Establishment

1917: set up
1993: transformed into a public limited company

Legal status

Public-law limited company under the terms of Article 763, para. 1, of the Swiss Code of Obligations, instituted by the Law on Banque Cantonale du Valais dated 1st October 1991.

State guarantee

The State of Valais stands as guarantor for all of the BCVs’ liabilities and commitments.

Object laid down in the Articles of Incorporation

Provision of universal-banking services in accordance with the general interests of the Canton. Contribution to the smooth development of the Valais’ economy within the limits of prudential rules and regulations in the banking industry.

Stock exchange listing

SIX Swiss Exchange

Share capital

150 million Swiss francs:

• 2,200,000 registered shares issued having a par value of CHF 50.00 each 
• 400,000 bearer shares issued having a par value of CHF 100.00 each

Shareholding structure

Holder of registered shares: State of Valais Holders of bearer shares (deposited with BCVs): 14,421 as of 31.12.2012

Bearer shares

Share price as of 01.01.2012: CHF 798.-
Share price as of 31.12.2012: CHF 874.-

Network

68 outlets: 23 branches and 45 representative offices 68 Bancomat automated teller machines (ATMs)

Staff numbers

512 employees, including apprentices/444.5 full-time equivalents (FTE)

Profits in 2012

Operational gross profits: 133.9 million Swiss francs Net profits for the year: 54.8 million Swiss francs