Association of Andorran Banks

The Association of Andorran Banks (ABA), known locally as Associació de Bancs Andorrans and in Spanish as Asociación de Bancos Andorranos, is the trade association that brings together all banking entities operating in the Principality of Andorra. It was founded on 11 November 1960 and is headquartered in Andorra la Vella. The association's stated objectives include representing and defending the interests of its members, ensuring the prestige of Andorran banking, and fostering collaboration with public administrations. Andorra's banks collectively represent approximately 16% of the country's GDP, underscoring the sector's importance to the national economy. The ABA's membership comprises the six banking institutions of the country: Andorra Banc Agrícol Reig (Andbank), Mora Banc SAU (formerly Banca Mora SA), Mora Banc Grup SA (formerly Banca Coma and later Banc Internacional d'Andorra SA), Grup Crédit Andorrà, BancSabadell d'Andorra SA, and Vall Banc SAU. Through its official website, andorranbanking.ad, the association publishes sectoral information, press notes, and details of its member entities. In 2022, the ABA announced a sectoral agreement for a support programme for vulnerable families, illustrating its role in coordinating social initiatives across the banking sector. The association operates in Catalan, French, Spanish, and English, reflecting Andorra's multilingual context. As a private, non-listed trade body, the ABA does not offer products or services directly to consumers; rather, it serves as the collective voice and coordination platform for Andorran banks.

The Association of Andorran Banks (ABA) was founded on 11 November 1960, during a period when Andorra's financial sector was beginning to formalise. The association was created to bring together all banking entities in the principality and to provide a unified voice for the sector. Its founding objectives included representing and defending the interests of its members, ensuring the prestige of Andorran banking, and fostering collaboration with public administrations. Over the decades, the Andorran banking sector grew in importance, and today the banks collectively represent approximately 16% of the country's GDP. The ABA has evolved alongside the sector, adapting to regulatory changes and international standards. Its membership has included the country's major banks, such as Andorra Banc Agrícol Reig (Andbank), Mora Banc SAU (formerly Banca Mora SA), Mora Banc Grup SA (formerly Banca Coma and later Banc Internacional d'Andorra SA), Grup Crédit Andorrà, BancSabadell d'Andorra SA, and Vall Banc SAU. In 2022, the association coordinated a sectoral agreement for a support programme for vulnerable families, demonstrating its role in social initiatives. The ABA maintains an official website, andorranbanking.ad, which serves as a central information hub for the sector, publishing press notes and details about member entities in Catalan, French, Spanish, and English.

• Association of Andorran Banks founded in Andorra.

• Sectoral agreement announced for a support programme for vulnerable families.

Trade association representing and defending the interests of all Andorran banks; promotes the prestige of Andorran banking and collaboration with public administrations.

1. 1Andorran Banking - Associació de Bancs Andorransandorranbanking.ad
2. 2Association of Andorran Banks - Wikidatawikidata.org
3. 3Asociación de Bancos Andorranos - Wikipediaes.wikipedia.org