Vaduz, 18 March 2019. LGT, the international private banking and asset management group owned by the Princely House of Liechtenstein, reported further profitable growth and a substantial rise in group profit of 11% to CHF 314.1 million for the 2018 financial year. The results attest to LGT’s broad earnings base, which is particularly beneficial in a challenging market environment, and its disciplined cost management with prudent investments. Net asset inflows were solid at CHF 6.8 billion. Assets under management decreased 2% to CHF 198.2 billion due to market and currency effects. With the recent opening of a new Private Banking location in Bangkok, LGT aims to build out its established position in the Asian market and further increase its presence in growth markets.

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