Crèdit Andorrà Group

Crèdit Andorrà has signed a sub-advisory agreement with GAMCO Asset Management Inc., subsidiary of GAMCO Investors, Inc. (NYSE:GBL). This is a strategic collaboration through which the financial services company, which has its headquarters in New York, will manage the US equity portfolios of the bank. GAMCO was chosen for its value-oriented equity investing expertise, its professional staff and its well known investment research. GAMCO Asset Management’s investment process fits...

The Crèdit Andorrà Group, leader in the Principality of Andorra’s financial market, has officially acquired 80% of Beta Capital Management LP’s share capital. The latter’s head office is in Miami. The step was taken after being authorized by the Andorran National Institute of Finance (ANIF) and the Financial Industry Regulatory Authority (FINRA). With this transaction, Crèdit Andorrà is now the first Andorran bank to establish itself in the United States...

The Crèdit Andorrà Group, leader in the Principality of Andorra’s financial market, has now acquired 85% of the share capital of Banco SA Alcalá, after receiving authorization from the Andorran National Institute of Finance (INAF), the Bank of Spain, the Spanish financial securities markets' regulatory body (CNMV) and the Directorate General for Insurance and Pension Funds (DGSFP). Banco Alcalá SA will be geared towards global asset management for private and institutional...

Crèdit Andorrà, leading Andorran financial group, maintains an optimum position in the Top 1000 ranking prepared every year by The Banker, the prestigious financial publication of the Financial Times Group. The entity holds position 667, heading the list of Andorran banks. In spite of the difficult international financial situation, the results obtained at the 2010 year-end consolidate Crèdit Andorrà as one of the most solid and solvent banks in the financial panorama...