Good prospects
Andorran Banking faces 2019 with optimism in view of the results at the close of 2018. The results were expected given the complex global environment which we are in. We are a transparent financial marketplace focused on digitization and fully committed to the future of Andorra. We have solid fundamentals with strong capitalization, a Cet1 ratio (phase-in) of 16.30% and a ROE of 7.31%, both above the average for European banks published by the EBA.
In the last few years, the funds managed by Andorran banks have almost doubled, providing sound foundations to face the future with a clear roadmap that involves creating security and trust; adapting to the new demands of clients and regulations; supplying sustainable and responsible credit to the economy; and creating opportunities thanks to a solid positioning on the global stage.