The bank has also showed a strong commitment to customer loyalty and satisfaction, providing its clients with a wider choice of products, including some new structured products. Besides its strong presence in the principality, Andbanc has interests in Germany, Luxembourg, Switzerland, Panama and the Bahamas, and a wealth of diversified vehicles of investment and structured products.
“Every year is important and different in a business as dynamic as ours. Notwithstanding, 2005 is becoming a very special year for Andbanc,” says president Manel Cerqueda Donadeu. “Since its start, on December 30, 1930, Andbanc has known that its place was close to people. And this is the key to our business. Andbanc was founded just as modern Andorra started to build the foundations of its development and it has continued to consolidate its growth and position as a financial services provider highly specialised in private banking.