Andbank

Andbank is the oldest firm of private bankers in Andorra.

Andbank (Andorra Banc Agrícol Reig)
IndustryPrivate banking
Founded1930
HeadquartersAndorra La Vella, Andorra
Key people
Manel Cerqueda Donadeu
Oriol Ribas Duró
Ricard Tubau Roca
€256 million (2016)[1]
€61 million (2016)[1]
AUM€21,989 million (2016)[2]
Total assets€4,989million (2016)[1]
Number of employees
1142 (2016)[1]
Websitewww.andbank.com

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)
  • Andbank Luxembourg S.A. (Luxembourg)
  • Andbanc Wealth Management, LLC (Miami, United States)
  • Andbanc Brokerage, LLC (Miami, United States)
  • Andbanc Advisory, LLC (Miami, United States)
  • Andbank (Panamá) S.A. (Panama)
  • Andbank (Bahamas) Limited (Bahamas)
  • AND PB Financial Services, S.A. (Uruguay)
  • Quest Capital Advisers Agente de Valores, S.A. (Uruguay)
  • Columbus de Mexico, S.A. de CV (Mexico)
  • Banco Andbank (Brasil), S.A. (Brazil)
  • Andbank España S.A.U. (Spain)
  • Andbank Wealth Management SGIIC S.A.U. (Spain)
  • Medpatrimonia Invest S.L. (Spain)
  • Sigma Portfolio Management (Israel)

Awards and acknowledgments
  • The Banker 2012 and 2014: “Bank of the year”.
  • The Banker 2014, 2015 and 2016: Global Private Banking Awards “Best Private Bank” (Andorra).
  • Global Finance 2015: “Best Private Bank Award”.
  • The European 2015: Global Banking & Finance Awards “Private Bank of the Year” (Andorra).
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See also

References
  1. Bank Profile: Andbank
  2. Annual Report 2012
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