LLB says 2008 net fell 38 pct, suffered outflows

* 2008 net profit falls 38 pct

* Bank pays 3.4 Sfr/shrs dividend, shares up 9 pct

* Assets shrink by a quarter, bank suffers outflows

ZURICH, March 24 (Reuters) - Liechtenstein's LLB Group (LLB.S) said 2008 net profit fell 38 percent to 150.6 million Swiss francs ($134 million) and the bank suffered outflows as a crackdown on tax havens prompted clients to withdraw money.

But the bank decided to keep its dividend unchanged at 3.4 francs per share, yielding a 7.7 percent return and pushing shares up 9.3 percent by 1235 GMT on Tuesday.

The bank said assets under management lost nearly a quarter of their value to 46.1 billion Swiss francs and clients withdrew about 1 percent of assets.

Liechtenstein was hit last year by a German investigation into tax evasion that involved the theft of client data from its main bank, LGT, and has in recent months promised to relax its bank secrecy rules amid international pressure.

"LLB's result reflects the current economic storm by showing high provisions and losses on financial investments as well as the specific problems of the financial centre," Vontobel analysts said.

LLB said it wanted to expand abroad and planned to open a bank in Vienna, Austria in 2009.

Banks in Liechtenstein are moving more and more onshore after the country decided to relax bank secrecy and co-operate more with foreign tax authorities in response to a global crackdown on tax havens. ($1=1.123 Swiss Franc) (Reporting by Lisa Jucca)