HK Mason Group Acquires Raiffeisen Privatbank Liechtenstein for CHF 58.6 Million
Hong Kong listed Mason Group Holdings has acquired Raiffeisen Privatbank Liechtenstein AG for CHF 58.6 million.
” HK Mason Buys Raiffeisen Privatbank Liechtenstein for CHF 58.6 Million “
With the acquisition, Mason Group, an investment holding company focusing on financial businesses will be able to offer sophisticated private investors and high-ranking asset managers from Asia. Raiffeisen Privatbank Liechtenstein will be able to open up the Asian markets through targeted investments.
Raiffeisen Privatbank was founded in 1998 as a subsidiary of Walser Privatebank AG.
Alexander Putzer, Chairman of the Executive Board:
“The core market of Raiffeisen Privatbank Liechtenstein is and will remain German-speaking Europe. Our team continues to focus on our demanding clientele in our home region. In addition, with the entry of Mason Group Holdings, our bank is now offering interesting growth prospects with Asian customers who particularly value the quality of European private banking as well as the stability of Liechtenstein. For the customers and partners of the Raiffeisen Privatbank Liechtenstein nothing changes, the bank will continue its business in the usual way. In addition, all contacts remain the same.”
Dr. Georg Stöckl, member of the Executive Board of the Raiffeisen Privatbank Liechtenstein:
“The quality of our team and services was a major reason for Mason to opt for a purchase of Raiffeisen Privatbank Liechtenstein. Accordingly, we do not want to change this either. With a strong partner such as the Mason Group, we are also getting a particularly financially strong owner who will further strengthen our company.”
Source: Official Press Release, finews.asia
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