Press Room

Andorra, 9 June, 2020. Andorra will conduct a clinical research project in the Intensive Care Unit of the Nostra Senyora de Meritxell Hospital (Andorran Health Care Service) to investigate the correlation between mechanical ventilation parameters and inflammatory markers in critically ill COVID-19 patients admitted to the ICU. The SARS-CoV-2 infection (COVID-19 disease) can cause acute […]

Madrid, Spain – June 2020 Andbank Espana S.A.U. (“Andbank Espana”) and Bank Degroof Petercam SA (“Degroof Petercam”) announced today the signing of a share purchase agreement for the acquisition of Bank Degroof Petercam Spain S.A., a wholly owned subsidiary of Degroof Petercam, by Andbank Espana. Under the agreement, Andbank Espana will acquire 100% of the […]

Escaldes-Engordany, 26th May 2020 The use of digital channels by Andbank’s clients and users has risen by 20% in recent months due to the lockdown and the health prevention environment caused by the COVID-19 pandemic. In this regard, the institution’s data reveal that the increase in the number of online banking accesses has been gradual […]

Madrid, 4 May 2020. Andbank Spain, an entity specialising in private banking, ended 2019 with consolidated profits totalling 10.9 million euros (under IFRS regulations), a rise of 38% set against the previous year. The bank’s turnover in Spain amounted to 10.599 billion euros, a figure representing an upturn of 10% compared with the closure of […]

Escaldes-Engordany, 20th April 2020. Fitch has confirmed Andbank’s BBB long-term credit rating. The rating agency has revised the outlook from stable to negative due to the current environment caused by the coronavirus pandemic, underscoring that Andbank has headroom to emerge from the crisis with its ratings intact. According to Fitch, “these expectations are primarily driven […]

Andorra, 1 de abril de 2020. Andbank, en un gesto de responsabilidad y compromiso con el país, ha hecho un donativo inicial de 100.000 euros para ayudar a mitigar los efectos tanto sanitarios como económicos que está marcando el COVID-19.