VP Bank Discloses Singapore AUM
Liechtenstein-based VP Bank disclosed for the first time ever the amount of assets under management it had in its Singapore business.
VP Bank’s Singapore business, alongside Switzerland and Luxembourg, is organized as part of its international segment led by Felix Brill, who was appointed to the role in January. In 2025, this segment saw assets decline slightly to 16.2 billion Swiss francs ($20.6 billion) compared to 16.4 billion francs in 2024, according to the bank’s financial results.
By individual markets, Singapore accounted for around 20 percent, or 3.2 billion francs, alongside 30 percent in Luxembourg (4.9 billion francs) and 50 percent in Switzerland (8.1 billion francs). This marks the first time ever that the bank provided such a breakdown.
There have been questions surrounding VP Bank’s financial standing in recent years after its profit more than halved in 2024. Asia was one of the areas of concern after the Liechtenstein-based private bank closed its operations in Hong Kong while retaining Singapore.
In 2025, VP Bank’s profit rebounded by nearly 155 percent to 47 million francs. Assets under management globally rose 5.8 percent to 53.7 billion francs with 1.2 billion francs of net new money.
