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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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Andbank makes a profit of 29.5 million euros,  more than 5% up on 2019

Andbank makes a profit of 29.5 million euros, more than 5% up on 2019

Andbank

Escaldes-Engordany, 24 March, 2021. Andbank, the international Group specialising in private banking, closed last year with a profit of 29.5 million euros, up more than 5% compared to the previous year. The positive growth of the business in the places where it has a presence, the opening of new offices, and the closing of corporate […]

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MyInvestor, reaches 1 billion euros in record levels of fund subscriptions and account openings

MyInvestor, reaches 1 billion euros in record levels of fund subscriptions and account openings

Andbank

Andorra, 22 March, 2021. MyInvestor, the neobank owned by Andbank España, El Corte Inglés Seguros and AXA España, reaches 1 billion euros in turnover (balance in accounts, investment and mortgages) and consolidates its leadership as the largest Spanish fintech by volume. The neobank achieves this milestone after multiplying its turnover 10-fold in just 20 months, […]

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Andbank España donates 250,000 euros to CRIS against cancer through its SIGMA Global Sustainable Impact (GSI) fund

Andbank España donates 250,000 euros to CRIS against cancer through its SIGMA Global Sustainable Impact (GSI) fund

Andbank,

Events

Madrid, 4 March 2021. Andbank España, an entity specialising in private banking, has donated 251,029 euros to the CRIS Foundation against cancer through its SIGMA Global Sustainable Impact (GSI) fund. This fund, which invests in accordance with ESG and impact criteria, allocates 9% of the management fee and 100% of the success fee to this […]

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Andbank España concludes the acquisition of Degroof Petercam Spain after regulatory approval

Andbank España concludes the acquisition of Degroof Petercam Spain after regulatory approval

Andbank

Madrid, 25 February 2021. Andbank España has today concluded the acquisition of 100% of the shares of Bank Degroof Petercam Spain S.A.U. following the approval of the transaction by the Bank of Spain, the European Central Bank, the CNMV and the AFA. Andbank thereby incorporates 1.35 billion euros in business volume and more than 1,000 […]

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Andbank’s SIGMA Balanced fund receives a five-star sustainability rating from Morningstar

Andbank’s SIGMA Balanced fund receives a five-star sustainability rating from Morningstar

Andbank,

Premis

Andorra, 18 February 2021. Andbank’s Sigma Balanced investment fund has received the five-star sustainability rating, the highest rating given by Morningstar. This rating evaluates the sustainable investment criteria applied to the selection of assets according to the category of the fund. In addition, at the end of 2020, the fund also maintained its four Morningstar […]

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