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Confirmation of Liechtenstein's AAA rating

After the finalisation of the rating process, the international ratings agency Standard & Poor’s affirmed Liechtenstein’s credit rating with the highest rating being AAA in its research update from 28 July 2017.

According to Standard & Poor’s research update the confirmation of the highest rating is based on the positive development of the state budget as well as on the good financial record of the public sector. Furthermore, the ratings agency pointed out that Liechtenstein's very wealthy economy will likely see healthy growth rates and has in comparison to other small countries a broader diversification. The pro-active implementation of international regulatory requirements in the financial sector was once more positively highlighted. The Standard & Poor’s experts expressed their expectation that the country will be continue to be able to adapt Liechtenstein's institutional and legal framework in a timely manner to international requirements.