Jakarta, July 17, 2025 – PT Bank JTrust Indonesia Tbk (J Trust Bank) has signed a Memorandum of Understanding (MoU) for a business cooperation with BENDURA BANK AG, a trusted financial institution based in Liechtenstein that serves the private banking and wealth management segment in the European market.
Founded in 1998, BENDURA BANK AG is a fully licensed bank headquartered in Gamprin-Bendern, the Principality of Liechtenstein. As a financial services provider, BENDURA BANK AG offers tailored financial services to entrepreneurial families and high-net-worth individuals, including asset management, investment advisory services, and securities issuance.
The MoU signing ceremony took place at J Trust Bank’s head office, Sahid Sudirman Center, Jakarta, and was conducted by Ritsuo Fukadai, President Director of J Trust Bank, and Philipp Forster, MSc, CFA, Chief Executive Officer (CEO) of BENDURA BANK AG. This collaboration reflects both institutions’ commitment to opening new opportunities and strengthening networks through the exchange of information and insights related to each country’s business markets.
Ritsuo Fukadai, President Director of J Trust Bank, stated, “This partnership is a strategic step toward unlocking global business growth opportunities. By establishing this collaboration, we open new pathways to accelerate J Trust Bank’s growth, particularly in the private banking and wealth management segments.”
Meanwhile, Philipp Forster, MSc, CFA, CEO of BENDURA BANK AG, said, “This MoU marks a significant step toward a deeper understanding of each other’s markets. By combining our expertise with J Trust Bank’s proven track record in the Southeast Asian market, our goal is to deliver meaningful value to clients and create new avenues for international growth.”
The collaboration between BENDURA BANK AG and J Trust Bank represents a form of synergy and partnership that leverages the unique strengths of both institutions. Through this alliance, BENDURA BANK AG can help wealthy individuals and entrepreneurs in Europe invest in Indonesia or Southeast Asia, while J Trust Bank can serve as a bridge for its clients and business ecosystem seeking to expand into the European market.
