Annual Report 2022 Partnerships

Seize opportunities through partnerships.

Strategic partnerships are a key pillar of VP Bank's Strategy 2026. Successful cooperation and systematic access to external partners' expertise is essential for the development of innovative, client-focused solutions.

This Annual Report presents a selection of six partnerships established by VP Bank in various fields - from technology, innovation, knowledge and client solutions through to distribution.

Further information concerning this cooperation can be found in the online report at report.vpbank.com as well as through daily engagement with the VP Bank team.

Shareholder information

VP Bank at a glance

  • Founded in 1956
  • Third-largestbank in Liechtenstein
  • Approximately 1,000 employees
  • Listed on the SIX Swiss Exchange in Zurich
  • Rated "A" by Standard & Poor's
  • Headquarters in Vaduz, Principality of Liechtenstein, along with five other locations at important international financial centres in Zurich, Luxembourg, Singapore,
    Hong Kong and Tortola (BVI)
  • Focus on asset management for intermediaries and private persons, also operating as a universal bank on the Liechtenstein domestic market
  • International fund competence centre

Goals for Strategy 2026

  • Growth:
    • net new money >4% p.a. over the cycle
    • income growth of 4-6% p.a. over the cycle
  • Profitability: cost/income ratio below 75% by 2026
  • Stability: Tier 1 ratio above 20%

Agenda 2023

Annual results

7 March 2023

Annual general meeting of shareholders

28 April 2023

Dividend payment

5 May 2023

Semi-annual results

17 August 2023

Master data

Registered shares A, listed on Swiss Exchange (SIX)

SIX symbol

VPBN

Bloomberg ticker

VPBN

Reuters ticker

VPBN.S

Security number

31 548 726

ISIN

LI0315487269

The complete annual report is also available online and can be downloaded as a pdf.

Annual Report 2022 Partnerships

Annual Report 2022

report.vpbank.com

Key figures of VP Bank Group

Our financial year 2022

Net income

Client assets1

Total operating income

CHF million -20.7%

CHF billion

-9.4% CHF million +2.0%

73.5

54.7

50.6

41.6

40.2

31.12.18

31.12.19

31.12.20

31.12.21

31.12.22

47.4

51.3

327.8

319.0

329.9

336.4

46.8

46.4

290.8

41.5

31.12.18

31.12.19

31.12.20

31.12.21

31.12.22

31.12.18

31.12.19

31.12.20

31.12.21

31.12.22

Operating expenses

Total assets

Total shareholders' equity

CHF million +7.0%

CHF billion

-4.3% CHF million +1.5%

269.5

272.1

291.2

12.4

13.4

13.5

13.2

12.6

981.6

1,026.3

1,025.1

1,085.6

1,102.1

232.3

244.8

31.12.18

31.12.19

31.12.20

31.12.21

31.12.22

31.12.18

31.12.19

31.12.20

31.12.21

31.12.22

31.12.18

31.12.19

31.12.20

31.12.21

31.12.22

Cost/income ratio2

Tier 1 ratio

Dividend

in per cent

in per cent

CHF

79.9

84.5

82.5

86.6

20.9

20.1

20.8

22.4

21.7

5.50

5.50

5.00

5.00³

74.7

4.00

31.12.18

31.12.19

31.12.20

31.12.21

31.12.22

31.12.18

31.12.19

31.12.20

31.12.21

31.12.22

31.12.18

31.12.19

31.12.20

31.12.21

31.12.22

  1. Client assets under management excl. cudstody assets
  2. Operating expenses / total operating income
  3. Proposal to the annual general meeting

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Disclaimer

VP Bank AG published this content on 20 June 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 June 2023 11:46:00 UTC.