Finance Liechtenstein published an update on S&P Global’s Banking Industry Country Risk Assessment, which reconfirmed the strong stability of Liechtenstein’s banking sector and kept the country in BICRA Group 2. S&P Global attributed the assessment to banks’ conservative business models, robust capitalisation and strong liquidity buffers. The report also pointed to very low credit risk, a resilient economy and exceptionally low loan-to-value ratios in mortgage lending, alongside strong commitment to international standards and effective self-regulation supporting compliance and transparency. It further noted that International Monetary Fund membership provides additional security through a potential liquidity backstop and technical support to improve statistical data and transparency.