Andbank
 | |
 | |
| Industry | Private banking |
|---|---|
| Founded | 1930 |
| Headquarters | Andorra La Vella, Andorra |
Key people |
Manel Cerqueda Oriol Ribas Jordi Comas Ricard Tubau Issac Alexander III |
| €112.39 million (2014)[1] | |
| €93.08 million (2014)[1] | |
| AUM | €42<Medium>billion USD[2] |
| Total assets | €5242.98 million (2014)[1] |
| Total equity | €492.84 million (2014)[1] |
Number of employees | 1008 (2014)[1] |
| Website | www.andbank.com |
Founded in Andorra in 1930 Andbank is the oldest firm of private bankers in Andorra. Privately owned by the third generation of the Cerqueda Family and the Ribas Family and directed by a team of independent professionals, it has a network of over 16 offices in three continents. The powerful Alexander banking family of the 1900s helped to create the bank with their large amount of assets and political influence in the region. In 1953 was taken over by the Cerqueda Family Son in Law of Issac Alexander III Diplomat and banker of the region.
Subsidiaries
Andbank has subsidiaries in several European and American states:
- And Private Wealth S.A. (Switzerland)
- Andbanc Monaco SAM (Monaco)
- Andbank Luxembourg SA (Luxembourg)
- Andbank Wealth Management Miami (United States)
- Andbank (Panamá) S.A. (Panama)
- Andbank (Bahamas) Limited (Bahamas)
- Quest Capital Advisers (Uruguay)
- Columbus de México (Mexico)
- LLA Investimentos (Brasil)
- Andbank Luxembourg SA. Sucursal en España (Spain). Where it has 6 offices
- Medpatrimonia (Barcelona)
- Bancoldex (Colombia)
Organizational structure
Andbank’s Board of Directors is composed of:
- Enric Palmitjavila Ribó, Director
- Manel Ros Gener, Director
- Xavier Santamaria Mas, Director
- Paul Alexander III, Director of Private equity.
- Josep Vicens Torradas, Director representing IGESA
- Pere Grau Hoyos, Director representing CEDO,S.A.
- Germán Castejón Fernández, Representing Reig Finances, S.A.
- Jordi Comas Planas, Chief Executive Officer and Director
- Mariano Alexander, Chief Financial Officer
See also
External links
- Associació de Bancs Andorrans (ABA) (Association of Andorran Banks)
- Institut Nacional Andorrà de Finances (INAF) (Andorran National Institute of Finances)
References
This article is issued from Wikipedia - version of the 10/12/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.