Andbank Monaco S.A.M.

Business Focus
private banking, wealth management

In Seprember 2011 Monte Paschi Monaco S.A.M. was acquired by Andorra Banc Agrícol Reig, SA and changed its name Andbanc Monaco SAM.

Financials

Total Assets (2018)
368.98 mln EUR  (-4.15%)
Net Income (2018)
926,000.00 EUR  (+49.60%)

Andbank Monaco S.A.M. is the 15th largest bank in Monaco in terms of total assets. In 2018 its total assets were 368,98 mln EUR, providing the bank with the market share of 0.76%. In 2018 the bank's net income was 926 000,00 EUR.

Deposit Guarantee

Protected Amount
up to 100,000 EUR
Guarantee Fund
Fonds de Garantie des Dépôts et de Résolution (FGDR)
Covered Depositors
natural persons
legal entities
Covered Accounts
all deposit accounts

Andbank Monaco S.A.M. participates in the deposit guarantee scheme of France. This deposit guarantee scheme applies to all deposit accounts made by natural persons, legal entities and covers up to up to 100,000 EUR per bank per depositor. Andbank Monaco S.A.M. is a member of Fonds de Garantie des Dépôts et de Résolution (FGDR) and makes its contributions into it.

Contacts

1 avenue des Citronniers, 98000, MONACO, Monaco

Bank Identifiers

BIC (SWIFT)
MONTMCMCXXX
LEI
549300FBP86E1QBESK72
Company Number
07S04639
MFI ID
FR15638

Bank History

Previous Name
Monte Paschi Monaco S.A.M.

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