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LA PURITO ANDORRA 2020 – GRAN PREMI ANDBANK PRESENTS ALL THE NEW DEVELOPMENTS

LA PURITO ANDORRA 2020 – GRAN PREMI ANDBANK PRESENTS ALL THE NEW DEVELOPMENTS

Andbank,

Events

Today, the sixth edition of La Purito Andorra – Gran Premi Andbank was presented in Andorra la Vella and will be held on 13 September. This event was held in Andbank’s convention room and was presided over by its host Mr Josep Mª Cabanes – Andbank’s Country Banking Deputy General Manager – together with Ms […]

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Andbank advocates sustainable investment through its SIGMA Global Sustainable Impact (GSI) Fund

Andbank advocates sustainable investment through its SIGMA Global Sustainable Impact (GSI) Fund

Andbank

Andorra, 14 July 2020. Andbank commits to sustainable investment through its Sigma Global Sustainable Impact (GSI) Fund, a multi-asset investment vehicle which uses ESG (environmental, social and good corporate governance) criteria in its investments and which was launched a year and a half ago. The Sigma Global Sustainable Impact (GSI) Fund, with its base in […]

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Andbank Espana acquires Degroof Petercam Spain

Andbank Espana acquires Degroof Petercam Spain

Andbank

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 […]

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Andbank Spain achieves record profits totalling 10.9 million euros, a 38% increase

Andbank Spain achieves record profits totalling 10.9 million euros, a 38% increase

Andbank

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 […]

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Fitch confirms Andbank’s BBB rating

Fitch confirms Andbank’s BBB rating

Andbank

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 […]

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Andbank achieved a volume of assets under 
management totalling 23,842 million euros in 2019

Andbank achieved a volume of assets under 
management totalling 23,842 million euros in 2019

Andbank

Andorra, 27th February 2020. Andbank, an international group specialising in private banking, ended 2019 with a volume of assets under management totalling 23,842 million euros, which represents an increase of 2,067 million euros, a figure 9.6% higher than that recorded in the previous year. Similarly, the credit investment stood at 1,611 million euros, above the […]

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