In Seprember 2011 Monte Paschi Monaco S.A.M. was acquired by Andorra Banc Agrícol Reig, SA and changed its name Andbanc Monaco SAM.
Andbank Monaco S.A.M. is the 15th largest bank in Monaco in terms of total assets. In 2017 its total assets were 384,96 mln EUR, providing the bank with the market share of 0.86%. In 2017 the bank's net income was 619 000,00 EUR.
Andbank Monaco S.A.M. participates in deposit guarantee scheme of France. This scheme covers accounts up to 100,000 EUR per bank per depositor.