Expanded Group Management
Group management is expanded with the addition of the “Investment Solutions” and “General Counsel & Chief Risk Officer” function, the latter headed by Monika Vicandi.
With the “NEXT” programme, VP Bank launches the implementation of its digitalisation strategy.
New Head of VP Bank (BVI) Ltd
Nicholas A. Clark is named CEO of the BVI office.
In 2016 VP Bank generates Group net income of CHF 58.0 million. Client assets under management increase by 2.8%
“A-” rating confirmed
The rating agency Standard & Poor’s confirms VP Bank’s “A-” rating and raises its outlook from “stable” to “positive”.
New CEO of VP Bank (Singapore) Ltd
Bruno Morel is appointed CEO of the VP Bank office in Singapore.
New investment advisory materials
VP Bank launches new investment advisory materials with attractive client solutions in Liechtenstein, Switzerland and Luxembourg.
Annual General Meeting
At the 54th Annual General Meeting, all resolutions put forth by the Board of Directors are approved. Teodoro D. Cocca, Beat Graf and Michael Riesen are all re-appointed to three-year terms on the Board.
«Drink & Donate»
VP Bank promotes the sustainable use of tap water and supports drinking water projects in developing countries.
Finance dialogue in Luxembourg
Under the motto “New challenges – new business opportunities”, VP Bank in Luxembourg sponsors the “VP Bank Finance Dialogue 2017” with Liechtenstein’s Prime Minister Adrian Hasler.
VP Bank complets its share buy-back programme and at 31 May 2017 holds treasury shares representing 8.66% of the company’s share capita
2017 interim results
In the first half of 2017, VP Bank Group records Group net income of CHF 31.5 million, and client deposit inflows totalled CHF 1.1 billion.
New brand design
VP Bank refreshes its design and makes it more digital friendly. Meanwhile, the new website with up-to-date portal technology is launched.
Agile client advisory
The introduction of tablets running investment advisory software makes it possible to provide clients with prompt, customised investment proposals during client meetings.
The private banking audit and assessment firm Fuchsbriefe rates VP Bank among the “Top Providers”. In the German-speaking countries, VP Bank is one of the top five banks, and in Liechtenstein it is ranked number 1.
Annual report receives awards
VP Bank Group’s print and online annual reports once again receive numerous international awards, with a total of eight for the 2016 reports.
As part of the VP Bank foundation’s annual “Lichtblick” charitable giving event, numerous charitable organisations receive a generous donation.