Andbank España Hits €50B Milestone with €7.4B H1 Growth
Robust market activity drove the surge, with €2.2 billion from portfolio gains and €5.2 billion from inflows. MyInvestor contributed 56% of new business, bolstering the group's position via advisory and digital services.
Key Points
- Total business volume exceeds €50B for first time after €7.4B Jan-Jun rise.
- Andbank España manages €32.5B; MyInvestor handles €17.5B.
- Growth: €2.2B from 5.4% market revaluation, €5.2B from new inflows/credits.
- CET1 ratios strong: 21% for Andbank España, 24% for MyInvestor.
Andbank España surpasses €50 billion in business volume with €7.4 billion first-half increase
Andbank España has reached a total business volume of more than €50 billion for the first time, following a €7.4 billion rise between January and June.
The Andbank Group's Spanish subsidiary announced the milestone in a statement, attributing the expansion to favorable market conditions. Andbank España manages €32.5 billion of the total, while MyInvestor—the digital banking platform backed by Andbank, AXA, El Corte Inglés, and several Spanish family offices—handles €17.5 billion.
The growth breaks down to over €2.2 billion from market effects, reflecting an average 5.4% revaluation of managed portfolios. The remaining €5.2 billion stemmed from net new business inflows and increased credit investments. MyInvestor accounted for 56% of those inflows, with Andbank España contributing 44%.
The group emphasized the strong financial health of both entities. Andbank España's CET1 ratio stood near 21%, and MyInvestor's reached 24% over the period, signaling resilience and capacity for continued growth.
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- Diari d'Andorra•
Andbank supera els 50.000 milions de volum de negoci a Espanya
- El Periòdic•
El Grup Andbank incrementa prop de 7.400 milions d’euros en un semestre i supera els 50.000 milions a Espanya
- Bon Dia•
El volum de negoci d'Andbank España supera per primer cop els 50.000 milions d'euros
- Diari d'Andorra•
El Grup Andbank supera per primer cop els 50.000 milions d'euros de negoci a Espanya