MoraBanc, 26th most solvent bank in the world
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The company reported yesterday that “the good financial situation of MoraBanc has been again highlighted by an independent national body.”
The Andorran bank achieves optimal positions in the main relative values, which can compare banks regardless of size. The publication has evaluated as well as the solvency, aspects like the capital over assets ratio (it ranked 114th out of 1,000) and the return on assets (ranked 106th), in addition to emphasize the strength of the group during difficult times.
From MoraBanc, they pointed out that “once more, it is shown in an international comparison the excellent financial situation” of the entity, recognized by The Banker as the best in Andorra in 2011. A few months ago, in addition, the rating agency Moody’s kept him in the A2 rating.