General Presentation BENDURA BANK AG

Transcription

1 General Presentation BENDURA BANK AG BENDURA BANK AG P: +423 / VAT No Page 1 Schaaner Strasse 27 F: +423 / Reg.-No. FL Gamprin-Bendern info@bendura.li SIC Code: Principality of Liechtenstein SWIFT Code: HYIBLI22

2 About BENDURA BANK AG, Liechtenstein BENDURA BANK AG, founded in 1998, is a fully licensed bank with headquarter in the principality of Liechtenstein. The company is a subsidiary (84.69%) of Citychamp Watch & Jewellery Ltd., Hong Kong, a luxury goods group listed on the Hong Kong stock exchange. Top performers in our establishment hold 15.11% of shares in the business. 0.20% are held by BENDURA BANK AG itself. The fourth largest bank in Liechtenstein With around 110 highly qualified and motivated employees, BENDURA BANK AG manages assets of around 3.9 billion Swiss Francs. Based on the volumes managed and profit after tax, our company is in fourth place out of a total of 14 banks in the financial center of Liechtenstein. Even though there was a change of the majority shareholder, the Board of Management remained the same. As number 1 (CEO, since inception 1998) and 2 (since 2000) both turn 61 this year, the Board of Management has been enlarged by three members as of 31st August All three new board members could be successfully recruited from the bank s middle management. Page 2

3 About BENDURA BANK AG, Liechtenstein Linguistic competency as a factor of success The international and multi-cultural approach of our bank is one of the most important triumphs. Our demanding clients are served by specialised International Desks. Our team of advisors from diverse backgrounds speak over 20 languages. Client oriented approach Personal care, individual consultation, careful trading, strict risk monitoring, reliability and seriousness are core basic values of our business philosophy which are put into practice with care and passion by our experienced client advisors. The interests of our clients are always at the heart of our activities. Wide range of financial services for demanding clients We concentrate on asset management and investment advice on one hand and on transaction banking on the other. Page 3

4 About BENDURA BANK AG, Liechtenstein Committed and experienced employees Committed employees thanks to attractive profit-sharing scheme Our experienced employees are, amongst other things, highly motivated thanks to an attractive profit-sharing scheme. Overall, 41 high achievers from our company hold 15.11% of shares in our institute. It is our aim to bind employees to the company long-term, keep bonus payments low and promote sustainable growth. We want to continue to build up something with other people, give creative heads a perspective, have pride in creativity, provide direction. Page 4

5 BENDURA GROUP Group organisation structure BENDURA BANK AG BENDURA FUND MANAGEMENT ALPHA AG BENDURA FUND MANAGEMENT BETA AG HIB Investments Ltd. Hypo Trust and Corporate Services (Brunei) Ltd. VFM MUTUAL FUND AG LFM ALPHA SOLUTIONS AGmvK Page 5

6 BENDURA BANK AG, Liechtenstein Employee participation Facts as of Strong employee participation Publications in 9 languages Assets under Management Balance sheet total CHF 3.85 Bln. CHF 1,974.0 Mio % Employees Citychamp Watch & Jewellery Group (CWJ) % German English Italian Equity CHF Mio. Turkish Employees FTE Russian Number of clients 5,002 Chinese Market position (net earnings) No % Arabic Czech Organisation/ Structure By spoken languages BENDURA BANK AG Polish Page 6

7 BENDURA BANK AG, Liechtenstein Key Figures at a Glance Page 7

8 BENDURA BANK AG, Liechtenstein Key financials Page 8

9 BENDURA BANK AG, Liechtenstein Capital-adequacy computation, leverage ratio and liquidity In CHF thousands Own Funds Tier 1 capital Tier 2 capital Total required equity 1) Total risk-weighted assets CET1 capital ratio 19.10% 21.20% 21.43% Tier 1 capital ratio 19.10% 21.20% 21.43% Total capital ratio 20.12% 21.48% 21.43% Leverage ratio 3.96% 4.16% 4.44% 1) The bank has to fulfill 2.5% buffer requirements (capital conservation buffer). The buffer requirement must be fulfilled with CET 1 capital. Liquidity remains at a very high level. The bank s substantial holdings of liquid assets gave it an LCR of 152% on the balance sheet date, well above the regulatory threshold. Page 9

10 BENDURA BANK AG, Liechtenstein Financial services Services 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 Language skills German Azeri English French Georgian Italian Croatian Lithuanian Mandarin Cantonese Polish Portuguese Russian Serbian Slovak Slovenian Spanish Czech Turkish Ukrainian Hungarian Latvian Greek Page 10

11 Citychamp Watch & Jewellery Group Limited BENDURA BANK AG P: +423 / VAT No Page 11 Schaaner Strasse 27 F: +423 / Reg.-No. FL Gamprin-Bendern info@bendura.li SIC Code: Principality of Liechtenstein SWIFT Code: HYIBLI22

12 The Company at a glance Citychamp Watch & Jewellery Group Limited is a leading watch, timepieces and accessories company with its own Chinese brands (EBOHR and Rossini) and aquired foreign brands (Corum, Eterna, Rotary, etc) Distributes its products in over 5100 own retail outlets Business Model covers the whole value added chain Head office is in Kowloon, Hong Kong app employees ( ) Page 12

13 Members of the Board Mr. HON Kwok Lung (Chairman) Principal shareholder and Chairman of Citychamp Watch & Jewellery Group Limited and Citychamp Dartong Co Ltd. Member of the National Committee of the 12th Chinese Poeple s Political Consultative Conference Person of the Year 2011 at Leaders of 2011, an event organised by All Leaders Publication Group Mr. SHANG Jianguang (CEO) Qualified senior engineer, graduate in chemistry Joined the Board in 2004 Page 13

14 Citychamp Watch & Jewellery Group Limited Group organisation structure Citychamp Watch & Jewellery Group Limited BENDURA BANK AG Montres Corum SàRL Eterna SA Dreyfuss Group Zhuhai Rossini Watch Industry Ltd. EBOHR Luxuries (Shenzhen) Co., Ltd. Corum Eterna Rotary Rossini EBOHR Dreyfuss & Co. KANA J&T Windmills EC Page 14

15 Figures and facts I Shares are listed in Hongkong since (256 HK / ISIN: KYG2161T1004) Market cap: 7.35 billion HKD (appr. 909 Mio. CHF) Average trading volume of 30 days: around 2.85 Mio shares, round-lot 2000 Page 15

16 Figures and facts II Turnover and market capitalisation (in mio. CHF) Page 16

17 Figures and facts II Net income (in CHF) Page 17

18 Owner (Kwok Lung Hon appr. 74% equity) Mr. KWOK LUNG HON: His family represents approx % of the entire issued share capital of Citychamp Watch & Jewellery Ltd. Sincere View International Limited: is a company incorporated in the British Virgin Islands with limited liability, which is beneficially owned as to 80 % and 20 % by Mr. Hon Kwok Lung and his wife, Ms. Lam Suk Ying, respectively. Page 18

19 BENDURA BANK AG, Liechtenstein Contact BENDURA BANK AG Schaaner Strasse Gamprin-Bendern Fürstentum Liechtenstein Phone Fax BENDURA FUND MANAGEMENT ALPHA AG Schaaner Strasse Gamprin-Bendern Fürstentum Liechtenstein Phone Fax BENDURA FUND MANAGEMENT BETA AG Schaaner Strasse Gamprin-Bendern Fürstentum Liechtenstein Phone Page 19