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Andbank is a
universal bank A universal bank participates in many kinds of banking activities and is both a commercial bank and an investment bank as well as providing other financial services such as insurance.Andorra , image_flag = Flag of Andorra.svg , image_coat = Coat of arms of Andorra.svg , symbol_type = Coat of arms , national_motto = la, Virtus Unita Fortior, label=none (Latin)"United virtue is stro ...
providing retail, private and corporate banking services in Andorra and internationally.


History

Andbank was created in August 2001 as a result of the merger between Banc Agrícol i Comercial d’Andorra (that was founded in 1930) and Banca Reig (founded in 1956).


Organizational structure

The firm is privately owned by the Cerqueda and Ribas families. It is directed by a team of independent professionals. Andbank’s Board of Directors is composed of the following individuals: *Oscar Ribas Reig, Honorary Chairman *Manuel Cerqueda Donadeu, Chairman *Oriol Ribas Duró, Deputy *German Castejón Fernández, Director *Manuel Cerqueda Diez, Director representing Cerqueda Donadeu, S.A. *Jorge Maortua, Director representing Reig Finances S.A.U. *Manuel Ros Gener, Director *Xavier Santamaria Mas, Director *Jaume Serra Serra, Director *Josep Vicens Torradas, Director representing Inversion, Gestions i Estudis, S.A.U. *Jacobo Baltar García Peñuela, Secretary General *Ricard Tubau Roca, CEO


Subsidiaries

Andbank has a network of forty subsidiaries in Europe, America, and Asia, including: *Andbank Monaco SAM (
Monaco Monaco (; ), officially the Principality of Monaco (french: Principauté de Monaco; Ligurian: ; oc, Principat de Mónegue), is a sovereign city-state and microstate on the French Riviera a few kilometres west of the Italian region of Lig ...
) *Andbank Luxembourg S.A. (
Luxembourg Luxembourg ( ; lb, Lëtzebuerg ; french: link=no, Luxembourg; german: link=no, Luxemburg), officially the Grand Duchy of Luxembourg, ; french: link=no, Grand-Duché de Luxembourg ; german: link=no, Großherzogtum Luxemburg is a small lan ...
) *Andbanc Wealth Management, LLC (Miami, United States) *Andbanc Brokerage, LLC (Miami, United States) *Andbanc Advisory, LLC (Miami, United States) *Andbank (Panamá) S.A. (
Panama Panama ( , ; es, link=no, Panamá ), officially the Republic of Panama ( es, República de Panamá), is a transcontinental country spanning the southern part of North America and the northern part of South America. It is bordered by Co ...
) *Andbank (Bahamas) Limited (
Bahamas The Bahamas (), officially the Commonwealth of The Bahamas, is an island country within the Lucayan Archipelago of the West Indies in the North Atlantic. It takes up 97% of the Lucayan Archipelago's land area and is home to 88% of the ar ...
) *AND PB Financial Services, S.A. (Uruguay) *Quest Capital Advisers Agente de Valores, S.A. (
Uruguay Uruguay (; ), officially the Oriental Republic of Uruguay ( es, República Oriental del Uruguay), is a country in South America. It shares borders with Argentina to its west and southwest and Brazil to its north and northeast; while bordering ...
) *Columbus de Mexico, S.A. de CV (Mexico) *Banco Andbank (Brasil), S.A. (
Brazil Brazil ( pt, Brasil; ), officially the Federative Republic of Brazil (Portuguese: ), is the largest country in both South America and Latin America. At and with over 217 million people, Brazil is the world's fifth-largest country by area ...
) *Andbank España S.A.U. (Spain) *Andbank Wealth Management SGIIC S.A.U. (Spain) *Medpatrimonia Invest S.L. (Spain) *Sigma Portfolio Management (Israel)


See also

* List of banks in Andorra


References


External links


Associació de Bancs Andorrans (ABA) (Association of Andorran Banks)

Institut Nacional Andorrà de Finances (INAF) (Andorran National Institute of Finances)
{{Webarchive, url=https://web.archive.org/web/20100724042152/http://www.inaf.ad/ , date=2010-07-24
Andbank at AndorraPartner
Banks of Andorra Banks established in 1930 1930 establishments in Andorra