Home / Finance Banking / World News Media Highlights Andorran Banking Sector in Latest Issue of World Finance

World News Media Highlights Andorran Banking Sector in Latest Issue of World Finance

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.

8em)–sm” type=”text” content=”span class=xn-locationLONDON/span, span class=xn-chronFeb. 27, 2020/span /PRNewswire/ — In the latest issue of iWorld Finance /imagazine, MoraBanc‘s managing director Lluís Alsina Àlvarez examines the trends currently emerging in the Andorran banking industry and how they are pushing financial institutions in the country to modernise.

In particular, the article examines how digital solutions have enabled banks to deliver better services for their clients. ;” data-reactid=”11″>LONDON, Feb.

27, 2020 /PRNewswire/ — In the latest issue of World Finance magazine, MoraBanc‘s managing director Lluís Alsina Àlvarez examines the trends currently emerging in the Andorran banking industry and how they are pushing financial institutions in the country to modernise. In particular, the article examines how digital solutions have enabled banks to deliver better services for their clients.

 

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.

8em)–sm” type=”text” content=”Society has welcomed the digital banking revolution because it gives the consumer more freedom: it brings access to services better suited to their ne and lets them choose how and when to acquire and use such products, Àlvarez wrote. The banking system, both in span class=xn-locationAndorra/span and globally, must respond to these new consumer habits.

” data-reactid=”12″>”Society has welcomed the digital banking revolution because it gives the consumer more freedom: it brings access to services better suited to their ne and lets them choose how and when to acquire and use such products,” Àlvarez wrote. “The banking system, both in Andorra and globally, must respond to these new consumer habits.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.

8em)–sm” type=”text” content=”As a result of span class=xn-locationAndorra’s/span small internal market – the principality has a population of just over 75,000 – it can be difficult for businesses to gain market share. In the banking industry, this has meant that organisations have had to launch high-value, differentiated and personalised services in order to engage new clients.

” data-reactid=”13″>As a result of Andorra’s small internal market – the principality has a population of just over 75,000 – it can be difficult for businesses to gain market share. In the banking industry, this has meant that organisations have had to launch high-value, differentiated and personalised services in order to engage new clients.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.

8em)–sm” type=”text” content=”In his piece for iWorld Finance/i, Àlvarez explained that his company has been able to evolve to meet shifting customer demands by making a digital mindset an essential part of the company’s culture. In order to achieve this, MoraBanc has implemented a two-fold strategy that has involved streamlining its decision-making process and integrating new methodologies in the design and creation of its products and services.

” data-reactid=”14″>In his piece for World Finance, Àlvarez explained that his company has been able to evolve to meet shifting customer demands by making a digital mindset an essential part of the company’s culture. In order to achieve this, MoraBanc has implemented a two-fold strategy that has involved streamlining its decision-making process and integrating new methodologies in the design and creation of its products and services.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.

8em)–sm” type=”text” content=”The process of digital transformation has required significant amounts of time, money and hard work, but it appears to be paying off. Across 2019, MoraBanc invested span class=xn-money$5.

54m/span in digital banking, a decision that was vindicated when it was named Best Consumer Digital Bank in span class=xn-locationAndorra/span at the a target=_blank href=https://www.worldfinance.

com/awards/digitalbanking-awards-2019 rel=nofollow noopenerWorld Finance Digital Banking Awards 2019/a. As part of the same set of awards, the bank’s digital credentials were given further endorsement when the MoraBanc App was named Best Mobile Banking App in Andorra.

;” data-reactid=”15″>The process of digital transformation has required significant amounts of time, money and hard work, but it appears to be paying off. Across 2019, MoraBanc invested $5.

54m in digital banking, a decision that was vindicated when it was named Best Consumer Digital Bank in Andorra at the World Finance Digital Banking Awards 2019. As part of the same set of awards, the bank’s digital credentials were given further endorsement when the MoraBanc App was named Best Mobile Banking App in Andorra.

 

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.

8em)–sm” type=”text” content=”For more on MoraBanc and the broader developments within the Andorran banking sector, check out the latest edition of iWorld Finance/i, available in print, on tablet and online now.” data-reactid=”16″>For more on MoraBanc and the broader developments within the Andorran banking sector, check out the latest edition of World Finance, available in print, on tablet and online now.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.

8em)–sm” type=”text” content=”a target=_blank href=http://www.worldfinance.

com/ rel=nofollow noopenerwww.worldfinance.

com/a” data-reactid=”17″>www.worldfinance.

com

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.

8em)–sm” type=”text” content=”World News Media, the parent company of World Finance, is a leading publisher of quality financial and business magazines, which enjoys a global distribution network that includes subscriber lists of prominent decision-makers around the world.” data-reactid=”18″>World News Media, the parent company of World Finance, is a leading publisher of quality financial and business magazines, which enjoys a global distribution network that includes subscriber lists of prominent decision-makers around the world.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.

8em)–sm” type=”text” content=”bContact;Information/b” data-reactid=”19″>Contact Information

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.

8em)–sm” type=”text” content=”World News Mediabrspan class=xn-personBarclay Ballard/spanbrEditorial Departmentbr+44-(0)-20-7553-4177bra target=_blank href=mailto:barclay.ballard@wnmedia.

com rel=nofollowbarclay.ballard@wnmedia.

com/a” data-reactid=”20″>World News Media
Barclay Ballard
Editorial Department
+44-(0)-20-7553-4177
barclay.ballard@wnmedia.

com

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