“Andbank Monaco to Acquire Banque Havilland, Expanding Presence in Monaco’s Banking Sector”

Summary:
Andbank Monaco SAM has had their non-binding offer accepted to acquire Banque Havilland (Monaco) SAM.

Full Story:
Andbank Monaco SAM has confirmed that its non-binding offer to acquire Banque Havilland (Monaco) SAM has been accepted. The merger between Banc Agrícol i Comercial d’Andorra and Banca Reig led to the creation of Andbank in August 2001. The agreement marks an important development for Andbank as it expands its presence in Monaco’s banking sector. The acquisition of Banque Havilland will offer new opportunities for growth and strengthen Andbank’s position in the market. The Prince of Monaco and his family have been supportive of this initiative to enhance the financial landscape of Monaco.

Source:
news.mc