It is 100% digital and offers comprehensive investment management with a team of experts who advise clients on the best decisions.

Users can open a Merkaat account directly through their app and web app without having to go into a branch.

Merkaat is a service offered in Spain by Banco Alcalá, SA, a Crèdit Andorrà Financial Group company.


The two publications belonging to the Financial Times Group have recognised the Bank’s digital transformation and its customer service orientation, as well as the balance between its leading position in Andorra and its international expansion.

This commendation comes following the Bank also winning this award last year, and being rated as Bank of the Year in Andorra by The Banker in 2016 and 2017.


• The new holding company is 51% owned by ERM and 49% owned by RSM
• The result of this agreement is the first private insurance brokerage in Spain


ERM Holding, part of the Crèdit Andorrà Group, and the holding company RSM have reached an agreement to merge their brokerage and consultancy businesses. The operation creates the new holding company, ERSM Insurance Brokers, a leader in the Spanish market as the first private insurance brokerage in Spain. The new holding company is formed by ERM (51%) and RSM (49%).

Awards and recognition

Fitch Ratings agency has maintained Crèdit Andorrà’s long-term rating at BBB, with a stable outlook, and the short-term rating at F3. This rating reflects the banks’ financial strength and the ability of the Group’s business model to produce recurrent profits from its ordinary activities. 


• During his speech to shareholders, Chairman of the Crèdit Andorrà Board of Directors, Antoni Pintat, stressed “the financial strength of Crèdit Andorrà” and said “the bank has to lead and preserve the essential, its commitment to clients and country, while growing in the world of responsible innovation”

• Crèdit Andorrà Managing Director until now, Josep Peralba retires after more than 51 years of service to the bank. He was given heartfelt thanks and an emotional farewell by the Board and the shareholders

Awards and recognition

• The financial publication World Finance awards this prize for the best provider of wealth management in Andorra to Crèdit Andorrà, in acknowledgment of the entity’s soundness, its management model and its capacity for innovation

• The prize emphasises that Crèdit Andorrà has solid, proactive and holistic knowledge of its clients’ needs and objectives


• The consolidated net profit was 50.1 million euro, in line with the forecast figures for a year marked by changes in banking models and adjustments for compliance with new regulations in Andorra and on an international scale.

• The bank won prizes as Bank of the Year in Andorra (‘The Banker’) and Best Private Bank in Andorra (‘The Banker’ and PWM), with recognition of ‘Banking Innovation’ for Merkaat (Efma).

Awards and recognition

The financial magazine has granted the private banking award to Crèdit Andorrà for the sixth consecutive year, and acknowledges its social responsibility policies for the fourth year

Global Banking & Finance Review has recognised Crèdit Andorrà as the best private banking in Andorra for the sixth consecutive year, together with the award for best Andorran bank in CSR 2018, for its fourth year, regarding its social responsibility policy.

Awards and recognition

Efma chooses this new service, the first digital investment advisor in Andorra, for a banking innovation award


Merkaat, the first digital investment advisor of Andorra, developed by Crèdit Andorrà, has been chosen by Efma as banking innovation. The association has decided to give the award to this service, a new presentation this year, for its unique quality and service level, noting the differential factor involved.


This is the ninth time the bank has won this award

This year the bank has also been recognised as best in Andorran in private banking by the financial magazines ‘The Banker’ and ‘PWM’ of the Financial Times Group


Crèdit Andorrà has been chosen as Bank of the Year in Andorra 2017 by The Banker magazine, part of the Financial Times Group, also named this year by the same publication and by PWM as the best private bank in Andorra.


Format: 23-06-2022
Format: 23-06-2022