Reports
Liechtensteinische Landesbank Expects To Log Profits Jump For H1
The banking group said it expects a large rise in interim profits, according to preliminary figures.
Liechtensteinische
Landesbank expects to log an interim net profit of SFr60
million ($62.6 million) in the first six months of 2017, a surge
of 39 per cent on a year ago, with business volumes rising by
SFr2 billion to SFr60 billion.
Final, audited figures will be published on 24 August, LLB said
in a statement yesterday.
Operating income increased by 22 per cent to SFr190 million
(first half 2016: SFr155.1 million). Operating expenses stood at
SFr116 million (first half 2016: SFr108.5 million).
