The bank was established in Liechtenstein in November 1920. After almost a century of successful work LGT has opened representative office in Austria in 2004, and in 2007 it established LGT Bank (Osterreich) AG with a full banking license. In September 2012, the Bank was reformed from subsidiary bank into full-fledged branch of LGT Bank in Liechtenstein Ltd in Austria, and nowadays it efficiently operates.