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 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, alongside expansions into Spain, Switzerland, and Miami. The bank finances half the cost of Ossa-Senior Living, Andorra's first sociosanitary centre outside central valleys, through a public-private partnership for elderly care in Encamp. MoraBanc operates a 40-year-old summer talent programme that onboards 50 young participants annually, including training and a hackathon for innovative banking solutions. It partners with local entities like the Andorran Chamber of Commerce and Universitat Europea, and is distinct from the sponsored sports team MoraBanc Andorra.
Key Points
- MoraBanc is an Andorran bank recognized as The Banker’s Bank of the Year 2025 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, in a public-private partnership for elderly care in Encamp.
- MoraBanc runs a 40-year-old summer talent programme onboarding 50 young participants annually, including a hackathon for innovative banking solutions.
- MoraBanc partners with local entities like the Andorran Chamber of Commerce and Universitat Europea, and is distinct from the sponsored sports team MoraBanc Andorra.
Timeline
Summer Talent Programme Launched
MoraBanc onboarded 50 young talents into its annual summer programme, providing training in cybersecurity and compliance before department placements and a hackathon.
Groundbreaking for Ossa-Senior Living
Groundbreaking occurred for Ossa-Senior Living in Encamp, financed half by MoraBanc in a public-private partnership costing 17-20 million euros, offering 120 residential places opening in 2028.
Launched First Digital Asset Staking Fund
MoraBanc launched Andorra's first staking investment fund for digital assets, allowing clients to earn yields without trading and waiving custody fees until year-end.
2025 Financial Results Approved with Record Assets
Shareholders approved MoraBanc's 2025 results showing €62.5 million net profit, record €20.141 billion assets, €40 per share dividend, and expansions in Spain, Switzerland, and Miami.
PPP Signed for Encamp Elderly Care Centre
Andorra government signed a public-private partnership with MoraBanc for a 120-place elderly care centre in Encamp, set to open in 2028 with government subsidizing 45-55% of places.
Named Bank of the Year 2025 by The Banker
MoraBanc was named Bank of the Year 2025 in Andorra by The Banker, recognizing its business model, growth, and expansion into Spain through acquisition of Banc Europeo de Finanzas and integration of Tressis.
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MoraBanc