Bank Frick Confirms Review of Strategic Options, Including Potential Majority Stake Sale

Strategic Review Underway

Bank Frick, a leading bank in Liechtenstein specializing in digital B2B banking, officially confirmed on February 26, 2026, that it is evaluating strategic options. This review includes the potential admission of long-term partners or investors, with a majority stake sale being a distinct possibility. The bank stated that this initiative is part of a strategic development framework established at the beginning of 2025, aiming to advance its next growth stage and further strengthen its digital B2B banking activities.

The process is being supported by PwC and is described as being conducted 'without time constraints and with a clear focus on enhancing the strategy that is already in place.'

Conditions for Partnership and Ownership Structure

Any potential partnership would be subject to clear conditions. These include strengthening the bank's position in digital B2B banking, safeguarding its presence in Liechtenstein, and retaining its employees. The range of options under consideration encompasses both minority shareholdings and, where there is a strong strategic fit, a majority stake.

Currently, Bank Frick is wholly owned by the Kuno Frick Family Foundation. The family regained full ownership in 2021 after buying back a 35 percent stake from NET 1 UEPS Technologies. This followed an earlier agreement in 2019 for NET 1 UEPS Technologies to acquire a 70 percent controlling stake, a deal that ultimately did not materialize.

Focus on Digital B2B Banking and Recent Performance

Bank Frick emphasizes its role as 'a pioneer in blockchain banking solutions' with 'extensive experience and a well-established offering.' The bank's B2B platform connects digital assets with traditional banking services, underscoring its ambition to be a leading provider in this sector.

In terms of financial performance, Bank Frick reported a net profit of 9.5 million francs in 2024. For the first half of 2025, the bank posted a net profit of 4.5 million francs, an 18 percent decrease compared to the same period in the previous year. Client assets under management stood at 5.03 billion francs as of mid-2025, an 11 percent decline from year-end 2024. Despite these figures, the bank maintains a forecast of an annual profit of 9 million francs for 2025, asserting that the strategic review is a proactive growth measure rather than a defensive one.