Banque Cantonale Vaudoise 2013 AR2
The report highlights Banque Cantonale Vaudoise's (BCV) solid financial performance in 2013, with total assets reaching CHF 40.5 billion and assets under management growing 6% to CHF 83.9 billion. Despite a low-interest-rate environment, the bank maintained its operating profit at CHF 471 million and net profit at CHF 280 million. BCV launched its new 'stratégie2018' to focus on service quality and operational excellence. The bank also decided to participate in the US Department of Justice's tax dispute settlement program and maintained its attractive distribution policy, returning CHF 275 million to shareholders.
Company: Banque Cantonale Vaudoise
Sector: Finance & insurance
Country: Switzerland
Year: 2013
Type: AR2
Pages: 168
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Banque Cantonale Vaudoise
Annual Report
The report highlights Banque Cantonale Vaudoise's (BCV) solid financial performance in 2013, with total assets reaching CHF 40.5 billion and assets under management growing 6% to CHF 83.9 billion. Despite a low-interest-rate environment, the bank maintained its operating profit at CHF 471 million and net profit at CHF 280 million. BCV launched its new 'stratégie2018' to focus on service quality and operational excellence. The bank also decided to participate in the US Department of Justice's tax dispute settlement program and maintained its attractive distribution policy, returning CHF 275 million to shareholders.
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Document Details
Report Year
2013
Reporting Period
Jan 1, 2013 - Dec 31, 2013
Fiscal Year
2013
Published
Apr 1, 2014
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women in Management
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