Andbank is a

universal bank A universal bank is a type of bank which 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. These are also called full-service ...

based in

Andorra Andorra, officially the Principality of Andorra, is a Sovereignty, sovereign landlocked country on the Iberian Peninsula, in the eastern Pyrenees in Southwestern Europe, Andorra–France border, bordered by France to the north and Spain to A ...

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).

Criticism

Following Russia's invasion of Ukraine in 2022, Andbank continues its existing operations in the country.

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, is a Sovereign state, sovereign city-state and European microstates, microstate on the French Riviera a few kilometres west of the Regions of Italy, Italian region of Liguria, in Western Europe, ...

) *Andbank Luxembourg S.A. (

Luxembourg Luxembourg, officially the Grand Duchy of Luxembourg, is a landlocked country in Western Europe. It is bordered by Belgium to the west and north, Germany to the east, and France on the south. Its capital and most populous city, Luxembour ...

) *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, officially the Republic of Panama, is a country in Latin America at the southern end of Central America, bordering South America. It is bordered by Costa Rica to the west, Colombia to the southeast, the Caribbean Sea to the north, and ...

) *Andbank (Bahamas) Limited (

Bahamas The Bahamas, officially the Commonwealth of The Bahamas, is an archipelagic and island country within the Lucayan Archipelago of the Atlantic Ocean. It contains 97 per cent of the archipelago's land area and 88 per cent of its population. ...

) *AND PB Financial Services, S.A. (Uruguay) *Quest Capital Advisers Agente de Valores, S.A. (

Uruguay Uruguay, officially the Oriental Republic of 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 the Río de la Plata to the south and the A ...

) *Columbus de Mexico, S.A. de CV (Mexico) *Banco Andbank (Brasil), S.A. (

Brazil Brazil, officially the Federative Republic of Brazil, is the largest country in South America. It is the world's List of countries and dependencies by area, fifth-largest country by area and the List of countries and dependencies by population ...

) *Andbank España S.A.U. (Spain) *Andbank Wealth Management SGIIC S.A.U. (Spain) *Medpatrimonia Invest S.L. (Spain) *Sigma Portfolio Management (Israel)

References

External links