News

Bank Frick launches certificate for cryptocurrencies

18. Sep. 2017Press release

Bank Frick has become the first Liechtenstein bank to launch a certificate based on cryptocurrencies. This offers investors an easy way to add cryptocurrencies to their portfolios. To address the complexity inherent in cryptocurrencies, Bank Frick has had to put the relevant structures in place and build up a wealth of know-how in this field.

Categories: Press release

Tags:

Read more

Financial Market Authority approves Net1 shareholding in Bank Frick

13. Sep. 2017Press release

The Liechtenstein Financial Market Authority (FMA) has completed the qualifying holdings procedure in respect of the shareholding of Net1 UEPS Technologies, Inc. (Net1), in Bank Frick & Co. AG. The FMA has issued its approval for the transaction which was announced in January 2017. Net1 has now acquired a 30 per cent stake in Bank Frick. The acquisition of this stake represents a strengthening of the successful current partnership between Bank Frick and Net1, as well as an expansion of the Bank’s business activities.

Categories: Press release

Tags:

Read more

Bank founder Kuno Frick Sr passes away aged 78

27. Jun. 2017News

Kuno Frick Sr, the Bank’s founder, Honorary President and member of the Board of Directors passed away last night at the age of 78. He had to undergo major surgery a few weeks ago. Weakened by the surgery, he suffered complications from which he was unable to recover.

Bank founder Kuno Frick Sr passes away aged 78

Categories: News

Tags:

Read more

Bank Frick raises equity by 9% in the 2016 financial year

25. Apr. 2017Press release

The Liechtenstein Bank Frick concludes the challenging 2016 financial year successfully. Profit amounts to CHF 3.2 million (previous year: 1.8 million). Income from normal business activities of CHF 10 million is driven by one-off income from the Payment Services strategic business unit. Of this amount, CHF 7 million has been allocated to provisions. The Bank’s own equity capable of being offset now amounts to CHF 85 million (+9%). Bank Frick’s Tier 1 ratio is 22.8%.

Bank Frick raises equity by 9% in the 2016 financial year

Categories: Press release

Tags:

Read more

Net1 acquires a 30 per cent stake in Bank Frick

24. Jan. 2017Press release

The owners of Bank Frick & Co. AG, the Liechtenstein bank, have sold a 30 per cent share to the Nasdaq-listed NET1 UEPS Technologies, Inc. (Net1). The new investor, Net1, is a leading provider of transaction processing solutions, mobile payment solutions and online transaction services. This stake acquisition represents a strengthening of the successful current partnership between Bank Frick and Net1, as well as an expansion of the Bank’s business activities.

Categories: Press release

Tags:

Read more
RSS
123