Centrum Bank

IFBC supported Marxer Stiftung für Bankwerte on the sale of Centrum Bank Ltd., Vaduz to VP Bank Ltd. Our support covered the development of the transaction structure, the company valuation and the negotiations on the SPA as well as closing activities. Centrum Bank AG, Vaduz was prior to the sale the fourth-largest private bank in the Principality of Liechtenstein with more than 6 billion CHF assets under management. The bank focuses on investment advisory services, asset management and financial consulting dedicated to domestic and international clients/high net individuals. As of 7 January 2015, Centrum Bank Ltd. became a wholly owned subsidiary of VP Bank Ltd. The merger of VP Bank Ltd. and Centrum Bank Ltd. will be completed in the coming months.