The company maintains 3,405 employees in over 20 offices around the globe, Asia, Australia, Europe, the Middle East and North America.

The Bank of Liechtenstein Aktiengesellschaft (renamed LGT Group in 1996) was founded in 1920 during this reorientation phase, and its first objective was to gather capital in Swiss francs.

The BIL enabled companies and banks of Liechtenstein to consolidate their holding companies abroad after the Austro-Hungarian debacle, thus orienting the country's banking specialty towards offshore holding assets management, and pulling significant economic traction from this activity.

In May 1921, BIL launched its operations with 10 employees based in ground-floor offices inside the main government building.

During the global economic crisis in the 1930s, the Princely House of Liechtenstein acquired a controlling interest in the bank.

"[7] Until the 1960s, the bank’s main focus was to support and provide financing for the expansion of Liechtenstein’s economy and business sector.

Following this transformation, BIL began to expand into various segments of the banking industry, with a particular focus on activities pertaining to mortgages, stock markets and foreign exchange.

[7] During the 1980s, BIL opened representative offices in Europe, the US and Asia, including in London, which was its first foreign business base, and in Hong Kong in 1986.

[14] It was then that LGT decided to focus on private banking and asset management and to further expand its international operations.

[27] Between 2012 and 2017, LGT acquired several new portfolios and operations, including Clariden Leu’s ILS boutique (2012),[28] a private banking portfolio from HSBC in Switzerland (2014),[29] a majority stake in London-based wealth management partnership Vestra Wealth (2016),[30] the private banking operations of ABN AMRO Asia in Asia and the Middle East (2016)[31] and European Capital Fund Management (2017).