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Andbank Spain grows 21% in the first half of the year and reaches a volume of 15.8 billion euros

Andbank Spain grows 21% in the first half of the year and reaches a volume of 15.8 billion euros

Andbank

Madrid, 26 July 2021. Andbank Spain, an entity specialising in private banking, closed the first half of 2021 with a turnover of €15.8 billion, 21% more than in December 2020. In just six months, Andbank has added EUR 2,735 million to its business as a result of the acquisition of Degroof Petercam Spain – a […]

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Carlos Aso, confirmed as CEO of the Andbank Group

Carlos Aso, confirmed as CEO of the Andbank Group

Andbank,

Appointments

Escaldes-Engordany, 1 July 2021. Andbank’s Board of Directors and the AFA (Andorran Financial Authority) have ratified the appointment of Carlos Aso as the Group’s CEO. In his new position, Aso will head a global private banking institution – with 90 years of history since its foundation in Andorra in 1930 – which currently operates in […]

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Andbank opens a correspondent account with Citibank

Andbank opens a correspondent account with Citibank

Andbank

Escaldes-Engordany, 10 June 2021.Andbank has opened a US dollar correspondent account with Citibank, a leading international institution and one of the largest banking and financial corporations in the United States. The agreement was made possible after having successfully passed a lengthy and thorough due diligence process, in which Citibank reviewed, analysed and assessed the bank’s […]

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Javier Planelles joins Andbank as the Group’s Managing Director of Technology and Operations

Javier Planelles joins Andbank as the Group’s Managing Director of Technology and Operations

Andbank,

Appointments

Escaldes-Engordany, 1 June 2021. Andbank, a global financial group specialising in private banking, has appointed Javier Planelles as the Group’s Managing Director of Technology and Operations. Previously at Cecabank, an entity which he joined 17 years ago and where, since 2016, he held the position of Corporate Director of the Operational Services Department. Planelles will […]

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Andbank to propose Carlos Aso to be CEO of the Group

Andbank to propose Carlos Aso to be CEO of the Group

Andbank,

Appointments

Escaldes-Engordany, 14 May 2021. Andbank’s Executive Committee has proposed Carlos Aso to be the Group’s new CEO. Aso, who has held the position of CEO at Andbank España from 2015 to 2021, replaces Ricard Tubau, who closes a 13-year period at the head of the Institution. Tubau will continue to be associated with Andbank as […]

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Fitch confirms Andbank rating at BBB

Fitch confirms Andbank rating at BBB

Andbank

Escaldes Engordany, 13 April 2021. Fitch Ratings has confirmed Andbank’s long-term credit rating at BBB, making it the Andorran bank with the best Fitch rating for the second consecutive year. In addition to highlighting the bank’s considerable international presence in the private banking business and its business scale – larger than that of its competitors […]

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