Business performance and outlook
LGT Group: key data as at 30 June 2008
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Assets under administration
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CHF 79.0 bn
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Total assets
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CHF 24.4 bn
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Group equity capital
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CHF 2.6 bn
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Total operating income
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CHF 393.2 m
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Net profit of LGT Group
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CHF 93.6 m
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Employees at 29 locations in Europe, Asia and the Middle East
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1732
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Standard & Poor’s / Moody’s rating of LGT Bank in Liechtenstein Ltd.
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A+ / Aa3
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LGT Group posts net profit of CHF 94 million for the first half of 2009
The first half of 2009 continued to be marked by the financial crisis and its effects on the real economy. In this volatile and uncertain environment, LGT Group achieved a good result. Despite the lower asset base compared with the same period in the previous year, and the sale of its trust business which was realized with retroactive effect to 1 January 2009, total operating income was down by only 9% to CHF 393 million. Thereby income from services and commissions was reduced by 32%, whereas interest income rose by 74%, even though the Group continued to pursue its conservative risk policy. Income from trading activities and other income rose by 21%.
Media communiqué Half-Year result 2008 (PDF)
Your contact
- Liechtenstein
- Tel: +423 235 1122
- Austria
- Tel: +43 1 22759-0
- Switzerland
- Tel: +41 61 277 5600
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- Tel: +65 6415 3800
- Hong Kong
- Tel: +852 2523 6180
