- CEO
- Pascal Kiener
- Full Time Employees
- 2,083
- Sector
- Finance
- Industry
- Regional banks
- Address
- Place Saint-François 14 Lausanne VD Switzerland 1001
- IPO Date
- Dec 6, 2002
- Business
- Banque Cantonale Vaudoise (BCV) is the leading cantonal bank in the Swiss Canton of Vaud, operating as a universal bank that provides retail banking, corporate banking, private banking, wealth management, asset management, and trading services to individual, corporate, and institutional clients. The bank offers a comprehensive range of products and services, including mortgage loans, consumer and commercial financing, deposit accounts, payment solutions, investment advisory and discretionary mandates, portfolio management, trade finance, and ESG-compliant investment options aligned with Swiss climate goals and the Paris Agreement; it also supports local economic development through loans to businesses, pension fund management for occupational schemes, and digital banking platforms across its network of nearly 60 branches primarily in Vaud. Founded in 1845 by decree of the Vaud Cantonal Parliament and headquartered at Place St-François 14 in Lausanne, Switzerland, BCV is majority-owned by the Canton of Vaud and employs over 2,000 people, with selective operations extending to German-speaking Switzerland via its Zurich office for institutional asset management.
In recent years, BCV has reported robust financial performance, posting a net profit of CHF 215 million for the first half of 2025, with ongoing growth in mortgage lending (up 1% to CHF 8,886 million as of June 30, 2025), loans and off-balance-sheet commitments (up 11%), and assets under management driven by positive market performance and net new money inflows. The bank has advanced its digital capabilities by implementing instant payment transactions starting August 20, 2024, in collaboration with Switzerland's largest banks, enhancing efficiency for retail and corporate customers. Strategically, BCV continues to expand its institutional business in German-speaking Switzerland, diversify offerings across banking segments, and finance local ventures, providing CHF 13.7 billion in loans to Vaud businesses in 2024 while maintaining total assets of CHF 60.6 billion as of December 31, 2024. All resolutions were approved at its 2025 annual general meeting, underscoring stable governance under CEO Pascal Kiener.