Banque Cantonale Vaudoise 2008 AR2
The report highlights Banque Cantonale Vaudoise's (BCV) performance and corporate responsibility initiatives for the fiscal year 2008. Despite the global financial crisis, the bank achieved a net profit of CHF 358 million and maintained a strong capital adequacy ratio of 180%. BCV completed its three-year CroisSens growth project, modernizing its branch network and enhancing customer service. In terms of corporate social responsibility, the bank focused on employee development, achieving a 43% female workforce representation, and supported various local cultural, sporting, and community projects. Additionally, BCV gained approval to apply the Basel II Foundation Internal Ratings-Based approach, becoming the first Swiss cantonal bank to do so.
Company: Banque Cantonale Vaudoise
Sector: Finance & insurance
Country: Switzerland
Year: 2008
Type: AR2
Pages: 166
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Banque Cantonale Vaudoise
Annual Report
The report highlights Banque Cantonale Vaudoise's (BCV) performance and corporate responsibility initiatives for the fiscal year 2008. Despite the global financial crisis, the bank achieved a net profit of CHF 358 million and maintained a strong capital adequacy ratio of 180%. BCV completed its three-year CroisSens growth project, modernizing its branch network and enhancing customer service. In terms of corporate social responsibility, the bank focused on employee development, achieving a 43% female workforce representation, and supported various local cultural, sporting, and community projects. Additionally, BCV gained approval to apply the Basel II Foundation Internal Ratings-Based approach, becoming the first Swiss cantonal bank to do so.
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Document Details
Report Year
2008
Reporting Period
Jan 1, 2008 - Dec 31, 2008
Fiscal Year
2008
Published
Apr 1, 2009
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women in Management
Employees