Avaloq is on course for more growth. After VP Bank had successfully rolled out the Avaloq Banking System in Singapore in mid-2008, the offices in Zurich, Liechtenstein and the British Virgin Islands were added to the network on January 5, 2009. Besides VP Bank, the LGT Group, Raiffeisen Switzerland, Bank Vontobel and LBBW Luxemburg also went live with the Avaloq software at the same time.