MoraBanc, choice of bank in Andorra by 'The Banker'
MoraBanc has been awarded bank in Andorra 2015 by the prestigious magazine The Banker, published by the Financial Times group. It is the fourth time that the bank receives international recognition over the past seven years. MoraBanc's president, Francesc Mora Sagués and CEO, Pedro González Grau, received the award Wednesday at a gala held in London in which they cite representatives of major world banks.
In a difficult year for the banking sector in Andorra, the jury praised Morabanc by The Banker for the ability to adapt to the market with a strategy of anticipation in a commitment to transparency and adaptation to International regulations. Criteria that have allowed the company to maintain as the most solvent of Andorra with liquidity levels also highlighted by the publication, according to information from the organization.
Another factor that influenced the awarding of this prize was opening the fund MoraBanc Asset Management Luxembourg in the international expansion strategy of the organization.
In addition with an innovative continuous monitoring Net Promoter Score (NPS), currently, 51% of customers surveyed would recommend the bank.
For Mora, "receiving this award four times in the last seven years makes us very proud; is proof that we move in the right direction at a time when being able to adapt will be key to achieving the goals. "
Gonzalez, meanwhile, noted that "the award is based on a way to do family banking combination with a conservative attitude and innovative spirit that would not be possible without the loyalty of our customers and the talent of our team."