VP Bank AG 2019 AR2

The report highlights VP Bank Group's strong performance in 2019, with consolidated net income increasing by 34.4 percent to CHF 73.5 million and client assets under management growing by 14.7 percent to CHF 47.6 billion. The bank successfully completed its 'Strategy 2020' cycle and laid the foundations for 'Strategy 2025,' which integrates sustainability as a core pillar. VP Bank also issued its first senior non-preferred 10-year bond of CHF 155 million and completed the acquisition of Catella Bank's Luxembourg private banking activities. On the sustainability front, the bank strengthened its CSR Competency Centre by appointing a Head of Group Sustainability and continued its commitment to the UN Global Compact.

Company: VP Bank AG

Sector: Financials

Country: Liechtenstein

Year: 2019

Type: AR2

Pages: 206

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VP Bank AG

VP Bank AG 2019 Annual Report

Annual Report

The report highlights VP Bank Group's strong performance in 2019, with consolidated net income increasing by 34.4 percent to CHF 73.5 million and client assets under management growing by 14.7 percent to CHF 47.6 billion. The bank successfully completed its 'Strategy 2020' cycle and laid the foundations for 'Strategy 2025,' which integrates sustainability as a core pillar. VP Bank also issued its first senior non-preferred 10-year bond of CHF 155 million and completed the acquisition of Catella Bank's Luxembourg private banking activities. On the sustainability front, the bank strengthened its CSR Competency Centre by appointing a Head of Group Sustainability and continued its commitment to the UN Global Compact.

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Document Details

Report Year

2019

Reporting Period

Jan 1, 2019 - Dec 31, 2019

Fiscal Year

2019

Type

Annual Report with Sustainability Disclosures

Language

English

Pages

 

File Size

 

Standards & Assurance

Reporting Standards

Materiality Assessment

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Energy Consumption

Renewable Energy

Water Consumption

Total Waste

Women on Board

Women in Management

Employees