Transactions with the Principality of Liechtenstein

(XLS:)

in CHF thousands

2011

2010

+/– %

*

Mainly net fee and commission income.

**

Relates to the compensation payment for the state guarantee. In July 2005, the EFTA supervisory authority decided that the state guarantee extended to the LLB could remain in effect. The annual compensation payment for the state guarantee is calculated on the basis of criteria specified in EEA law and on the total amount of the savings deposits and medium-term notes covered by the state guarantee. This ruling shall remain in effect for at least the next eight years.

Deposits

 

 

 

As at 1 January

269'563

183'036

47.3

Change

13'726

86'527

–84.1

As at 31 December

283'289

269'563

5.1

 

 

 

 

Loans

 

 

 

As at 1 January

45

1'993

–97.7

Change

2'123

–1'948

 

As at 31 December

2'168

45

 

 

 

 

 

Income and expenses

 

 

 

Interest expenses

–280

–197

42.1

Interest income

4

1

300.0

Other income*

492

1'567

–68.6

Other expenses**

–418

–412

1.5

Total

–202

959

 

No guarantees have been granted by the LLB Group for third parties on behalf of the Principality of Liechtenstein.

top of page