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A story inextricably linked with Vaud Canton

 

Since our Bank was founded in 1845, we have been continually adapting and updating our range of services in response to customers’ changing needs. Now, 175 years later, we are still working hand-in-hand with Vaud residents and businesses to help them build a brighter future.

2020

BCV celebrates its 175th anniversary.

2017

BCV expands its digital offering. Customers can open an account and apply for, renew, or transfer a mortgage online, as well as speak with an advisor via videoconferencing.

2015

BCV signs a non-prosecution agreement with the US Department of Justice as part of the USA/Switzerland tax program.

2013

BCV's main lobby at Place St-François in Lausanne gets a makeover with a modern look and feel – reflecting our positioning as a bank for the 21st century.

2011

BCV subsidiary Banque Piguet & Cie SA merges with Banque Franck Galland & Cie SA in the first half of the year to create Banque Piguet Galland & Cie SA.

2007

BCV repurchases the final tranche of the participation-certificate capital issued in 2003, reducing the Cantonal Government's stake to 67%.

2005

BCV divides its operations into nine regional divisions in order to strengthen ties with customers.

2001 to 2002

BCV experiences significant losses and a sharp reduction in its capital. The Vaud Cantonal Government steps in to shore up the Bank through two recapitalizations; its stake in BCV rises from 50.1% to 84%.

From 1945 to 2000

1996 to 2000

The Bank expands into new business lines, including investment banking, international private banking and trading.

1998

BCV first launches www.bcv.ch.

1995

BCV merges with Crédit Foncier Vaudois, which two years earlier had merged with Caisse d’Épargne et de Crédit.

1994

BCV’s Administrative Center opens in the spring. It houses the Bank's IT and admin functions, the training center for cantonal banks in French- and Italian-speaking Switzerland and the Bank’s trading room – one of the largest in French-speaking Switzerland.

1993

BCV acquires Banque Vaudoise de Crédit.

1981

BCV introduces a decentralized organizational structure with regional headquarters to oversee the offices and branches of each region (the Renens regional headquarters is shown).

1970

BCV has 43 branch offices.

1950

The Bank's admin departments move into the Beau-Séjour extension on the south side of the main building.

1945

The end of the Second World War marks the start of a phase of rapid growth at BCV. The Bank has 27 branches spread over the canton and begins building an extension on its main building.

From 1845 to 1945

1932

BCV takes over several regional banks in liquidation and expands its footprint in Vaud.

1903

BCV opens a new head office at 14 Place St-François in Lausanne.

1853

A mere seven years after its founding, BCV moves into a stately building at 25 Rue Saint-Pierre. This time the Bank decides to buy the property rather than to rent it.

1846

BCV opens its doors on 21 July and is led by Adolphe Burnand until 1852. The Bank leases office space at 13 Rue Saint-Pierre in Lausanne, paying CHF 110 francs per month in rent.

1845

In the midst of tough economic conditions, the people of Vaud petition the Cantonal Parliament to create a canton-level banking institution: BCV is born.