Crèdit Andorrà, SA

 (2.3; 12 ratings)
2.3 12

Business Focus

international private banking, domestic retail banking

Incorporated in 1949, Crèdit Andorrà provides retail, corporate banking and private banking, asset and wealth management on an international scale. Crèdit Andorrà also offers financial advising and insurance products.

Services

retail banking
private banking
wealth management
business banking
corporate and investment banking
wealth planning

Clients

natural persons
high net worth individuals
self-employed professionals
companies

Area Served

ADAndorra
internationally

Products

current accounts
salary accounts
seasonal salary accounts
children accounts
debit cards
credit cards
pension plans
retirement plans
education savings plans
consumer loans
mortgage loans
investment funds

Account Currencies

EUEUR (Euro)

Card Providers

VisaMaestroMasterCard

International Transfers

SWIFT Transfers
SEPA Credit Transfers
SEPA Instant Transfers
SEPA Direct Debits

See Also

Account Opening

Becoming a client of Crèdit Andorrà, SA can be done in a few steps:

1.
Submit online application
2.
Visit bank branch

Due to regulatory requirements Crèdit Andorrà, SA performs KYC/AML checks when establishing business relationships with a new client. While onboarding a private individual Crèdit Andorrà, SA will ask him/her to provide the following documents: passport; proof of address. For corporate clients Crèdit Andorrà, SA will ask to provide corporate documentation as well as information about controlling persons. Crèdit Andorrà, SA may request additional documentation or information depending on the case. Crèdit Andorrà, SA performs client's identity verification via branch visit.

Ways to Bank

Crèdit Andorrà, SA delivers its products and services through both direct and indirect channels, namely:
branch
online banking
mobile app

Financials

Total Assets of Crèdit Andorrà, SA
Net_income of Crèdit Andorrà, SA
Market Share of Crèdit Andorrà, SA
Total Assets (2019)
5,255.03 mln EUR  (+1.40%)
Net Income (2019)
46.87 mln EUR  (+28.93%)
Number of Employees (2015)
813  (+8.40%)

Crèdit Andorrà, SA is the 1st largest bank in Andorra in terms of total assets. In 2019 its total assets were 5 255,03 mln EUR, providing the bank with the market share of 35.41%. In 2019 the bank's net income was 46,87 mln EUR. Crèdit Andorrà, SA had 813 employees in 2015.

Credit Ratings

Fitch: BBB-
AAA
AA+, AA, AA-
A+, A, A-
BBB+, BBB, BBB-
BB+, BB, BB-
B+, B, B-
CCC, CC, C, RD, D
Moodys: -
Aaa
Aa1, Aa2, Aa3
A1, A2, A3
Baa1, Baa2, Baa3, Baa4
Ba1, Ba2, Ba3
B1, B2, B3
Caa1, Caa2, Caa3, Ca

Crèdit Andorrà, SA is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is BBB- (good credit quality).

Deposit Guarantee

Guarantee Fund
Andorran Deposit Guarantee Fund (Fagadi)Andorran Deposit Guarantee Fund (Fagadi)
Protected Amount
up to 100,000 EUR
Eligible Depositors
natural persons (Andorran and foreign)
legal entities (Andorran and foreign)
Covered Accounts
any credit balance on a bank account

Crèdit Andorrà, SA participates in the deposit guarantee scheme of Andorra. This deposit guarantee scheme applies to any credit balance on a bank account made by natural persons (Andorran and foreign), legal entities (Andorran and foreign) and covers up to up to 100,000 EUR per bank per depositor. Crèdit Andorrà, SA is a member of Andorran Deposit Guarantee Fund (Fagadi) and makes its contributions into it.

Contacts

Av. Meritxell, 80, AD500, Andorra la Vella, Andorra
+376 888000
+376 888021
Website Languages
Catalan
ESSpanish
GBEnglish
FRFrench

Crèdit Andorrà, SA is headquartered in Andorra La Vella.

Social Networks

Crèdit Andorrà, SA has profiles at the following social networks:

Bank Identifiers

BIC (SWIFT)
CRDAADAD
LEI
EE21I29HG6U2CDOO8372

Bank Supervision

Supervised By
Andorra Financial Authority
Reference Number
EB 02/95

Crèdit Andorrà, SA is authorized and supervised by the Andorra Financial Authority (reference number EB 02/95).

Bank History

Founded
21 December 1949

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