[2] It was founded on April 6, 1956 by Princely Councillor of Commerce Guido Feger[3] and is one of the three major banks in Liechtenstein along with the LGT Group and the LLB.

On 6 April 1956, Guido Feger founded Verwaltungs- und Privat-Bank – today's VP Bank – in the legal form of a Liechtenstein institution with start-up capital of 2 million Swiss francs.

The founding was a logical extension of Guido Feger's Allgemeinen Treuunternehmens (ATU), at the time the largest and oldest trust company in Vaduz.

Together, they catered to the needs of roughly 900 clients in matters pertaining to the fiduciary administration of real estate interests, securities portfolios and current accounts – mainly in the CHF realm and the United States – as well as patent rights, loans and fixed-term deposits.

In verbal negotiations, Feger thereafter promised "…to safeguard the Liechtenstein character of the bank both in terms of its corporate bodies and the employment of local residents."

They were binding on Guido Feger as a person and dictated that the bank may accept no savings deposits, conduct no foreign currency exchange and not grant loans (including mortgage lending).

1963 through 1969: Initial growth phase After the founding and development years as well as its conversion into a joint-stock company, VP Bank's size and profitability grew significantly between 1963 and 1969.

Historically high inflation rates, a devaluation of the Swiss franc in 1971, the plummeting US dollar exchange rate, collapsing stock prices, scandals surrounding Cologne's Herstatt-Bank in 1974 and Switzerland's SKA in 1977, along with a recession in Liechtenstein that started in 1975 – the first in the post-WWII era for the Principality – all combined to make the 1970s indeed a turbulent decade.

The progressively internationalised bank redoubled its risk management efforts in the late 1990s and introduced an Asset and Liability Committee.

2001 through 2006: Crisis, restructuring and recovery VP Bank Group's total assets declined in 2001 and 2002 by almost 20 per cent to CHF 8.9 billion.

Die VP Bank (Schweiz) AG in Zürich moved from the old stock exchange building to new premises at Bahnhofstrasse 3.

For Liechtenstein, the treaties with large countries such as the USA, Great Britain, Germany and France afforded the greatest positive effect in terms of credibility, reputational gains and legal certainty for clients.

He took over that post on 1 April 2010 from Fredy Vogt, who had led VP Bank during the past five months on an ad interim basis.

As a result, the products and services of the entire VP Bank Group can be efficiently and easily harmonised and adapted to client needs.

[7] He takes over this function as of 1 May 2013 from Siegbert Näscher, CFO, and Juerg W. Sturzenegger, COO, who co-headed the bank on an ad interim basis since mid-July 2012.

Dr Urs Monstein, Chief Operating Officer of VP Bank since May 2018, takes over as Head of Group Executive Management on an interim basis with immediate effect.

On 11 July 2019, VP Bank Ltd (Liechtenstein) and Hywin Wealth Management Co., Ltd (China) sign a Memorandum of Understanding for a strategic partnership, announcing their intention to build a joint collaboration platform in Hong Kong to provide asset management to high-net-worth Chinese citizens both inside and outside China.

At an extraordinary meeting held on 24 April 2020, the Board of Directors of VP Bank Group elects Dr Thomas R. Meier as its new Chairman with immediate effect.