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Fitch Rating agency keeps Morabanc’s rating for the second year at BBB with stable outlook

Fitch Rating agency keeps Morabanc’s rating at BBB with stable outlook. This rating is maintained by bank for the second year.

According to Morabanc, the bank was able to maintain the rating largely thanks to a serious transformation and the establishment of new rules, which include investments in the development of new banking digital technologies, the …

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Agustín Berasaluce and José Gefaell became independent directors of Morabanc

Agustín Berasaluce and José Gefaell became independent directors of Morabanc. These assignments are related to the bank’s policy of focusing on international corporate governance standards. In particular, the independent directors will oversee the remuneration of directors, audit and compliance procedures in accordance with the recommendations and best world practices.

The new directors replace Gilles Serra and …

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Morabanc presents new platform for e-banking and plans to increase the number of customers up to 50%

Today Morabanc has presented a new platform of digital services (e-banking) as a “new way of doing banking business”. According to the bank’s general director Lluís Alsina, the main goal of the bank – to increase the number of customers using online banking services and other digital services, up to 50%. “It’s ambitious, but realistic, …

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The government of Andorra and Morabanc presented the recipe book, which includes 12 dishes from one of the best chefs in Andorra

The Minister of environment and agriculture of Andorra Sílvia Calvó and the director of marketing and communications of Morabanc Mireia Maestre presented the recipe book, which includes 12 dishes from one of the best chefs in Andorra. The book includes only the recipes containing the dishes of lentils, beans and peas.

Sílvia Calvó recalled that the …

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Jordi Mora Magriñà became the new President of Andorran Morabanc, replacing his predecessor Francesc Mora Sagués

Photo: Morabanc

Jordi Mora Magriñà became the new President of Andorran Morabanc, replacing his predecessor, Francesc Mora Sagués.

Francesc Mora worked in Мorabanc for 20 years, last six years as President. Under his chairmanship, the Bank managed to increase the capitalization of its subsidiaries in the United States and Switzerland, as well as hold a number …

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Morabanс group opened in Luxembourg a branch “Mora Asset Management Luxembourg, SA”

Morabanс group opened in Luxembourg a branch “Mora Asset Management Luxembourg, SA”. Official action took place in “Château de Septfontaines” in the presence of presidents of MoraBanc, Francis and George Mora, the CEO Pedro Gonsalez Grau, and also in the presence of representatives of world financial and diplomatic community.

Maria Victoria Simon will head MoraBanc group …

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Andorran MoraBanc declared cancellation of the transaction on acquisition of a controlling stake of the Spanish company Tressis by mutual agreement

One of five banks of Andorra – MoraBanc — declared cancellation of the transaction on acquisition of a controlling stake of the Spanish company Tressis by mutual agreement. Tressis is the financial consultant with experience in the Spanish market about 15 years. In the official statement of bank it is said that “in present financial …

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Andorran MoraBanc reached an agreement on acquisition of Tressis – financial consulting company that has been working at Spanish market for 15 years

One of the five Andorran banks – MoraBanc – reached an agreement with shareholders of Tresis (financial consulting company that works at Spanish market) on acquisition of the company. It is a first trade of MoraBanc in Spanish financial sector. Earlier MoraBanc effected a deal on Spanish real estate market by buying into acquisition private …

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Andorran MoraBanc announced the appointment of the new head of the department, responsible for assets management

In accordance to the official statement of MoraBanc, David Azcona was appointed the Head of Assets Management Department.

David Azcona graduated from The University of Navarra (Universidad publica de Navarra)—one of the most prestigious universities of Spain and obtained academic credentials, he also graduated from master courses in banking and finances. He started his career as …

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The British magazine World Finance named MoraBanc the best Andorran bank in accordance to World Finance Banking 2014 rating

The British magazine World Finance named MoraBanc the best Andorran bank in accordance to World Finance Banking 2014 rating. The bank says that the annual publication of this rating demonstrates the analysis of all work quality indexes of bank institutions. Last year MoraBanc was also named the best bank of Andorra.

Morabanc notes that the decision …

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