Choosing a bank
in Andorra
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Find the Andorran bank best suited to your needs
All banks in Andorra offer a high level of service and specific financial products and solutions. Depending on your needs and financial situation, one bank may be more suitable than another.
The types of bank, their advantages and their main characteristics are all factors to be taken into account when investing, setting up a company or moving to the Principality of Andorra. Gestoria Andorra provides you with a list of banking establishments in the Principality of Andorra.
Banks in Andorra
Presentation of the three banks in the Principality of Andorra
The Andorran banking system is renowned for its banking secrecy, competitiveness and the very high level of solvency of each of its banks. They are one of the pillars of the Andorran economic sphere. There are five banks in the Principality of Andorra:
MoraBanc
Andorran bank Morabanc is a benchmark for financial, property and business investments and savings in the Principality of Andorra. Thanks to its network of branches covering the whole of Andorra, MoraBanc is a first choice partner for both local and foreign investors.
It is able to meet the needs of individuals, businesses and investors. The bank is renowned for its speed, efficiency, transparency and reliability. Its management is guided by ethics, ensuring strict compliance with international regulations.
AndBank
AndBank is a private bank in the Principality of Andorra, often described as family-owned. It specialises in banking investments and wealth management. AndBank’s worldwide reputation is well established, and it is a major player in international finance with a solid reputation.
Creand
Andorran bank Credit Andorra offers an excellent view of the international financial system. It is a recognised Andorran banking player that encourages financial investment and innovation within companies. It also plays a social role in the Principality: it was the first bank in Andorra to join the United Nations Global Compact, while remaining committed to a policy of sustainable development via the United Nations Agenda 2030.
BECAUSE OF ITS EXPERTISE IN THE ANDORRA BANKING MARKET, Gestoria Andorra will find the ideal bank for you: we will gather together all the necessary documents and introduce you to the banker to open your Andorran bank account. We’ll be with you every step of the way so that you can benefit from all the advantages of the financial services offered by banks in Andorra.
Les avantages d’un compte bancaire en Andorre :
The Andorran banking system is recognised worldwide: thanks to relevant strategies and in-depth expertise, Andorran banks offer comprehensive services for all types of banking investments. Find out more about the advantages of banking in the Principality of Andorra.
A solid banking network
Since the opening up to foreign capital in 2012, the banking sector in Andorra has been encouraging investment thanks to advantageous taxation for both individuals and companies.
Andorran banks enjoy a high credit rating (among the best in the world) with exclusive financial products and tools. The Principality of Andorra also enjoys political and economic stability on the domestic market. Finally, the Andorran banking system is covered by banking secrecy.
Experienced banks
Each of the banking institutions that make up the Andorran banking system is based on a traditional banking system. Andorra’s banking network is one of the densest in the world and is well structured.
This enables banking institutions to offer a diversified range of services and to guarantee excellent financial advice. Each private bank in Andorra is recognised for its efficiency and quality of service, and is able to help your investments grow in the short, medium and long term.
The euro as the official currency
The European currency was adopted in the Principality of Andorra in 2002. The introduction of a common currency with the cooperating European countries facilitates investment and trade. International transactions and wealth management are greatly simplified.
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