company or nonprofit organization
MoraBanc
MoraBanc is an Andorran bank named Bank of the Year 2025 by The Banker for growth and expansion.
MoraBanc is an Andorran bank recognized as Bank of the Year 2025 in Andorra by The Banker for its business model, sustained growth, and international expansion. It reported record assets under management of €20.141 billion and net profit of €62.5 million in 2025, with expansions into Spain, Switzerland, and Miami. MoraBanc finances half the cost of Ossa-Senior Living, Andorra's first sociosanitary centre outside central valleys in Encamp, through a public-private partnership offering 120 elderly beds. The bank runs a 40-year-old summer talent programme onboarding 50 young participants annually for training, hackathons, and recruitment pathways. It is distinct from MoraBanc Andorra, the sports team it sponsors.
Key Points
- MoraBanc is a bank based in Andorra recognized as Bank of the Year 2025 by The Banker for its business model, sustained growth, and international expansion.
- MoraBanc reported record assets under management of €20.141 billion and net profit of €62.5 million in 2025, with expansions into Spain, Switzerland, and Miami.
- MoraBanc finances half the cost of Ossa-Senior Living, Andorra's first sociosanitary centre outside central valleys, offering 120 elderly beds in Encamp through a public-private partnership.
- MoraBanc runs a 40-year-old summer talent programme onboarding 50 young participants annually for training, hackathons, and recruitment pathways.
- MoraBanc is distinct from MoraBanc Andorra, the sports team it sponsors.
Timeline
First Banking Hackathon Hosted
MoraBanc hosted its first banking hackathon in Andorra la Vella with 50 young talents developing solutions for client onboarding, AI operations, and financial literacy.
Ossa-Senior Living Groundbreaking
Groundbreaking occurred for Ossa-Senior Living in Encamp, financed half by MoraBanc in a public-private partnership for 120 elderly beds and 30 day centre spots opening in 2028.
2025 Record Profit and Assets Approved
Shareholders approved MoraBanc's 2025 results showing €62.5 million net profit, record €20.141 billion assets under management, and expansions in Spain via BEF acquisition.
PPP Deal for Encamp Elderly Care Centre
Andorra's government signed a public-private partnership deal with MoraBanc for a new 120-place elderly care centre in Encamp, set to open in 2028 with government subsidies for 45-55% of places.
Principal Sponsor of Festa del Comerç
MoraBanc became the principal sponsor of Andorra's Festa del Comerç, partnering with the Andorran Chamber of Commerce to support retail innovation through specialized services.
Named Bank of the Year 2025 in Andorra
MoraBanc was named Bank of the Year 2025 in Andorra by The Banker, citing its business model, growth, acquisition of Banc Europeo de Finanzas in Spain, integration of Tressis, and adoption of products like digital assets.
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Also Known As
MoraBanc