Banque Cantonale du Valais

Founded in 1917, Banque Cantonale du Valais is a universal bank, providing retail and corporate banking products mainly to the canton residents (natural persons and legal entities). Traditionally for cantonal banks, Banque Cantonale du Valais is especially strong in savings and mortgage products. Like most of the cantonal banks, Banque Cantonale du Valais has full state guarantee of its liabilities.

Bank Category
Cantonal banks

Services
Retail Banking
Corporate Banking

Banque Cantonale du Valais is the 34th largest bank in Switzerland in terms of total assets. In 2016 its total assets were 14 633,17 mln CHF, providing the bank with the market share of 0.47%. Banque Cantonale du Valais is the 14th largest cantonal bank in Switzerland (out of 24 banks) having market share of 2.65% amongst the banks of this category.

Rank in Switzerland
34th largest bank

Total Assets (2016)
14 633.17 mln CHF  (+4.88%)
Number of Employees (2015)
460  (+3.37%)

Banque Cantonale du Valais is headquartered in Sion.

Address
Place des Cèdres 8, 1951, Sion, Switzerland
P.O. Box
222
Phone
027 324 61 11
Fax
027 324 66 66
Website
http://www.bcvs.ch
E-Mail
info@bcvs.ch
BIC (SWIFT)
BCVSCH2LXXX
Company Number
CHE-105.845.241
Founded
1917

Business Summary

Business Focus
universal banking for natural persons and legal entities residing in the canton
Services
retail banking
corporate banking
Products
savings products
mortgage loans
Area Served
mainly the canton

Financial Positions

Total Assets (2016)
14 633.17 mln CHF  (+4.88%)

In 2016 total assets of Banque Cantonale du Valais were 14 633.17 mln CHF. Growth compared to the previous period (2015) was 4.88%. The evolution of the total assets of Banque Cantonale du Valais is shown at Chart 1 below.

Total Assets of Banque Cantonale du Valais. Chart 1. Total Assets of Banque Cantonale du Valais.

Recent changes in total assets of Banque Cantonale du Valais and its main components are shown in Table 1.

2015 2016 % change
Cash and deposits with Central Banks 1 989.9 2 250.1 +13.08%
Claims to banks 475.8 461.0 -3.10%
Claims to customers 2 459.7 2 367.4 -3.75%
Mortgages 8 450.8 8 951.7 +5.93%
Total Assets 13 952.3 14 633.2 +4.88%
Table 1. Recent changes in total assets of Banque Cantonale du Valais (mln CHF).

Recent changes in total liabilities of Banque Cantonale du Valais and its main components are shown in Table 2.

2015 2016 % change
Amount owed to banks 1 311.7 1 195.2 -8.88%
Amount owed to customers 9 057.7 9 297.0 +2.64%
Total Liabilities 13 952.3 14 633.2 +4.88%
Table 2. Recent changes in total liabilities of Banque Cantonale du Valais (mln CHF).

Profit and Loss

Annual Profit (2016)
57.53 mln CHF  (+1.25%)

Recent changes in gross profit of Banque Cantonale du Valais and its main components are shown in Table 3.

2015 2016 % change
Net Interest Income 158.6 165.4 +4.32%
Net Commission Income 35.8 34.7 -3.28%
Net Income from Trading Operations 19.6 23.8 +20.98%
Table 3. Recent changes in gross profit of Banque Cantonale du Valais (mln CHF).

In 2016 annual profit of Banque Cantonale du Valais was 57.53 mln CHF. Growth compared to the previous period (2015) was 1.25%. The evolution of the annual profit of Banque Cantonale du Valais is shown at Chart 2 below.

Annual Profit of Banque Cantonale du Valais. Chart 2. Annual Profit of Banque Cantonale du Valais.

Market Position and Market Share (among banks in Switzerland)

Total Assets (2016)
34th (market share 0.47%)

In 2016 Banque Cantonale du Valais was the 34th largest bank in Switzerland in terms of total assets, having 0.47% of market share.

Market share of Banque Cantonale du Valais Chart 3. Market share of Banque Cantonale du Valais

Several banks with market shares closest to Banque Cantonale du Valais are shown below.

RankNameTotal AssetsMarket Share
33 Banque Lombard Odier & Cie SA15043.06 mln CHF0.49%
34 Banque Cantonale du Valais14633.17 mln CHF0.47%
35 Zuger Kantonalbank14480.21 mln CHF0.47%
 

Deposit Guarantee

Deposit Guarantee
Yes (up to 100 000 CHF per depositor)
State Guarantee
full

Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.

All credit institutions operating in Switzerland are obliged to participate in Swiss deposit guarantee scheme.

In the case of Banque Cantonale du Valais failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Eligible Depositors  private individuals, commercial enterprises and public-sector offices
Covered Accounts  credit balances (e.g. personal accounts, savings accounts, investment accounts, salary accounts, numbered accounts, deposit accounts and current accounts)
Covered Currencies  all
Maximum Protected Amount  100 000 CHF
Paid In Currency  CHF
State Guarantee  full

Further Information

Bank Identifiers

Any bank can be identified for different purposes and hence can have several different identifiers.

BIC

BIC (Business Identifier Code, also known as SWIFT code or SWIFT BIC) is a the mostly used international identifier of financial institutions. SWIFT is the registration authority for BICs. BICs are used in financial transactions, client and counterparty data bases, compliance documents and many others.

A BIC consists of eight or eleven characters, comprising a financial institution code (four characters), a country code (two characters), a location code (two characters) and, optionally, a branch code (three characters).

BIC of Banque Cantonale du Valais and its components are shown in the table below.

BIC  BCVSCH2LXXX
Bank BIC Code  BCVS
Country Code  CH (Switzerland)
Location Code  2L
Branch Code  XXX

Company Registration Number

Company Registration Number is a distinctive code issued upon registration of a new company. This code can be used to find data about the company in a national company register.

Company Number  CHE-105.845.241

Domestic Presence

Branches (2015)
54  (-5.26%)