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Liechtenstein financial center operates sustainably
According to Prince Michael, the financial center of Liechtenstein is in a good position when it comes to sustainability. In general, he advocates for personal responsibility and autonomy in the implementation of the Sustainable Development Goals set by the United Nations.
LGT enters into UN banking alliance for the climate
LGT Private Banking is one of the 43 founding members of the Net-Zero Banking Alliance of the United Nations. By signing the accession agreement, members commit to becoming carbon neutral by 2050. Investments that are harmful to the environment must be removed from the portfolios.
Financial center remains on growth course
The Liechtenstein financial center has proven to be crisis-resistant during the coronavirus pandemic. Assets under management at Liechtenstein banks increased to 365.4 billion Swiss francs in 2020. Only a small increase in non-performing loans was observed.
Liechtenstein remains on recovery course
Liechtenstein’s economic prospects remain positive on an international comparison. Goods exports have been increasing again since mid-2020. The inflation trend will determine the development of the financial market. These are the findings of the Financial Market Authority in its most recent Economics Monitor.