About Banque Cantonale Vaudoise

Banque Cantonale Vaudoise (BCV) provides various banking and financial services. The company offers current accounts, savings accounts, credit cards, and home loans. It also offers a full range of banking products, such as investments, financial planning services, and trading via its online platform, TradeDirect (tradedirect.ch). The company continued to improve and add features to BCV-net and BCV Mobile. For example, customers can manage their credit cards in BCV Mobile. They can also sign up for standard banking packs, foreign currency accounts, savings accounts, and retirement investment accounts directly in the app. BCV Mobile is one of the highest-rated banking apps in Switzerland. The company's BCV TWINT app is a payment app developed by the Swiss banking sector that allows users to pay for in-store and online purchases, transfer money to other TWINT users, buy public transportation tickets, and pay for parking. BCV's TradeDirect platform remains one of the most competitively priced online brokerage services in Switzerland. In Asset Management & Trading, investors can take advantage of the company's investment strategy and proven expertise through its comprehensive range of advisory and other services together with investment products, from investment funds and structured products to management agreements and asset allocation funds in both specific and global investment universes. In structured products, the company's AMC Access360 tool - which allows investment professionals to manage their actively managed certificates directly online - continued to add new features, such as generating reports for asset managers. The company also continued to expand the range of structured products it issues via deritrade, Vontobel's multi-issuer platform for derivative instruments, with the goal of eventually offering one of the most comprehensive product ranges on the platform. Personal banking customers can also take out mortgage loans to meet their home financing needs. The company's Start Immo offer, with its preferential lending terms, has had strong traction with first-time home buyers. In addition, the company's Green Bonus loans offer preferential terms on financing for properties with an eco-rating of A or that are undergoing energy-efficient renovations eligible for a cantonal subsidy (both primary residences and rental properties). The company's range of products incorporating ESG criteria includes investment funds, management agreements, and certificates. It also offers products managed in collaboration with Swiss SRI specialist Ethos. Lending activities The company's lending activities mainly comprise mortgage financing, primarily in Vaud Canton, and corporate financing (primarily to companies located in Vaud, but also to select large corporates throughout Switzerland and, to a limited extent, through its international trade-finance activities). Retail Banking Retail Banking serves the banking needs of nearly 400,000 individuals. In addition to current accounts, savings accounts, credit cards, and home loans, BCV offers a full range of banking products, such as investments, financial planning services, and trading via the company's online platform, TradeDirect (tradedirect.ch). Corporate Banking Corporate Banking Sector comprises four front-line departments: SMEs, Real-Estate Clients, Large Corporates, and Trade Finance. The product range covers all financing needs (e.g., construction loans, financing of production equipment, working capital, and international trade finance) and provides cash-management services along with instruments for hedging exchange-rate and interestrate risk. In Corporate Banking, the company offers a comprehensive range of products and services, including financing, treasury management, hedging, occupational pension solutions, and advisory services at all stages of the company's life, from startup to succession. Wealth Management The company's wealth management business comprises the activities of the company and its subsidiaries Piguet Galland & Cie SA, Gerifonds SA, and GEP SA. Within the company, wealth management is shared by two divisions. The Private Banking division serves affluent and high-net-worth individuals, whereas the Asset Management & Trading division works with institutional clients. The company operates as Vaud Canton's leading institutional asset manager. Piguet Galland & Cie SA operates as a wealth manager in Switzerland. Gerifonds SA engages in creating, distributing, managing and administering investment funds. GEP SA engages in the business of real-estate fund management. In Wealth Management, the company's BCV Conseil advisory services include an online platform - which was fully integrated into its BCV Mobile app. Trading Trading division focuses on investment and hedging products (currencies, equities, bonds, derivatives, and structured products) that are aimed at clients based mainly in Switzerland. Customers can also use the company's free BCV e-FOREX app to carry out spot, forward, and swap forex transactions, 24 hours a day, six days a week. The sector's activities come under the Asset Management & Trading division, which encompasses asset management, investment policy, and the trading floor. Strategy The key elements of the company's strategy include continuing to improve its service quality along the entire value chain to create an even better customer experience; enhancing its distribution channels (branches, digital services, and call centers) to give customers an integrated omnichannel experience; and capturing more of the cross-selling potential inherent in its universal bank business model. History Banque Cantonale Vaudoise was founded in 1845. The company was incorporated in 2012.