Annual Report 2023 | VP Bank AG (original) (raw)
Promotion of talents
Promoting talents is a continuous process that extends across an employee’s entire career, and it pays off for VP Bank in the long run.
Talent Academy
The individual strengths of its employees are the most important asset of any enterprise. Using the diverse, specific skills of individual employees in a targeted manner and continuously enhancing them are key to the success of VP Bank.
Sponsoring
Our senior management executives convey our values and strategy to the business, making them important ambassadors for VP Bank.
Leadership Journey
For VP Bank, the recruitment and development of trainees, student apprentices and graduates is an important component of its People Strategy.
Young Talent
For VP Bank, the recruitment and development of trainees, student apprentices and graduates is an important component of its People Strategy.
Science & Research
Taking sustainability into account is of special concern to us. It provides added value to us as a bank as well as to our clients and investors. This is why we need talented individuals for our shared future.
Thanks to our diversified business model, we were once again able to increase VP Bank Group's earning power. Annual profit increased by 10.1 per cent compared to the previous year.
Total Assets in CHF
0011.4 bn.
Total Operating Income in CHF
364.4 mn.
Client Assets in CHF
51.1 bn.
Total Shareholders' Equity in CHF
1107.2 mn.
Net Income in CHF
44.2 mn.
Cost/Income Ratio
86.0 %
Acceleration of growth in the second half of the strategy
Thomas R. Meier (PVR)
and Paul H. Arni (CEO)
2023 in Review
January
“Best Private Bank” for intermediaries in Singapore
January
“Best Private Bank” for intermediaries in Singapore
VP Bank Ltd Singapore Branch is commended as the “Best Private Bank – Intermediary Service”.
March
2022 annual results of VP Bank Group
March
2022 annual results of VP Bank Group
In a challenging market environment, VP Bank Group posted net income for the year of CHF 40.2 million in 2022. Profitability proved to be resilient, making it possible to invest further in Strategy 2026 as planned.
March
Best score for “Risk Indicator 1”
March
Best score for “Risk Indicator 1”
Once again, VP Bank is commended by Dun & Bradstreet with the toprating “Risk Indicator 1” for risk and creditworthiness.
März
Tech Awards
VP Bank and GFT Technologies win the Banking Tech Award for the unique solution for tokenized collectibles as well as the FS Tech Award for digital asset innovation.
April
Signing of the Women in Finance Charter and Advance membership
April
Signing of the Women in Finance Charter and Advance membership
In signing the Women in Finance Charter and securing Advance membership, the bank underscores its commitment to promoting gender equality within the economy.
April
60th annual general meeting of VP Bank
April
60th annual general meeting of VP Bank
At the 60th annual general meeting, the shareholders of VP Bank approve all the proposals of the Board of Directors and resolve to keep the dividend unchanged.
May
Future Workplace
Within the space of five months, VP Bank distributed 1,200 laptops to all locations, thus offering all employees the opportunity to work flexibly from any location.
May
Risk Robustness initiative completed
May
Risk Robustness initiative completed
In order to enhance risk management and monitoring and to comply with more stringent regulatory requirements, VP Bank monitors and adjusts the respective framework conditions and processes as part of the Risk Robustness strategic initiative.
June
First digital client onboarding for intermediaries
June
First digital client onboarding for intermediaries
As part of its Strategy 2026, VP Bank further enhances its digital services for clients by investing in an open, flexible IT and service architecture and successfully rolls out digital client onboarding for intermediaries.
June
New product line for young adults
June
New product line for young adults
With VP Bank Nova, the bank introduces a new product line for the next generation, offering tailor-made private banking solutions for young clients.
July
«Target Gender Equality»
July
«Target Gender Equality»
VP Bank participates in the UN’s Target Gender Equality programme with the aim of improving gender diversity within the ambit of its Sustainability Plan 2026.
August
Semi-annual results of VP Bank Group
August
Halbjahresergebnis der VP Bank
VP Bank increased its semi-annual profit by 19 per cent to CHF 25.5 million, staying on track with the implementation of its strategy.
September
Vaduz Food Festival 2023
September
Vaduz Food Festival 2023
VP Bank’s recent culinary commitment at the food festival also involves financial education for children.
September
VP Bank Swiss Ladies Open
September
VP Bank Swiss Ladies Open
The fourth edition of the international VP Bank Swiss Ladies Open is held at Golfpark Holzhäusern from 15 to 17 September 2023.
September
15 years of VP Bank in Singapore
September
15 years of VP Bank in Singapore
VP Bank celebrates its 15th anniversary in Singapore with its branch acquiring new, modern office premises.
October
Excellent annual report
October
Excellent annual report
VP Bank Group’s annual report wins six international awards in 2023.
November
Annual philanthropic event
November
Annual philanthropic event
Numerous social and charitable institutions receive donations at the VP Bank Foundation’s “Lichtblick” philanthropic event.