All Andorra news / Business and Economy

CEB welcomes Andorra as 42nd member state

Andorra officially became the 42nd state to join the Council of Europe Development Bank (CEB).

The Governor of the CEB, Rolf Wenzel, said: “On behalf of everyone at the CEB I extend a warm welcome to Andorra. In the spirit of solidarity which characterises the CEB and its work, all its members are united in their …

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Agenda / All Andorra news

The conference “Financial markets: expectations for 2020” takes place in Andorra

Thursday, 19th December at 18.30h in the Crèdit Center building, 3rd floor, Av. Meritxell, 80, Andorra la Vella.

Confirmation of attendance on 88 88 88 before Wednesday, 18th.

Financial markets: expectations for 2020. Crèdit Andorrà is pleased to invite you to the conference ‘Financial Markets: expectations for 2020’, led (in Catalan) by David Macià Pérez, CFA, Investment …

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All Andorra news / Business and Economy

The recovery and resolution of banks and investment companies bill of Andorra is approved

photo: govern

The recovery and resolution of banks and investment companies Bill of Andorra is approved. The Government has approved the Recovery and Resolution Act of banks and investment companies, which aims to enable the resolution of any financial institution without entailing a serious interruption to the system, minimizing as much as possible the …

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Opinion

A successful bank should be a good trusted advisor and supporter of their clients, said Mike Curran, director of PWC London

Mike Curran, director of the PricewaterhouseCoopers LLP (London), took part at a seminar “Brexit: an overview of the impact for investors” in Andorra, offered by Morabanc. He shared with all-andorra.com his point of view on private banking perspectives and gave advice how to manage clients successfully:

“I’ve been doing this type of events in Andorra for …

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Interview

The new Andorran government has very serious plans related to infrastructure improvements, says the Minister of Economy and Business of Andorra, Jordi Gallardo Fernandez

The Minister of Economy and Business of Andorra, Jordi Gallardo Fernandez talked to all-andorra.com about the new government’s main projects. Among them were the construction of the airport in Andorra with a large capacity, the possible construction of a railway leading to Andorra from both France and Spain and reforming the banking system. He also …

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Interview

Cash will be the best asset for the next 12 to 24 months, says L. Burke Files, an expert in international finance, due diligence and anti-corruption

L. Burke Files is an international investigator, due diligence expert, and international finance and corporate world insider. For nearly three decades, he has worked as a specialist in international finance and due diligence working on projects in over 100 countries. Before founding FE&E in 1993, he was a licensed commodity FCM and CTA for Oppenheimer …

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All Andorra news / Business and Economy

Anna Olsina has been appointed Deputy General Business Manager in the Andbank Group

photo: Andbank

The Andbank Group, with its commitment as a benchmark private banking international family banking and financial group, reinforces its senior management by adding a manager of recognised standing to its headquarters, reports the bank. The aim of the appointment, pending AFA authorisation, is to ensure the cohesion and standardisation of the highest …

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All Andorra news / Society

A judge in Andorra has charged 28 people, including former officials in Venezuela, with money laundering offenses

A judge in Andorra has charged 28 people, including former officials in Venezuela, with money laundering offenses over a kickbacks-for-contracts scheme that plundered $2 billion from the Venezuelan state oil company between 2007 and 2012.

Investigating magistrate Canolic Mingorance issued the indictments on Thursday, wrapping up a five-year investigation into opaque deposits in the Banca Privada …

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All Andorra news / Business and Economy

Standard & Poor’s confirms the long-term rating of Andorra at the level of “BBB / A-2” and maintains a stable outlook

Standard & Poor’s confirms the long-term sovereign rating of Andorra at the level of “BBB / A-2” and maintains a stable outlook. Analysts of the agency positively rate the reform program in Andorra, good financial results and rapprochement with international standards.

The agency points out that the rating can be raised if Andorra’s negotiations with the …

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