Creand Group posts €63 million profit in 2025 and grows business volume by 17%
Sound management of client resources and strong acquisition of new clients have driven a notable increase in business volume.
The financial group’s lending portfolio stands at €2,967 million, of which €2,566 million originates directly from the Andorran parent company, which continues to lead in supporting and committing to the Andorran economy.
Creand Group closed 2025 with a profit of €63.2 million and increased its business volume to €38,806 million, 17% higher than the previous year. Creand remains the leader in the Andorran market thanks to its excellent management of client resources and significant capture of new business volume.
In five years, Creand Group has doubled its profits while maintaining a sustainable growth trajectory. Of the total 2025 profit, approximately €10.6 million came from international operations and around €3 million from the insurance business.
Other key figures underscoring the strength of Creand Group are its solvency and liquidity ratios. The liquidity coverage ratio (LCR) stands at 161.11%, while the solvency ratio is 18.38% (CET1 at 16.84%). Net equity reached €692 million, and the non-performing loan ratio fell to 2.2%.
Creand CEO Xavier Cornella emphasised that 2025 “has been a year in which the bank has focused on continuing the sustainable growth of the business, advancing the bank’s strategic pillars with a notable increase in business volume, ongoing investment in innovation and digitalisation, and the maintenance of high levels of solvency and shareholder returns.”
Leader in supporting the Andorran economy
The financial group’s lending portfolio grew by 6.65% to a total of €2,967 million, of which €2,566 million was granted directly by the Andorran parent company, much of it aimed at supporting Retail and Corporate. In this way, Creand Crèdit Andorrà consolidates its position as the leader in support for and commitment to the Andorran economy.
International growth
Of the group’s total business volume, approximately 35.2% corresponds to the Andorran parent company (€13,653 million) and the remaining 64.8% to the international subsidiaries. In Luxembourg, the Creand Wealth & Securities subsidiary increased its business volume by 26.95% to €17,949 million. The Spanish subsidiary, Creand Wealth Management, reached €6,801 million in business volume, up 31.02% on 2024. Last year Spain opened a new office in Málaga and consolidated the office in La Seu d’Urgell. Finally, Miami continues to strengthen its role as the group’s financial hub in the Americas, managing a business volume of €1,207 million. Business in the American market was marked by the completion of the process to close the banking licence in Panama, where the group retains its securities company.
“2025 has been a good year of organic growth, in which we highlight new client acquisition and the strong performance across all business lines. We are growing in Andorra and also very significantly in Luxembourg and Spain. Sound management of client resources, together with favourable market conditions, has been key to this sustainable growth, which has in turn benefited our clients and our shareholders,” commented the CEO.
Final year of the 2024-2026 Strategic Plan
As it heads into 2026 – the last year of the current strategic plan – the financial group reaffirms its commitment to the core pillars that define the plan’s objectives: driving specialisation in products and services, and strengthening the commercial team; digital transformation and innovation.
Xavier Cornella explained: “The 2025 results exceed the targets set in the 2024-2026 Strategic Plan, placing us in an excellent position to face the final year of the plan. This is also key to continuing to differentiate ourselves through customer service, innovation and specialisation, and to remaining a benchmark in the sector.”
International recognition
In 2025, Creand Crèdit Andorrà was named Best Digital Bank in the country by Global Banking & Finance Review and Best Private Bank in Andorra by Professional Wealth Management (PWM) and The Banker (both from the Financial Times group).
Fitch Ratings confirmed Creand Crèdit Andorrà’s BBB- rating with a stable outlook, highlighting the bank’s strong profitability, adequate capitalisation, solvency and sound liquidity management.
*The 2025 financial statements are pending approval by the General Shareholders’ Meeting.