bank and improves outlook to “Stable”
Standard & Poor’s maintains VP Bank’s “A–” rating, and the outlook is now stable.
Ad hoc
Preliminary information: VP Bank expects a fall in Group net income for the first half of 2016 – net operating income is set to increase significantly
Assuming that market circumstances remain unchanged, VP Bank Group expects a fall in Group net income for the first half of 2016 in comparison to the first half of 2015, where the integration of Centrum Bank had a positive one-off effect. Leaving aside this one-off effect, the Bank expects Group net operating income to significantly exceed the prior-year level.
Ad hoc
VP Bank: buyback of shares on the ordinary trading line
VP Bank AG is launching a public share buyback programme for a maximum of 120,000 listed registered shares A on the ordinary trading line on the SIX Swiss Exchange. The buyback period will run for up to one year.
Media release
VP Bank practices sustainability
Safely ahead: The Vaduz head office’s active commitment supports VP Bank’s Group-wide dedication to sustainability.
Media release
General meeting of VP Bank: all motions approved
All proposals made by the Board of Directors were approved at the 53rd annual general meeting of VP Bank in Vaduz. Lic. oec. Markus T. Hilti was re-elected as a member of the Board of Directors of VP Bank for a further three years, and Dr Christian Camenzind, lic. iur. Ursula Lang and Dr Gabriela Maria Payer were elected as new members of the Board of Directors. The proposal to make changes to the Articles of Incorporation for the conversion of bearer shares into registered shares was approved.
Media release
Anniversary book: A journey through time
On the occasion of its 60th anniversary, VP Bank is publishing its anniversary book A journey through time – 60 years of VP Bank. The book pays homage to the many people who have contributed to the successful development of the Bank in a variety of ways and at various levels.
Ad hoc
2015 annual results of VP Bank Group: substantially higher Group net income of CHF 64.1 million; net new money inflow of CHF 6.0 billion
In 2015, VP Bank Group earned a Group net income of CHF 64.1 million and achieved a 12.4 per cent gain in client assets under management. VP Bank’s core capital ratio rose from 20.5 per cent in the previous year to 24.4 per cent at the end of 2015. The Board of Directors will propose that shareholders at the annual general meeting on 29 April 2016 approve a dividend of CHF 4.00 per bearer share and CHF 0.40 per registered share. In addition, Dr Christian Camenzind, lic. iur. Ursula Lang and Dr Gabriela Maria Payer will be nominated for election to the Board of Directors.
Ad hoc
2015 annual results of VP Bank Group: substantially higher Group net income of CHF 64 million
VP Bank Group is expecting a substantially higher Group net income, in comparison to the previous year, of about CHF 64 million. The result has been significantly influenced by the merger with Centrum Bank AG.
2015
Media release
Award-winning: VP Bank’s 2014 annual report also recognised for its online quality
VP Bank Group’s 2014 annual report has won several awards.
Ad hoc
VP Bank: second fixed-price share repurchase successfully completed
The repurchase of own bearer and registered shares within the framework of a second public fixed-price offer of VP Bank, announced on 13 October 2015, was successfully completed today. 298,442 bearer shares and 10,200 registered shares had been repurchased by VP Bank. Following completion of the repurchase, VP Bank now holds a total of 9.28 per cent of the outstanding share capital and 6.05 per cent of the voting rights.
Ad hoc
VP Bank: second fixed-price share repurchase
VP Bank Ltd is carrying out a second repurchase of own bearer and registered shares within the framework of a public fixed-price offer. The repurchase period will run from 15 to 28 October 2015. The shares to be repurchased are also to be used for future acquisitions or for treasury management purposes.
Ad hoc
VP Bank Group restructures Group Executive Management
With effect from 1 January 2016, the VP Bank Group Board of Directors is adjusting the organisational structure and functions performed within Group Executive Management in response to economic and regulatory changes. Martin C. Beinhoff has been appointed as the new Chief Operating Officer.
Media release
Standard & Poor’s reconfirms “A–” rating of VP Bank
Rating agency Standard & Poor’s maintains the excellent “A–” rating (A–/A–2) of VP Bank Group.
Ad hoc
2015 semi-annual results of VP Bank Group: significantly higher consolidated net income of CHF 40.9 million; client assets at CHF 42.2 billion
In the first half of 2015, VP Bank Group earned a consolidated net income of CHF 40.9 million. Net operating income rose by 56.1 per cent. Compared to 2014, VP Bank recorded an 11.8 per cent increase in client assets under management.
Media release
VP Fund Solutions: VP Bank bundles its fund expertise
From the beginning of August 2015, VP Bank’s fund business in Luxembourg and Liechtenstein will operate under the single name VP Fund Solutions.
Ad hoc
VP Bank: fixed-price share repurchase successfully completed
The repurchase of own bearer and registered shares within the framework of a public fixed-price offer of VP Bank was successfully completed today. A total of 300,750 bearer shares and 114,080 registered shares were repurchased.
Ad hoc
VP Bank: fixed-price share repurchase
VP Bank Ltd is carrying out a repurchase of own bearer and registered shares within the framework of a public fixed-price offer. The repurchase period will run from 22 June to 3 July 2015. The repurchased shares are to be used for future acquisitions or for treasury management purposes.
Ad hoc
Integration of Centrum Bank has positive effect on 2015 semi-annual results of VP Bank
Due to the acquisition of Centrum Bank Ltd, VP Bank Ltd can expect a significant increase in consolidated net income as at 30 June 2015 compared to the first half of 2014.
Media release
Annual general meeting of VP Bank: all motions approved
All proposals made by the Board of Directors were approved at the 52nd annual general meeting of VP Bank in Vaduz. Fredy Vogt was re-elected as a member of the Board of Directors for a further three years, and Dr Florian Marxer was elected as a new member of the Board of Directors. The proposal for the bank to purchase its own shares was approved.
Media release
Extraordinary general meeting of VP Bank: all motions approved
At the extraordinary general meeting of VP Bank in Vaduz, the motions put forward by the Board of Directors of VP Bank regarding an increase in capital and the merger with Centrum Bank were approved.
Ad hoc
2014 annual results of VP Bank Group: Group net income of CHF 20.0 million and stable core capital ratio of 20.5 per cent
In 2014, VP Bank Group posted a Group net income of CHF 20.0 million. In the past financial year, VP Bank saw an increase of 1.8 per cent in client assets under management. Once again, it was possible to reduce operating expenses. At the annual general meeting, a dividend of CHF 3.00 per bearer share and CHF 0.30 per registered share will be proposed. Moreover, Dr Florian Marxer will be nominated for election to the Board of Directors.
Media release
VP Bank acquires all shares of Centrum Bank
As was announced in the media release from 1 December 2014, VP Bank Ltd’s acquisition of all shares of Centrum Bank Ltd has been executed according to plan. This means that as of 7 January 2015, Centrum Bank Ltd is a subsidiary of VP Bank Ltd.
VP Bank's communications guidelines
As part of its listing on the SIX Swiss Exchange, VP Bank is subject to the special publication duties applicable to listed companies. All releases required by supervisory law (in particular ad hoc releases) are issued to at least two information systems operated by professional market participants and two Swiss daily newspapers of national standing. In addition, interested parties may subscribe to ad hoc releases, and all media releases are available on our website for at least three years.
Contact us
Contact us easily by telephone, e-mail or contact form. Your contact person is Daniela Jenni, Head of Corporate Communications.