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BENDURA BANK AG | Hong Kong Representative Office
1
BENDURA BANK AG - General Presentation
Page 1BENDURA BANK AG | 31st of December 2019
Introduction to BENDURA BANK AG
Page 2BENDURA BANK AG | 31st of December 2019
BENDURA GROUPGroup organisation structure
BENDURA BANK AG
BENDURA FUND MANAGEMENT
ALPHA AG
VFM MutualFund AG
LFM Alpha
Solutions AGmvK
Golden TowerCorporation
Ltd.
BENDURA FUND MANAGEMENT
BETA AG
BENDURA BANK AGHong Kong
Representative Office
Unit 1905, Level 19International Commerce Centre1 Austin Road West, Kowloon
Hong Kong
Page 3BENDURA BANK AG | 31st of December 2019
BENDURA BANK AGFacts, Employee participation, Publications
Page 4
Strong employee participationFacts as of 31.12.2019 Publications in 10 languages
Assets under
ManagementCHF 3.67 Bln
Balance sheet
totalCHF 1,634.3 million
Equity CHF 120.7 million
Employees 132.8 FTE
Number of
clients3‘561
Market
position (net
earnings)
No. 4
Organisation/
StructureBy spoken languages
German
English
Italian
Spanish
Polish
Russian
Turkish
Hebrew
Czech
Citychamp Watch
& Jewellery Group
(CWJ)
84.68%
Employees
14.69%
BENDURA BANK AG
0.63%
Chinese
BENDURA BANK AG | 31st of December 2019
BENDURA BANK AGKey Figures at a Glance
Page 5BENDURA BANK AG | 31st of December 2019
BENDURA BANK AGKey financials
Page 6
BENDURA BANK AGCapital-adequacy computation, leverage ratio and liquidity
In CHF thousands 31.12.2017 31.12.2018 31.12.2019
Own Funds 81’307 87’968 99’653
Tier 1 capital 80’242 87’968 99’653
Tier 2 capital 1’065 0 0
Total required equity 1) 39’744 39’760 50’883
Total risk-weighted assets 378’514 378’671 487’009
CET1 capital ratio 21.20% 23.23% 20.46%
Tier 1 capital ratio 21.20% 23.23% 20.46%
Total capital ratio 21.48% 23.23% 20.46%
Leverage ratio 4.16% 5.13% 6.03%
1) Required equity considers additional 2.5% buffer requirements (capital conservation buffer).
Liquidity remains at a very high level. The bank’s substantial holdings of liquid assets gave it an LCR of 175% on the balance sheet date, well above the regulatory threshold.
Page 7BENDURA BANK AG | 31st of December 2019
BENDURA BANK AGFinancial services
Language SkillsServices
Accounts: Individual, Entity, Merchant, Escrow
Asset Management (Discretionary)
Credit Cards
Custody Services
Depositary for Liechtenstein Funds
Deposits: Call, Time, Fiduciary
Family Office
Internet Banking
Investment Advice
Investment Funds: BENDURA Global Share Fund
Loans: Lombard, Mortgage
Paying Agent for Securities: Stocks, Bonds
Private Label Funds: Administration, Asset Management,
Custody, ISIN-Numbers
Trading: Securities, Foreign Currencies, Precious Metals
German
Spanish
Azeri
Czech
English
Turkish
French
Ukrainian
Georgian
Hungarian
Italian
Latvian
Croatian
Greek
Lithuanian
Mandarin
Cantonese
Polish
Portuguese
Russian
Serbian
Slovak
Slovenian
Hebrew
Page 8BENDURA BANK AG | 31st of December 2019
BENDURA FUND MANAGEMENT ALPHA AG
Page 9BENDURA BANK AG | 31st of December 2019
BENDURA FUND MANAGEMENT ALPHA AGFacts, Project diversification, CEO
Page 10
Project diversification in %Facts as of 31.12.2019 CEO
Mr. Franz GLATZL,
MMMag.
Mr. Glatzl studied
economics in Innsbruck
(Austria) and
Milwaukee (USA) and
successfully set up and
expanded BENDURA
FUND MANAGEMENT
ALPHA AG’s
investment fund
business since early
2008. A recognized
expert for the setup
and subsequent
management
operations of regulated
investment vehicles
while realizing complex
investment strategies.
100% subsidiary of
BENDURA BANK AG
Fully licensed according to
AIFM-Act
UCITS-Act
Expert projects realized in
Life Settlements
Precious metals
Diamonds
Private equity
Private debt
Real estate
Listed securities
Skilled and dedicated team of 8 specialists www.bendurafunds-alpha.li/en/
8,11%
24,32%
17,57%14,86%1,01%
32,43%
1,69%
Project diversification in % (excl. VFM Mutual Fund AG)
Precious metals
Private equity
Listed securities
Private debt
Life settlements
Real estate
Diamonds
BENDURA BANK AG | 31st of December 2019
BENDURA FUND MANAGEMENT BETA AG
Page 11BENDURA BANK AG | 31st of December 2019
BENDURA FUND MANAGEMENT BETA AGFacts, Strengths, CEO
Page 12
Exclusive AIFs for unregulated asset
providers, families, closed-clubs, and
single investors
AIFs as corporate structuring vehicles
Generation of liquidity from investors
without giving up the target asset control
No fear of complexity where necessary
Accredited approach to anonymise market
participants, strategic, or activistic
investors
www.bendurafunds-beta.li/
StrengthsFacts CEO
Mr. Olaf KOEHLER,
Assessor iuris
Legal practitioner for
more than twenty
years. Investment fund
industry for more than
ten years, inter alia as
structuring lawyer,
managing director, and
investment fund
liquidator. Former head
of BENDURA BANK’s
Depositary & Secu-
rity Issuer Services.
State Exams as
German lawyer and as
Liechtenstein Trustee.
Specialised in al-
ternative investment
fund structuring.
ProductsAlternative Investment
Funds (AIF)
Applications
Protection of family assets
Inheritance planning
Corporate structuring
Succession & tax planning
MarketsNo local restrictions,
focus on Asia / China
Regulation
Regulated under Europe-
an Union’s AIFM Directive
Domestic regulator:
Liechtenstein Financial
Market Authority (FMA)
BENDURA BANK AG | 31st of December 2019
Hong Kong Representative Office
Page 13BENDURA BANK AG | 31st of December 2019
BENDURA BANK AG, Hong Kong Representative OfficeFacts
Page 14
Historical relationship of BENDURA
BANK AG to the Asian market
BENDURA BANK
Hong Kong Monetary Authority
Office location in ICC
International Commerce Centre
Trigger: Takeover by Citychamp
Watch & Jewellery Group Ltd. as of
September 2016
Citychamp Watch & Jewellery Group
Approval by HKMA on 27 August 2018
BENDURA BANK AG | 31st of December 2019
Citychamp Watch &Jewellery Group Ltd.
Page 15BENDURA BANK AG | 31st of December 2019
Citychamp Watch & Jewellery Group Ltd.Group Organisation Structure
Citychamp Watch & JewelleryGroup Ltd.
BENDURA BANK AG
MontresCorum SàRL
Corum
Eterna SA
Eterna
The Dreyfuss Group Ltd.
Rotary
Dreyfuss & Co.
J&T Windmills
Zhuhai Rossini Watch Industry Ltd.
Rossini
EBOHR Luxuries International Ltd.
EBOHR
Ernest BorelHoldings Ltd.
Page 16
Ernest Borel
BENDURA BANK AG | 31st of December 2019
Citychamp Watch & Jewellery Group Ltd.Facts, Brands, Chairman
BENDURA BANK AG
Corum Eterna
Rotary Rossini
EBOHR J&T Windmills
Dreyfuss & Co Ernest Borel
BrandsFacts
Page 17
Chairman
HON Kwok Lung
Principle shareholder
and Chairman of
Citychamp Watch &
Jewellery Group
Limited and actual
Controller of Citychamp
Dartong Co., Ltd.
Member of the National
Committee of the 12th
Chinese People‘s
Political Consultative
Conference.
Bronze Bauhinia Star
(BBS) awarded by the
Chief Executive of
Hong Kong Special
Administrative Region
in 2017.
Distributes its products in over 10‘000
points of sale globally
Business Model covers the whole value
added chain
Head office is in Kowloon, Hong Kong
app. 4‘400 employees (31.12.2019)
HKEx stock code: 256
www.citychampwj.com/en/
BENDURA BANK AG | 31st of December 2019
BENDURA BANK AG
Schaaner Strasse 27
9487 Gamprin-Bendern
Fürstentum Liechtenstein
Phone +423 265 56 56
Fax +423 265 56 99
www.bendura.li
BENDURA FUND
MANAGEMENT ALPHA AG
Schaaner Strasse 27
9487 Gamprin-Bendern
Fürstentum Liechtenstein
Phone +423 388 10 00
Fax +423 388 10 01
www.bendurafunds-alpha.li
BENDURA BANK AG, LiechtensteinContact
BENDURA FUND
MANAGEMENT BETA AG
Schaaner Strasse 27
9487 Gamprin-Bendern
Fürstentum Liechtenstein
Phone +423 399 40 00
www.bendurafunds-beta.li
BENDURA BANK AG
Representative Office
Hong Kong
Unit 1905, Level 19
International Commerce Centre
1 Austin Road West, Kowloon
Hong Kong
Phone +852 2275 3771
www.bendura.li
Page 18BENDURA BANK AG | 31st of December 2019
