The new VP Bank head office at Aeulestrasse 6, Vaduz, is built in the years preceding 1984.
The share of total assets accounted for by equity increases to 10.3 per cent. This figure is significantly higher than the average for Swiss banks.
On 7 March, VP Bank launches its own shares on the Zurich Exchange’s side market. In the form of the VP Bank shares, a Liechtenstein equity security is traded on an exchange for the first time.
The spatial conditions for the 150 employees, which had been very cramped until this time, are improved significantly upon occupancy being taken of the prestigious new Bank building at Aeulestrasse 6, Vaduz.
The International Advisory Board is created as a consultative body, which goes on to advise VP Bank until 2010.
From 18 March, the VP Bank securities are traded on the main stock exchanges in Zurich, Basel, Geneva and St. Gallen. The participation capital is increased to CHF 30 million and participation certificates commence trading on the exchanges in Frankfurt a. M. and Munich.
VP Bank strengthens its international activities. It establishes VP Bank (Luxembourg) SA, which receives a full license in 1989. In Zurich, the Bank sets up VPB Finance Ltd.
On 20 April, the annual general meeting elects Princely Councillor of Commerce Dr Heinz Batliner as the first full-time Chairman of the VP Bank Board of Directors.
To alleviate the need for space, VP Bank expands the main building in Vaduz between 1991 and 1994 with the new modernly designed “Giessen” building, where a trading centre is developed.
Together with Allgemeines Treuunternehmen (ATU), VP Bank sets up VP Bank and Trust Company (BVI) Ltd as a joint venture on the British Virgin Islands. Its subsidiary, VP Bank (BVI) Ltd, receives its banking license on 29 September.
Between 1996 and 1998, VP Bank’s top management undergoes a generation change. At the annual general meeting of 19 April, Princely Counsel Hans Brunhart, the long-time Liechtenstein head of government, takes over as Chairman of the Board of Directors from Heinz Batliner, who is appointed Honorary Chairman. The Executive Board is supplemented by the corporate planning area headed up by Fredy Vogt. In 1998, Dr Rolf Kormann hands over the position as Chairman of the Executive Board to Adolf E. Real.
With “VP Link”, professional clients are given the opportunity to process their transactions electronically. This option is also provided to private clients from December 2000 with “more4u”. Both products are replaced by the “VP Bank e-banking” platform in 2004.
IFOS Internationale Fonds Service Aktiengesellschaft, Vaduz, (today VP Fund Solutions (Liechtenstein) AG), is founded.
In the 2000 financial year, VP Bank generates the best result since its foundation with a Group net income of CHF 197 million.