Wealth and Asset Management
LGT and LLB establish Liechtensteinisches Pfandbriefinstitut
LGT and Liechtensteinische Landesbank have jointly established the Liechtensteinisches Pfandbriefinstitut (LPBI). With this step, the Liechtenstein financial centre will, for the first time, have the capacity to issue Pfandbriefe (covered bonds) – an internationally established class of debt instrument secured by first-lien mortgages on Liechtenstein real estate. The new institute…
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