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Andbank opens a new office in Luxembourg

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Andbank opens a new office in Luxembourg

The bank has 88 professionals in the country. The Luxembourg Finance Minister attended the presentation event.

Andbank recently opened its new office in Luxembourg, where it has a team of 88 professionals. Manuel San Salvador is in charge of the bank in the country, where Andbank has been present since 2009.

The Luxembourg finance minister, Pierre Gramegna, attended the presentation event, along with other public figures and business people from the country. Manuel San Salvador, Andbank CEO in Luxembourg, said during the opening that “this new office is another step in the bank’s growth strategy in a key country for investment fund management”.

Andbank has a banking license in Luxembourg and a fund manager, Andbank Asset Management Luxembourg. The bank’s business amounts to 2 billion euros of assets under management and it has more than 1,000 clients.