Andbank Spain receives the Best Wealth Management Bank Spain 2017 award

The prestigious British business magazine The European has awarded Andbank the prize for the best bank in Spain in 2017 for its work in wealth management.

Andbank España has received the Best Wealth Management Bank Spain 2017 award, given by the prestigious British business magazine The European, as the best bank for wealth management in Spain. The publication, which rewards achievement, innovation and excellence through its annual awards programme, has thereby recognized Andbank España’s experience in private banking and wealth management, which in just five years has become a leading institution in private banking.

The jury of the prestigious magazine took into account the bank’s expertise in the field of private banking, consultancy, wealth management and asset management, which allows it to provide an exclusive and unique product in the market through its business model for large fortunes. The publication also positively assessed the bank’s line of work to promote innovation and the most advanced technology, by making it available to the customer.

This distinction confirms the solid track record of the bank, which has one of the highest liquidity and solvency ratios in the market: 263% and 42% respectively at the end of the first half of 2017. Andbank Spain closed the first half of 2017 with a turnover of 8,142 million euros, representing a growth of 10.2% during the first six months of the year. In addition, the bank’s net profit rebounded by 73.4%, reaching 2.7 million euros.

Value creation for customers and wealth protection, with a comprehensive, personalized service by a team of professionals with an average of more than 20 years of experience in wealth management, are the two pillars on which the bank’s wealth management is based.

Andbank España’s value proposition is based on transparency, as a maxim to offer all information to the customer clearly and accurately, as well as proximity and commitment. All this by selection of the best investments, always respecting independence in recommendations and avoiding any type of conflict of interest.