SUBSCRIBERS

Liechtenstein's VP Bank ready to make acquisitions in Asia

It seeks to buy a reasonably priced entity with long-term oriented growth and which fits its culture and size

Angela Tan

Angela Tan

Published Wed, Oct 25, 2017 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    Singapore

    ARMED with a healthy balance sheet and three supportive strategic shareholders, Liechtenstein private bank, VP Bank Group, is prepared to make acquisitions in Asia to accelerate growth.

    The bank, which focuses on asset management services for rich individuals and intermediaries, manages 41.5 billion Swiss francs (S$57 billion) of client assets worldwide. It sees vast investment opportunities in Asia.

    Copyright SPH Media. All rights reserved.