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Banque Cantonale Vaudoise

 
Hoover's Profile: Banque Cantonale Vaudoise
 
(Swiss:BCVN)
Contact Information
Banque Cantonale Vaudoise
Place Saint-Francois 14
1001 Lausanne, Switzerland
Tel. +41-848-808-880
Fax +41-21-212-12-22

Type: Public
On the web: http://www.bcv.ch

Despite its name, Banque Cantonale Vaudoise (BCV) is more than a regional bank, serving customers throughout the Swiss canton of Vaud and beyond as one of the nation's largest banks. BCV's approximately 70 locations offer consumers and businesses a range of retail banking services, including deposit banking and loans. Real estate and construction loans top BCV's loan portfolio; some 80% of loans are made to customers in Vaud. The group also provides wealth management, securities brokerage, and corporate banking services. The Vaud government owns two-thirds of BCV's shares (but is planning to reduce its stake to 50.12%).

Key numbers for fiscal year ending December, 2007:
Sales: $2,276.1M
Net income: $420.2M

Officers:
Chairman: Olivier Steimer
CEO, Acting CFO, and Executive Board Member: Pascal Kiener
Information Systems Management: Sylvaine Simms

Competitors:
Credit Suisse
Swiss Post
UBS

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