Bank Frick authorised by SIX as a new crypto asset custodian
Bank Frick has been approved by SIX as a custodian for crypto assets and can thus continue to act as a custodian for crypto ETPs.
We are the entrepreneurial and innovative Bank for financial intermediaries and professional clients. Our aim is to make your life easier. We offer you all banking services as a modular concept from a single source.
Digitalisation is part of our essence, just like personal contact with our clients. You will benefit from the streamlined processes and the long-term strategic direction of our family-run universal bank – since 1998.
Bank Frick has been approved by SIX as a custodian for crypto assets and can thus continue to act as a custodian for crypto ETPs.
We would like to point out that there is no connection between the e-mail address “corporate[at]bankfrick.cc” and Bank Frick. This e-mail address is being misused by third parties to falsely create the impression that it originates from our bank.
Bank Frick reported a substantial net profit of CHF 5.5 million in the first half of 2024 and is adhering to its growth strategy. Investments in staff and infrastructure remain high. Despite the persistently uncertain economic situation, Bank Frick expects an annual profit of CHF 12 million.
We would like to point out that there is no connection between letters sent on behalf of Bank Frick by the operators of the «www[dot]investgurus[dot]de» website and Bank Frick.
Durch die jüngste Erweiterung von Bank Frick xPULSE, ist das Spot-Devisengeschäft für Bank-Frick-Kund:innen von Montag, 6.00 Uhr, bis Freitag, 22.00 Uhr MEZ, verfügbar.* **
Bank Frick und die Universität Liechtenstein freuen sich, die Verlängerung ihrer erfolgreichen Kooperation um weitere fünf Jahre bekannt zu geben. Im Rahmen dieser Zusammenarbeit wird an der Universität Liechtenstein das Bank Frick Innovative Finance Lab gegründet, welches als Zentrum für innovative Finanzforschung und -lehre fungieren wird.
Since their introduction, Actively Managed Certificates (AMCs) have become a significant component of the European financial market. As a structured product, legally classified as debt securities, they hold a counterparty risk for the investor that is comparable with other structured financial products. AMCs are securitised, which gives the holder the right to cash repayment or the delivery of an underlying asset. As the buyer, the investor becomes a creditor of the issuer and thus dependent in terms of the type and amount of repayment, which is subject to different parameters.
Bank Frick closed 2023 with a record profit of CHF 13.5 million, underscoring the sustained growth path. This was 6.9% ahead of expectations.
Balzers, 15 April 2024 – Bank Frick presents a new brand identity to mark its 25th anniversary. The new brand design is not just a visual update: it symbolises Bank Frick’s drive to continue offering compelling and innovative financial products in the future.
The introduction of staking services and the additional expansion of our portfolio to include Solana (SOL) and Polygon (MATIC) at the end of the year have seen us expand our range of services. In addition, we now also offer our customers custody (including staking) of the following cryptocurrencies: Avalanche (AVAX), Chainlink (LINK), NEAR Protocol (NEAR) and Cosmos (ATOM).
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.
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