Banque Cantonale Vaudoise 2009 AR2
The report outlines Banque Cantonale Vaudoise's (BCV) financial and operational performance for the fiscal year 2009. Despite a challenging economic environment, the company achieved solid growth in business volumes, with operating profit increasing by 11% to CHF 470 million and net profit remaining strong at over CHF 300 million. BCV began implementing its new strategy, BCVPlus, which included an organizational restructuring into customer-focused divisions and a significant reduction in proprietary trading risks. Additionally, the company continued its commitment to corporate social responsibility by supporting local community initiatives, promoting staff training, and implementing environmental standards such as encouraging public transport use.
Company: Banque Cantonale Vaudoise
Sector: Finance & insurance
Country: Switzerland
Year: 2009
Type: AR2
Pages: 176
Banque Cantonale Vaudoise
The report outlines Banque Cantonale Vaudoise's (BCV) financial and operational performance for the fiscal year 2009. Despite a challenging economic environment, the company achieved solid growth in business volumes, with operating profit increasing by 11% to CHF 470 million and net profit remaining strong at over CHF 300 million. BCV began implementing its new strategy, BCVPlus, which included an organizational restructuring into customer-focused divisions and a significant reduction in proprietary trading risks. Additionally, the company continued its commitment to corporate social responsibility by supporting local community initiatives, promoting staff training, and implementing environmental standards such as encouraging public transport use.
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Document Details
Report Year
2009
Reporting Period
Jan 1, 2009 - Dec 31, 2009
Fiscal Year
2009
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women in Management
Employees