Kaiser Ritter Partner Privatbank of Liechtenstein won new client assets of Sfr 728m (€516m) during 2009 which it attributed to its focus on tax compliance.

Privatbank is part of Vaduz-based wealth adviser Kaiser Ritter Partner. Privatbank's assets were up a net 26% on the previous year to CHF1.8bn. However at Sfr 3.1m profit remained around the same level as the previous year, due to low market interest rates, said the bank.