Private Banking Liechtenstein

BENDURA BANK AG: Our History, Our Values

Who We Are

Independence. Expertise. Reliability.

Founded in 1998, BENDURA BANK AG is a fully licensed boutique private bank located in Gamprin-Bendern, in the Principality of Liechtenstein. Here, we combine the stability of a leading financial centre with international expertise, delivering bespoke solutions that stand the test of time across borders.

Independent by design, we offer unbiased advice free from proprietary products, ensuring that every recommendation serves your best interests. Our philosophy is built on discretion, reliability, and a deep understanding of each client’s personal and financial goals.

Our Home Base

The Liechtenstein Advantage

Liechtenstein stands for stability, reliability, and opportunity. Its dual access to the Swiss and European markets, combined with one of Europe’s most robust regulatory systems, offers our clients unique security and flexibility.

Supervised by the Financial Market Authority Liechtenstein (FMA), we operate under one of Europe’s strictest frameworks. From this solid foundation, we create solutions that balance performance with prudence, always tailored to your individual needs.

The BENDURA Promise

A Commitment Beyond Banking

We promise to protect and grow your wealth with uncompromising excellence, independent advice, and a deep understanding of who you are.

As a boutique private bank, we embrace complexity, speak your language, and craft solutions that reflect your goals, personally and precisely.

Our Perspective

From Liechtenstein to the World

Our reach extends far beyond our headquarters. With representative offices in Vienna and Hong Kong, and a multilingual team fluent in more than twenty-five languages, we serve clients where they live and invest. Cultural understanding lies at the heart of our advisory approach, which is personal, precise, and truly international.

Our Aspiration

We See Beyond Wealth

We are committed to a long-term vision shaped by responsibility and excellence. For us, private banking is more than managing assets; it is about nurturing legacies.

We thrive on complexity and precision, designing bespoke solutions that reflect your ambitions and values. We find tailored paths even where others see limits, because making it possible is what we do.

Our Journey

A History of Strength and Growth

Milestones:

1998

Founded as Hypo Investment Bank (Liechtenstein) AG, a subsidiary of Hypo Vorarlberg Bank AG.

2009

Renamed Valartis Bank (Liechtenstein) AG following acquisition by the Valartis Group.

2017

Became BENDURA BANK AG after acquisition by Citychamp Watch & Jewellery Group Ltd.

Leadership

Our Executive Board

Experienced professionals who combine precision, independence, and integrity, and who are dedicated to personally and responsibly managing your assets.

Philipp Forster – CEO

CEO

Philipp Forster joined BENDURA BANK AG in 2015, beginning his career with the bank in Trading & Treasury before assuming leadership responsibility for Payments. In 2018, he established the bank’s representative office in Hong Kong and successfully led its expansion throughout Asia. He was appointed to the Executive Board in 2022.

As Chief Executive Officer since December 2024, Philipp is responsible for advancing BENDURA BANK AG’s international strategy, driving sustainable growth, and further strengthening the bank’s position as a trusted cross-border wealth management partner.

Stefan Mäder

CFO

Stefan Mäder began his career with Swiss cantonal banks and subsequently expanded his expertise as an auditor in the financial services industry at a leading international Big Four advisory firm. Since joining BENDURA BANK AG in 2009, he has held key leadership positions, initially serving as Head of Accounting & Controlling.

As Chief Financial Officer since 2017, Stefan is responsible for the bank’s financial stewardship and oversees Accounting, Controlling, Regulatory Reporting, and key Operations functions. Through his extensive experience in finance, governance, and regulatory matters, he contributes significantly to the bank’s financial strength, operational resilience, and sustainable long-term development.

Dr. Matthias Wagner

CRO

Before joining BENDURA BANK AG in 2024, Dr. Matthias Wagner held senior leadership roles within LGT Group and gained extensive experience at the Financial Market Authority Liechtenstein (FMA) and the law firm Marxer & Partner. He oversees the bank’s Compliance, Legal, Risk Management, and Client Data Management functions.

As Chief Risk Officer, Dr. Wagner is responsible for strengthening BENDURA BANK AG’s governance and risk framework, ensuring regulatory excellence and sustainable organisational development. With his deep expertise in law, regulation, and financial services, he contributes significantly to the bank’s stability, integrity, and long-term strategic success.

Thomas Ludescher – CCO

CCO

Thomas Ludescher joined BENDURA BANK AG in 2014 and was appointed Head of Trading & Treasury just one year later. Before joining the bank, he gained extensive experience in Private Banking in Austria. In 2022, he became a member of the Executive Board, where he played a key role in shaping the bank’s strategic development as Chief Sales Officer.

As Chief Customer Officer, Thomas leads the bank’s client-facing core divisions and is responsible for the international positioning and continued growth of Wealth Management, Trading & Treasury, and Relationship Management. His focus lies in delivering exceptional client experiences and fostering long-term relationships across international markets.

Our Locations

Liechtenstein. Vienna. Hong Kong.

Three locations, one philosophy, Boutique Banking. Tailored to You.

BENDURA BANK AG – Headquarters

Liechtenstein

BENDURA Service GmbH

Vienna

BENDURA WEALTH MANAGEMENT (Hong Kong) Ltd.

Hong Kong

Trust begins with a conversation.

Shape your wealth strategy with us.