Presentation of BSABANC
BSABANC was established in Andorra 2000, at that time under the name of BancSabadell d’Andorra, as a result of the alliance between the Banc Sabadell Group and a consortium of Andorran business-owners.
Over the past decade, BSABANC has gained market share in Andorra based on its corporate values: Solvency, trust and service.
The competitive advantage of BSABANC rests on a combination of the flexibility of a service-oriented customer-friendly bank.
Summary of the financial statements of BSA:
- Assets under management 1,200 million EUR
- Return on investment (ROE) 12.25%
- Cost-income ratio 37.51%
Sound profits The profits of BSABANC have shown great robustness, even over the recent years of financial instability. It is gradually returning to its maximum level of 2007. |
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Liquidity ratio: The liquidity ratio comfortably exceeds the required international standards and the minimum levels required by Andorran law. This ratio shows the bank’s capacity to meet its obligations in the short term. |
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Solvency ratio The solvency ratio comfortably exceeds the required international standards and the minimum levels required by Andorran law. This ratio shows the financial strength of the bank. |
If you would like to consult the audited financial statements of the bank or further details concerning the bank, please click here.