High equity ratios
On average, Liechtenstein banks with a core capital ratio of 17 % hold more than twice the funds required by Basel III. With an equity capital ratio of more than 19 %, the LLB is even above this average.
The high equity capital ratios of Liechtenstein banks meant that, even during the financial crisis, no bank had to seek support from the State.
Economic area with Switzerland
The Swiss franc has always been considered a stable currency. Measures such as the early introduction of a debt brake or the consistent restructuring of state pension solutions by Switzerland clearly show the importance of a balanced national budget. These framework conditions of the neighbouring country have a stabilising effect for the Principality through the common currency area.
High security through strong supervision and regulation
The Principality has long since ceased to be comparable with unregulated tax havens, even if this is still firmly anchored in the minds of many investors. This is ensured by the Liechtenstein Financial Market Authority, which also supervises Estably Vermögensverwaltung AG.
The central tasks of the FMA Liechtenstein include the protection of clients, the guarantee of the stability of the Liechtenstein financial market, the prevention of abuses, and the implementation of and compliance with recognized international standards. In this way, the FMA makes an important contribution to securing the confidence of investors.
EEA benefits without EU membership and the ESM Treaty
Liechtenstein can use the advantages of the EU without having to bear the liability disadvantages of the ESM. Through access to the European single market, Liechtenstein’s banks and insurance companies also have full freedom to provide services in all EEA States, which comprise more than 500 million citizens.
Stable framework conditions
The direct democracy combined with the constitutional hereditary monarchy provides a very stable political framework. In concrete terms, this stability leads to a solid social, legal and economic order, to a high level of security within the country and to strongly developed civil rights and freedoms.