Andbank opens private banking office in Bilbao

Andbank has opened a private banking office in Bilbao, where it will offer wealth management services.

The new center is the second office of the bank in the major city of the Spanish province of Biscay and will be led by Mercedes Montoya, who is part of Andbank’s team of financial advisors.

Montoya has over 20 years experience in the industry. Prior to Andbank, she worked for Inversis Banco, SAFEI AV and BNP Paribas.

The team is completed by Óscar Antiza, who also worked for SAFEI AV and Inveris; and Daniel Aldasoro, who developed his career as financial advisor at Inveris in the last 12 years.

Andbank opened recently its main office in Bilbao and added José Manuel Iñarrea, with 23 years of experience in the field of private banking, as the office director, with the aim of strengthening the current team of Andbank in Vizcaya.

“The opening of this private banking center demonstrates our firm commitment to the growth of the organization in the Basque Country,” the regional director of Andbank for Vizcaya and Navarra, Jaime Garciapons, said.

The bank has currently more than 2,500 customers in the Basque Country and manages about €600m in the region.


Alicia Villegas
Alicia Villegas speaks Spanish and Italian and is Iberia Correspondent for InvestmentEurope. She was shortlisted for the Rising Star Award at the British Media Awards 2017 and Writer of the Year at the PPA Independent Publisher Awards 2016. Previously, she worked for almost three years at the seafood business website Undercurrent News as a market reporter. In Spain, she also worked for more than five years for several media outlets.

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