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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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Financial Times confirms the position of Credit Andorra as the biggest Andorran Bank in the list of TOP 1000 world banks rating

Financial Times confirms the position of Credit Andorra Bank as the biggest Andorran Bank in the list of TOP 1000 world banks rating. This classification is based on the capitalization indexes and financial stability of banking structure; it is annually published in “The Banker” magazine.

The rating of the bank is confirmed by the 1-st level …

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According to the Global Banking & Finance Review 2014 Credit Andorra is the best Andorran bank in the nomination “private banking”

It is for the second time that Global Banking & Finance Review agency grants the status of the best Andorran bank in “private banking” sector to Credit Andorra. This service is a top-notch level of client service in the global scale that presupposes individual approach to every client depending on the demands and risks management. …

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Credit Andorra Bank fixed the growth of profit up to 71.24 mln euro in accordance to the results of 2013

In 2013 the profit growth of Credit Andorra Bank made up 0.53%, its level came up to 71.24 mln euro. Taking into consideration the general difficulty of economic situation in Europe, the management of the bank is totally satisfied with the result. Positive results were attained by means of progressing expansion of foreign markets.

Credit Andorra …

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Credit Andorra financial group launches an investment fund in Luxembourg

Credit Andorra financial group proceeded international expansion: it has opened the investment fund in Luxemburg—one of the leading financial centers, famous for its fund management experience. “Credit Andorra” has already got two registered variable capital investments companies (SICAV), founded in 2004 and 2008.

In 2011 Credit Andorra financial group has also acquired Luxembourg Banque de PatrimoinesPrives …

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