Good prospects

Andorran Banking faces 2019 with optimism in view of the results at the close of 2018. The results were expected given the complex global environment which we are in. We are a transparent financial marketplace focused on digitization and fully committed to the future of Andorra. We have solid fundamentals with strong capitalization, a Cet1 ratio (phase-in) of 16.30% and a ROE of 7.31%, both above the average for European banks published by the EBA.

In the last few years, the funds managed by Andorran banks have almost doubled, providing sound foundations to face the future with a clear roadmap that involves creating security and trust; adapting to the new demands of clients and regulations; supplying sustainable and responsible credit to the economy; and creating opportunities thanks to a solid positioning on the global stage.

Andorran banks consolidate their position 

The Andorran banking sector ended the year 2018 on a high note with a total of 44.9 billion euros of funds under management, a figure that has remained stable over the past three years, but which has almost doubled in the last decade.

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Adherence to the Single European Payment Area (SEPA)

Andorran Banking at the Student-Business Forum

On the 5th of April, the Association of Andorran Banks took part in the 9th Student-Business Forum which was organized by the Department of Youth and Education and the Professional Counselling Centre.

The aim of the Forum is to encourage contacts between Andorran entrepreneurs and students in higher education, secondary and vocational training sectors. Businesses are given the chance to look for prospective professionals while students are offered the possibility of contacting Andorran businesses directly, allowing them to enter the labour market more easily before they finish their studies.

A new exclusive production from Cirque du Soleil

This July, Cirque du Soleil returns to Andorra with a unique show that can only be seen in the Principality. “Rebel” is a tribute to the most iconic singers of the last 50 years, which combines great musical successes with amazing acrobatics.

 

See what's coming up  in this VIDEO

Information and tickets HERE