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In a challenging market environment, VP Bank Group posted net income for the year of CHF 40.2 million in 2022. Earnings power proved to be resilient, which made it possible to invest further in Strategy 2026 as planned. The Board of Directors proposes an unchanged dividend of CHF 5.00 per share.
The key financial results for the 2022 financial year in overview:
- All regions made a positive contribution to Group net income, with the Liechtenstein home market, in which VP Bank operates as a universal bank, remaining the key pillar in the revenue mix.
- Net new money inflow amounted to CHF 1.1 billion, representing growth of 2 per cent.
- Client assets under management fell by 9 per cent to CHF 46.4 billion as a result of the slowdown on the...
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