Bendura Bank AG
Bendura Bank AG
| Aktiengesellschaft | |
| ISIN | 🆔 |
| Industry | Financial Industry |
| Founded 📆 | 1998 |
| Founder 👔 | |
| Headquarters 🏙️ | Gamprin-Bendern, Liechtenstein |
Area served 🗺️ | |
Key people |
|
| Products 📟 |
|
| Members | |
Number of employees | approx. 150 |
| 🌐 Website | www.bendura.li |
| 📇 Address | |
| 📞 telephone | |
The Bendura Bank AG is a private bank founded and headquartered in the Principality of Liechtenstein.[1] Bendura Bank AG manages assets with a volume of around 4[2] billion Swiss Francs and is the fourth largest Bank in Liechtenstein, calculated by net profit. Its workforce provides the bank's services in more than 20 different languages. The company is monitored and regulated by the Financial Market Authority Liechtenstein (FMA). The typical clients are medium-sized companies, private individuals, trustees, asset managers, attorneys, tax consultants, and auditors.[3]
History[edit]
In the year 1998 the Bendura Bank AG was founded as a subsidiary by an Austrian regional state bank. At the End of 2009 the company became a subsidiary of a Swiss Banking Group.[4] Since the first quarter of 2016 Bendura Bank AG is mainly owned by the luxury goods group Citychamp Watch & Jewellery Limited (CWJ), which is based and listed in Hong Kong.[5][6][7] CWJ is a leading watch, timepieces and accessories company with its own Chinese brands (EBOHR and Rossini) and acquired foreign brands (Corum, Eterna, Rotary, etc.).[8] The Group of companies focuses on a very similar client group, which is particular true for Corum and Bendura Bank AG.[9][10] Both are present at the annual Snow Polo World Cup (Kitzbühel), which is organized already since 16 years by the Liechtenstein financial institution.[11] The fully licensed financial institution is regulated by the Liechtensteins FMA and member of the Liechtensteins Bankers Association.
[edit]
As of 31st December 2017, the share capital of Bendura Bank AG, Liechtenstein, is fully paid up in cash, amounts to CHF 20 million and is divided into 200,000 registered shares with a nominal value of CHF 100 per share. At the end of 2017 around 84.7% of the capital rights were held by Citychamp Watch & Jewellery Limited (CWJ); 10.0% of the capital rights by the Insam Family Foundation; around 5.1% of the capital rights by the Board of Directors, the management and employees. As of 31st of December 2017, Bendura Bank AG, Liechtenstein, held its own registered shares with a nominal value of CHF 40,000 equating to 0.2% of the capital rights.[12]
Organization[edit]
Board of Directors[edit]
The supervision body of Bendura Bank AG includes:[13][14]
- Kwok Lung Hon (Chairman)
- Dr. Andreas Casutt (Vice-Chairman)
- Jianguang Shang
- Dr. Hilmar Hoch
- Dr. Jodok Simma
- Dr. Chi Wah Fong
- Lai Lam
- Prof. Dr. Martin Wenz
- Beat Unternährer
Board of Management[edit]
The daily business of Bendura Bank AG is managed by:[15][16]
- Dr. Andreas Insam (CEO)
- Dr. Gerhard Lackinger, Mag. (COO)
- Dr. Peter Krenn (CSO)
- Stefan Mäder (CFO)
- Marcel Wyss, M.Sc. LL.M. (CRO)
Desks[edit]
The relationship managers are organized by languages:[17]
- Family Office Eurasia (Selected European Countries, Asia)
- Family Office Germany and Italy
- Family Office Global Markets (Individuals, Institutionals
- Individual Clients (Global Markets, Eurasia, Central Europe, Turkey)
- Institutional Clients (Global Markets, Eastern Europe, Central Europe, Domestic Markets)
Services[edit]
Bendura Bank AG focuses rigorously on three main business segments – Asset Management and Investment Advice, Transaction Banking, and Security Issuance as well as Investment funds.[18][19] Thereby, the transaction banking segment includes cash management, international payment transactions, Lombard and mortgage loans, guarantees, trust accounts, credit cards, private placements, and Internet banking.[20] It also provides personal, legal, merchant, and escrow accounts; deposit services; and investment advisory, asset management, private label funds, and depository services, as well as acts as a payment agent for securities.[21] In addition, the company engages in the trading of securities, foreign currencies, and precious metals; and ethical-ecological investments activities.[22]
Subsidiaries[edit]
Bendura Fund Management Alpha AG[edit]
Bendura Fund Management Alpha AG is specialized in advising as well as the establishment of fully registered investment funds with their own international securities identification number (ISIN). The establishment is in accordance to the three bodies of investment fund legislation (IUA, UCITSA, AIFMA) of Liechtenstein. The main activities consist in the initial advisory process and fund set-up and the subsequent ongoing administration of the customized funds.[23][24]
Bendura Fund Management Beta AG[edit]
The Bendura Fund Management Beta AG focuses on the EU/EEA harmonized fund type, known as the Alternative Investment Fund (AIF). The services includes advising, structuring, constructing and operating AIFs, which is possible due to the authorization of the Bendura Fund Management Beta AG as legal Alternative Investment FUND Managers (AIFM).[25][26]
Representative Office Hong Kong[edit]
In the second half of 2018 we opened the BENDURA BANK AG Hong Kong Representative Office. We have our offices on the 19th floor of the International Commerce Centre (ICC) in West Kowloon, Hong Kong.[27][28][29]
References[edit]
- ↑ Bloomberg Overview Bendura Bank AG
- ↑ Annual Report 2017, p. 80
- ↑ Bloomberg Overview Bendura Bank AG
- ↑ Die Presse
- ↑ Liechtensteiner Vaterland
- ↑ Wallstreet Online
- ↑ Liechtensteiner Vaterland
- ↑ Bloomberg Overview Citychamp Watch & Jewellery Limited
- ↑ Finews
- ↑ Vaterland
- ↑ Finews
- ↑ Annual Report 2017, p. 6
- ↑ Annual Report 2017, p. 6
- ↑ Bloomberg Board Members Bendura Bank AG
- ↑ Annual Report 2017, p. 6
- ↑ Liechtenstein-Business
- ↑ Homepage Bendura Bank AG - Organization, p. 6
- ↑ Annual Report 2017, p. 26
- ↑ Bloomberg Overview Bendura Bank AG
- ↑ Bloomberg Overview Bendura Bank AG
- ↑ Bloomberg Overview Bendura Bank AG
- ↑ Bloomberg Overview Bendura Bank AG
- ↑ Homepage Bendura Fund Management Alpha AG
- ↑ Licensing Bendura Fund Management Alpha AG
- ↑ Homepage Bendura Fund Management Beta AG
- ↑ Licensing Bendura Fund Management Beta AG
- ↑ Homepage Bendura Bank AG - Rep. Office
- ↑ Bloomberg Key Developments Bendura Bank AG
- ↑ Licensing Rep. Office in Hong Kong
External links[edit]
- Citychamp Watch & Jewellery Limited
- Bendura Bank AG
- Bendura Fund Management Alpha AG
- Bendura Fund Management Beta AG
Adjusted Draft: Bendura Bank AG[edit]
This article "Bendura Bank" is from Wikipedia. The list of its authors can be seen in its historical and/or the page Edithistory:Bendura Bank. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.
