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. Andbanc Monaco is specialized in international private banking, wealth management and market analysis.

Services

private banking
wealth management
family office
discretionary management
real estate management
investment management
inheritance planning
support in taking up residence in the Principality of Monaco

Clients

high net-worth individuals

Area Served

Worldwide

Products

structured products
investment funds

International Transfers

SWIFT Transfers
SEPA Credit Transfers
SEPA Instant Transfers
SEPA Direct Debits

Account Opening

Becoming a client of Andbank Monaco S.A.M. can be done in a few steps:

1.
Visit bank branch

Andbank Monaco S.A.M. performs client's identity verification via branch visit.

Ways to Bank

Andbank Monaco S.A.M. delivers its products and services through both direct and indirect channels, namely:
branch
online banking

Financials

Total Assets of Andbank Monaco S.A.M.
Net_income of Andbank Monaco S.A.M.
Market Share of Andbank Monaco S.A.M.
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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See Also

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