The corporate strategy of the LLB Group
The new strategy, ACT-26, is a consistent further development of the LLB Group. It continues the successful growth path of the past years, but it also stands for technological and sustainable transformation.
ACT-26 stands for taking action and at the same time for ACceleration & Transformation. As part of this strategy, the LLB Group is relying on three core elements:
Growth
Over the next five years, the LLB Group aims to significantly further increase its business volume: firstly, through accelerated organic growth and, secondly, through targeted acquisitions. These aims are based on the security and stability of the LLB Group, combined with excellent investment competence and investment performance for private and institutional clients. In our private and corporate client business, we also want to expand our position in Liechtenstein and our very strong position in Switzerland.
Efficiency
The LLB will continue to rely heavily on personal service for its clients using a hybrid advisory model supported by technology. Our digital client platform will be further modernised, and our range of digital products and services for all client groups will be further expanded. The LLB Group will take an agile approach so that we can respond consistently to ever-changing client needs. At the same time, the LLB Group will simplify, standardise, and automate its core processes to increase efficiency and make the bank more scalable. The LLB Group is investing CHF 100 million in digital transformation for this purpose over the next five years.
Sustainability
Sustainability has always enjoyed a high priority at LLB. We want to play a leading role in this area and have therefore set ourselves ambitious goals. For example, we want to become completely climate-neutral by 2040 – ten years earlier than most of our competitors. On the way to achieving this goal, we will significantly reduce the carbon emissions of our banking operations and those of our client portfolios. In addition, we will continue with the process of making our products sustainable and add more innovative products to our range. We have already made great progress in realising these objectives.
Overview of the LLB Group's financial targets
With our ACT-26 strategy, we are focusing on achieving the following financial targets by the end of 2026:
- Growth: Growth in new client funds and loans to clients of at least 3% annually
- Efficiency: A maximum cost/income ratio of 65% in 2026
- Sustainability: Reduction of the LLB Group's entire CO2 emissions to net zero by 2040 at the latest
We are also aiming for a Tier 1 ratio of more than 16%.