Banc Sabadell d’Andorra, SA (Andorra)

(3.4; 5 ratings)

Business Focus

international private banking, domestic retail banking

BancSabadell d’Andorra was established in Andorra 2000 as a result of the alliance between the Banc Sabadell group and a consortium of Andorran business owners. BancSabadell d’Andorra offers full range of banking services - retail and corporate banking, private bankings and brokerage services.

Services

retail banking

private banking

asset management

corporate banking

Clients

individuals

companies

Area Served

Andorra

internationally

Products

current accounts

debit cards

salary accounts

junior accounts

professional accounts

savings accounts

investment funds

pension plans

consumer loans

vehicle loans

mortgage loans

bank guarantees

Account Currencies

EUR (Euro)

USD (US dollar)

Card Providers

International Transfers

SWIFT Transfers

SEPA Credit Transfers

SEPA Instant Transfers

SEPA Direct Debits

Account Opening

Becoming a client of Banc Sabadell d’Andorra, SA can be done in a few steps:

Visit bank branch

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

Ways to Bank

Banc Sabadell d’Andorra, SA delivers its products and services through both direct and indirect channels, namely:

branch

online banking

Financials

Total Assets of Banc Sabadell d’Andorra, SA

Net_income of Banc Sabadell d’Andorra, SA

Market Share of Banc Sabadell d’Andorra, SA

Total Assets (2019)

908.31 mln EUR (+14.46%)

Net Income (2019)

10.38 mln EUR (+1.23%)

Number of Employees (2015)

129 (+5.74%)

Banc Sabadell d’Andorra, SA is the 5th largest bank in Andorra in terms of total assets. In 2019 its total assets were 908,31 mln EUR, providing the bank with the market share of 6.12%. In 2019 the bank's net income was 10,38 mln EUR. Banc Sabadell d’Andorra, SA had 129 employees in 2015.

Deposit Guarantee

Protected Amount

up to 100,000 EUR

Guarantee Fund

Andorran Deposit Guarantee Fund (Fagadi)

Covered Depositors

natural persons (Andorran and foreign)
legal entities (Andorran and foreign)

Covered Accounts

any credit balance on a bank account

Banc Sabadell d’Andorra, 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. Banc Sabadell d’Andorra, SA is a member of Andorran Deposit Guarantee Fund (Fagadi) and makes its contributions into it.