• The agency highlights the Bank’s leadership in the Andorran market, its capacity to generate profits and its international presence.
• It also takes into account the potential impact that the current COVID-19 crisis may have globally and on the international banking system, as well as the local impact on the Principality of Andorra and the Bank itself.
• It is a strategic alliance that serves to promote the insurance business, growth and generation of added value for customers of the Principality's leading bank.
• Crèdit Andorrà will hold 49% of CA Vida Assegurances (the field of risk-life products) and Caser Seguros will hold 51%.
• Crèdit Andorrà will retain 100% of the capital of Crèdit Assegurances (life insurance-savings, retirement and pension plans).
The two publications belonging to the Financial Times Group have recognised its leadership in the Andorran market, strategy for international growth and commitment to digital innovation and customer service
Crèdit Andorrà has been recognised as the best private bank in Andorra by the financial publications The Banker and PWM, both belonging to the Financial Times Group, for the third consecutive year. The award recognises the company’s strategy to consolidate a competitive, digital, innovative and responsible private banking model, aimed specifically at offering the best customer service and personalised attention.
The agreement with the Catalan and Portuguese companies is a strategic alliance that will allow the partners to take advantage of the complementary nature of the products and services they offer
Crèdit Andorrà, the leading financial group in Andorra, has reached an agreement with Mútua General de Catalunya and the Portuguese insurance company Caravela under which they will become shareholders of CA Life Insurance Experts, the Crèdit Andorrà Group's Spanish life insurance company.
The rating agency highlights the bank’s leadership of the Andorran market and the focused and profitable international growth strategy
Fitch Ratings affirmed Crèdit Andorrà’s long-term rating at BBB, with a stable outlook, and short-term rating at F3, a rating that reflects the bank’s financial strength.
Fitch noted Crèdit Andorrà’s leadership of the Andorran market and its international presence in private banking, which it rates as adequate and profitable, as well as the company’s resilient profit generation.
The Group consolidates its position as the top bank in the sector in terms of profits and top in the country in terms of business volume, with €9.408 billion
The bank reaffirms its support for the Andorran economy and society with a loan investment of €2.502 billion and a commitment to social issues in the order of €2.68 million
Investment in technology and the implementation of its organisational transformation plan has enabled the bank to provide a response to the new banking and regulatory model to tackle the challenges of the future with maximum competitiveness
The Group consolidates its position as the top bank in the sector in terms of profits and top in the country in terms of business volume, with €9.408 billion
The bank reaffirms its support for the Andorran economy and society with a loan investment of €2.502 billion and a commitment to social issues in the order of €2.68 million
Investment in technology and the implementation of its organisational transformation plan has enabled the bank to provide a response to the new banking and regulatory model to tackle the challenges of the future with maximum competitiveness
This is the seventh year running that the financial publication has named Crèdit Andorrà the best private bank and the fifth year it has recognised its corporate social responsibility policies
For the seventh consecutive year, Global Banking & Finance Review has recognised Crèdit Andorrà as the best private bank in Andorra in 2019. This award is in addition to its recognition for the fifth year as the Principality's best bank in CSR 2019, thanks to its corporate social responsibility policy.
