Andorra

Credit Andorra takes this year’s award for efficient balance sheet management, which has enabled the bank to achieve a 19.7% ROE, while holding its cost:income ratio at an astonishingly low 24.5%. Another factor in Credit Andorra’s success is the bank’s firm commitment to personnel management, a policy that translates into constant investment in training, evaluation, classification and social benefits. “At Credit Andorra we always set our sights high so that we can offer our clients the best possible products and services,” says Josep Perabla Duró, the bank’s chief executive. “It is thanks to their confidence that we have been able to strengthen our position in the Andorran financial sector. “The path we have taken deals with the specialised management of our business models in private banking, businesses and corporate banking and banking for individuals, using the clear strategy of focusing all our attention on the client, which is the underlying principle of our cultural model. Competent professionals, flexible structuring, the use of the latest technology and precise risk control have allowed us to steadily consolidate our institution’s standing in the world of international finance. Our aim is to continue improving by speaking to and fully interacting with the broad segment of Andorran society.”