All Andorra news / Business and Economy

Everis NTT DATA company opens a branch in Andorra

Everis NTT company opens a branch in Andorra in the second quarter of 2017. The company will employ 25 people.

Today Everis company has offices in 16 countries (including Argentina, Belgium, Brazil, Chile, Colombia, Spain, Italy, Morocco, Mexico, Peru, Portugal, United Kingdom). In total, 17,000 specialists work in the company, in the last financial year the …

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All Andorra news / Interview

The volume of assets under Andbank’s management currently amounts to 23 billion euros, says the president of Andbank Manel Cerqueda i Donadeu

President of Andbank Manel Cerqueda i Donadeu tells all-andorra.com about the banks’ financial results from 2015, its development plans and macroeconomic situation in the world:

What are the bank’s financial results from 2015?

The volume of assets under the bank’s management currently amounts to 23 billion euros. Due to the international expansion which has taken place over the last …

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All Andorra news / Business and Economy

Fitch Ratings placed Andbanc, Credit Andorra and MoraBanc, SA’s Long- and Short-term Issuer Default Ratings (IDRs) of ‘A-‘ and ‘F2’, respectively, and their Viability Ratings (VRs) of ‘a-‘ on Rating Watch Negative (RWN)

Fitch Ratings placed Andorra Banc Agricol Reig’s (Andbank), Credit Andorra’s and Mora Banc Grup, SA’s Long- and Short-term Issuer Default Ratings (IDRs) of ‘A-‘ and ‘F2’, respectively, and their Viability Ratings (VRs) of ‘a-‘ on Rating Watch Negative (RWN), reports the agency.

The RWN reflects Fitch’s view that the operating environment and franchises of Andorra’s domestic …

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All Andorra news / Business and Economy

“The Banker” magazine names AndBank the best private bank of Andorra

According to FT, British magazine  “The Banker” named AndBank the best private bank of Andorra. In accordance to the statement of AndBank, the choice of the magazine was determined by such factors as “80 years of experience in private banking business, huge experience in asset management, growth and international expansion together with group diversification”.

In 2013 …

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