🏢 Basic Overview
Bank Frick AG (Bank Frick) is a family-owned private bank registered in Balzers, Liechtenstein, established on 21 December 1998 (LEI registered on 20 December 1998).
Currently 100% owned by the Kuno Frick Family Foundation (KFS), it was acquired by Net1 in stages (up to 70%) from 2017 to 2021 and returned to family control in 2021. The latest employee size is about 239, and the total assets are about CHF 215 million (2023).
The bank has a business registration number in Liechtenstein under FL-0001.548.501-4, LEI: 529900RQOBT3ZJMDRK43 and status ACTIVE. Operations are normal, with no signs of bankruptcy.
👥 executives and advisory team
Board of Directors:
Dr Mario Frick (Chairman, former Prime Minister of Liechtenstein since 2008).
Rolf Jermann (Vice Chairman, since 2016, former Head of Credit at VP Bank)
Marianne Müller (Member of the Board of Directors, since 2022, Senior Audit Compliance Specialist)
Management:
Edi Wögerer (CEO, Head of Operations since 2014, joined the industry since 2000)
Michael Dolzer (COO, promoted since 2019, former Head of IT)
Melanie Mündle (CFO, head of finance and compliance since 2017, joined the industry since 2006)
has no clear "advisory team" to publicly disclose information.
🧩 Corporate structure and equity
Full name: Bank Frick AG; Abbreviation: Bank Frick
Parent Company: Kuno Frick Family Foundation (KFS), a wholly-owned
subsidiary/parent company (wholly-owned or controlled):
BF Receipts Ltd.（100%）
MZ‑Holding AG（100%）
Priller Immo AG（94.12%）
21. funds SICAV (100%), etc.
, have established Distributed Ventures AG and The DLT Markets AG (2019), and have invested in foreign companies such as DisrupTech AG and Cadeia GmbH.
🏷 Company nature and classification
belongPrivate, family-run universal bank, which is positioned as a financial intermediary bank, focuses on providing services to professional customers such as fintech, asset management, fund issuance, payment service providers, etc. It is a blockchain/crypto banking business (regulated blockchain bank) and is a pioneer in crypto asset banking in Europe.
🧾 Technical infrastructure
self-developed online account opening, batch order execution platform (since 2020)
and docking exchanges such as Payward (Kraken's parent company) to achieve
multi-layer bank-level security system custody for digital asset transactions, has obtained ISO 27001 Information Security Certification
✅ Compliance and risk control system
Regulatory Body and License Type
Bank Frick AG is regulated by the Liechtenstein Financial Market Supervisory Authority (FMA) and holds a full banking license (under the Banking Act) and a Token & TT service license（Token Creator、Token Issuer、TT Identity、TT Custodian）。 Registration is effective from the effective date of the Token and TT Service Provider Act on 2020-01-01.
License Details
Banking License: Registration No. FL-0001.548.501-4; LEI 529900RQOBT3ZJMDRK43, registered since 21 December 1998.
TT Service License: All four licenses are effective from 2020-01-01, and the FMA registration sequence can be queried.
Additional Recognition
2024-10-11 Recognized by SIX Exchange Regulation AG as a Crypto Asset Custodian with ETP custody qualifications.
Compliance Risk Control Framework
- follows a
three-line model covering business, risk and compliance, and an internal audit
risk control system that complies with CRR Article 435 and is implemented The information security of the ICAAP/ILAAP capital and liquidity assessment mechanism
has passed ISO 27001 certification, and is equipped with hardware security modules, insurance mechanisms, and
other financial reports are independently audited (in line with international auditing standards ISAs), and risk control and compliance information
🏦 Deposit and withdrawal methods and trading software
Deposit: Support Postal CHF, IBAN bank account, SWIFT, SEPA
withdrawal: Withdraw
trading instruments through the corresponding account : The online banking platform supports securities, derivatives, and multi-exchange token trading; API and RULEMATCH platform interface (2025-06 online sponsorship access)
📞 Customer Support & Empowerment
Exclusive Relationship Managers service professional customers
provide blockchain regulatory consultation, such as The Blockchain Act Application Guide
regularly publishes industry reports (Annual/Semi Annual) and collaborates with institutions such as Stablecoin Standard, SIX, and Payward
🛠 Technical foundation and ecological cooperation
Technology Integration Payward (Kraken), SIX ETP, RULEMATCH, USD Stablecoin Standard Partners and more
Investment/Incubation DisrupTech, Cadeia, DLT Markets, Distributed Ventures et
🌍 Social Responsibility and ESG
There are no public ESG reports, but it has participated in demonstrated social responsibility such as fund transparency and local food platform DisrupTech. ISO 27001 certification is also a reflection of information security and responsibility.
📊 Financial status and health
2023 Net Gain CHF 13.5 M, Customer Assets CHF 4.1 B
2024 H1 Net Gain CHF 5.5 M, Total Assets CHF 2.5 B, AUM Growth to CHF 5.25 B
Strong capital structure, continuous profitability, unqualified audits, controllable risks, stable cash flow and capital adequacy
🎯 Market positioning and competitive advantage
positioning: professional customer and financial intermediary services 1
Advantages: The only bank in Liechtenstein with a Visa/Mastercard acquiring license, a pioneer in early compliance crypto services, a strong family holding background and a flexible decision-making mechanism
📈 Strategic cooperation ecosystem
SIX crypto asset custody cooperation
and Stablecoin Standard jointly develop a stablecoin mechanism
and access to SIX with the Payward/Kraken collaborative trading platform
RULEMATCH platform cooperation
🛣 Future roadmap
Continue to expand the construction of the Dubai branch (completed in the second half of 2025).
Gamprin's (Bendern) new headquarters accommodates approximately 700 employees
and is deeply involved in the stablecoin, token issuance and structured digital product markets,
and increases technology and personnel investment to consolidate its leadership in
