All Andorra news / Business and Economy

A new quota for residence permit and private entrepreneurship in Andorra has been approved

Andorra’s Council of Ministers has approved the regulation on the total quota of permits for residence and private entrepreneurship for immigrants to the country. The approved quota includes 250 permits.

Today, almost all of the previously approved quotas have been exhausted, which confirms the need to regulate the approval of the new quota and state regulation …

More
All Andorra news / Business and Economy

The official presentation of the airport construction project in the territory of Andorra will be held on June 19, 2019 in Andorra La Vella’s Congress Center

On the eve of this event, the Vice President of the Chamber of Commerce and Industry, Ramon Ginesta (Ramon Ginesta Julian) met with a group of big investors from Russia, headed by a member of the board of directors of a company managing three airports in southern Russia with passenger traffic of around 11 million …

More
All Andorra news / Business and Economy

Fitch Ratings has affirmed Mora Banc long-term issuer default rating (IDR) at ‘BBB-‘

Morabanc: Fitch Ratings has affirmed Mora Banc Grup, SA’s (MoraBanc) Long-Term Issuer Default Rating (IDR) at ‘BBB-‘ with a Stable Outlook and Viability Rating (VR) at ‘bbb-‘.

KEY RATING DRIVERS
IDRs and VR
Morabanc’s ratings reflect the bank’s well-established domestic franchise, which combined with growing and better performing international private banking business contribute to its earnings resilience, despite …

More
All Andorra news / Business and Economy

Morabanc creates a new strategy and investment department

Morabanc (MoraBanc) has combined its strategy and investment teams into a new department that will optimize customer service. This new, more flexible structure will be responsible for attracting investment services professionals, who will help clients manage their savings, investments or assets according to their needs.

“Thanks to a recent agreement with Goldman Sachs Asset Management, Morabanc …

More
All Andorra news / Business and Economy

Andorra participates in the Knowledge, Innovation and Sustainability Discussion Forum to coordinate the upcoming Ibero-American Summit in 2020

The acting minister of Economics, Competitiveness and Innovation of Andorra, Gilbert Saboya, took part in the presentation of the Knowledge, Innovation and Sustainability Discussion Forum. All these topics will be discussed at the upcoming 27th Latin American Summit. The event, organized by the Embassy of Andorra in Madrid, was held on March 18 at the …

More
All Andorra news / Business and Economy

In honor of the World Cup in Alpine Skiing, which will be held in Andorra, the government of the principality issued a special coin

In honor of the World Cup in Alpine Skiing, which will be held in Andorra, the government of the principality issued a special coin

Andorra’s Finance Minister, Jordi Cinca presented this commemorative coin this morning which the government issued in honor of the World Alpine Ski Championships, which will be held in March.

The minister noted that …

More