Bank Frick achieved good results in the 2024 financial year with a net profit of 9.5 million francs and continued its growth and investment strategy. In addition to net new money of 732 million francs, client assets under management also developed very well, recording strong growth of 37.62 percent.
Bank Frick is expanding its international presence with plans to establish a branch in the finance and growth market of Dubai. This step will enable the Bank to pursue its strategy and strengthen its position as a product leader and blockchain pioneer.
Bank Frick has received the internationally recognised ISO 27001 certification, which is a strong sign of its commitment to information security. The award confirms the Bank’s high standards when it comes to protecting sensitive data and strengthens its position as an innovative and trustworthy partner in the finance industry.
Bank Frick has received approval from the municipality of Gamprin for a building lease plot in Unterbendern. Once completed, its new head office will have room for up to 700 employees. The new building will meet the Bank’s growing need for space, bring its employees back together at one location and use a multifunctional, future-oriented solution.
What sets Bank Frick apart from other banks? What role do blockchain business models play? And what vision is the bank pursuing? CEO Edi Wögerer spoke about these questions in an interview with the business magazine «Business Focus», which appears in the US daily newspaper «USA Today».
Bank Frick and Stablecoin Standard will work together strategically to advance the development of secure and transparent stablecoin solutions. The target of the partnership is to promote innovation and create stable, regulatory-compliant models.
Bank Frick will be closed for the holidays from Tuesday, 24 December 2024 to Thursday, 26 December 2024. The following week, Bank Frick will be closed from Tuesday, 31 December 2024 to Thursday, 2 January 2025. Payment orders that are still to be considered for 2024 must be submitted to the Bank by Friday, 27 December 12.00.
Blockchain technology, first demonstrated in 2010 through a historic Bitcoin transaction, has evolved far beyond cryptocurrencies, offering solutions for transparency, efficiency, and decentralization across industries. Its core principles—decentralization, transparency, and immutability—enable secure, peer-to-peer transactions without intermediaries. Innovations like Ethereum's smart contracts have expanded blockchain's capabilities, impacting supply chains, automation, and governance.
Despite concerns about energy use, modern blockchains are increasingly energy-efficient, and misconceptions about complexity or security often stem from misunderstandings. For nonprofits, blockchain offers transformative potential: donations can be transferred quickly, cost-effectively, and transparently, ensuring more funds reach beneficiaries while improving accountability and impact measurement.
As blockchain reshapes societal structures and trust, it presents nonprofits with powerful tools to amplify their impact. Organizations willing to embrace this innovation will be well-positioned to drive meaningful change in an interconnected digital world.
“Come in!” With these words, Bank Frick apprentices Nico and Luca, together with the HR manager Andrea, welcomed 15 children to the National Zukunftstag today. In the main building in Balzers, the children discovered the fascinating world of crypto and blockchain - a subject area in which Bank Frick is one of the pioneers throughout Europe. In addition to a crash course on these topics, the young guests were given insights into other business areas such as classic banking, fund and capital markets and e-commerce.
Vaduz – As part of its partnership with the University of Liechtenstein, Bank Frick is awarding a scholarship to cover participation in the blockchain and fintech certificate programme or the blockchain and fintech CAS. The deadline for applications is 13 December 2024, and the course will begin on 9 January 2025.
Founded in 1998 by Kuno Frick, Bank Frick continues to be a family-run business. With the Frick family as the owners, the responsibilities are clear. This also guarantees the prudent further development of the institute.
We were the first bank in Europe to enable the trading and secure custody of crypto assets in the regulated environment. Every day, we think about which innovations we could provide to take you further: loan securitisations on the blockchain, tokenised funds or block orders in online banking.
When it comes to assets, stability and security are what counts. These are offered by Bank Frick as well as by our homeland: Liechtenstein sets itself apart through its solid surpluses, the strong Swiss franc as the national currency and its political stability.
Do you want to grow with our bank? We offer excellent prospects for curious students, motivated new starters, ambitious graduates and experienced specialists and managers.
