press release 22/07/2014

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THE FINANCIAL TIMES PLACES CRÈDIT ANDORRÀ AS THE FIRST

ANDORRAN BANK IN ITS TOP 1000 RANKING

• The Group has been recognised by this prestigious financial publication for its
high capitalisation, with its Tier 1 capital totalling 683 million dollars

• It comes 783rd in the world ranking and is first among Andorran banks

Andorra la Vella, 22 July 2014

Once again, Crèdit Andorrà is Andorra's leading bank in the annual Top 1000 ranking drawn
up by the Financial Times Group, a ranking based on the capitalisation of financial institutions
and published every year in the July issue of the magazine The Banker. Crèdit Andorrà once
again leads the field of Andorran banks, with its Tier 1 capital totalling 683 million dollars and
the Group’s solvency and liquidity ratios at the year-end 2013 at 19.14% and 59.89%
respectively.

The Financial Times has thereby confirmed Crèdit Andorrà's sustained leadership and role as
a benchmark in the Principality of Andorra, at the same time as continuing to recognise its
prominent position among the leading banks in the world.

Every year, The Banker produces a list of the top 1,000 banks in the world in terms of their
financial strength, assessed principally via each bank's capitalisation. Crèdit Andorrà has own
funds of 575 million euro, the highest among Andorran banks, a financial strength which gives
security and confidence to customers and guarantees the sustained growth of the Group.

This year, the Andorran financial sector financer is represented by three institutions. Crèdit
Andorrà holds 783rd position on the world scale and is number 1 in Andorra, while the other
Andorran banks in the ranking occupy positions 908 and 928.

The general ranking is headed by two Chinese banks, Industrial and Commercial Bank of
China (ICBC), China Construction Bank, followed by two US institutions: JPMorgan Chase &
Co and Bank of America. HSBC Holdings, Citigroup, Bank of China, Wells Fargo & Co,
Agricultural Bank of China and Mitsubishi UFJ Financial Group complete the first ten
positions in the ranking. The ranking produced by The Banker is one of the highest respected
in the industry as an assessment of the financial strengths of different banks.

Rànquing Top 1000 de Financial Times www.creditandorra.ad

 press release 22/07/2014

The Crèdit Andorrà Group closed 2013 as a benchmark for the sector in the country, with a
business volume of 15,472 million euro, 7.36% up on 2012, and assets under management of
12,418 million euro, up by 9.82%. The bank also maintained its credit investment, which was
3,053 million.

These figures are impressively solid, with a solvency ratio of 19.14%, nearly double the legal
requirement of 10%, and well above the 17.80% of 2012, and a liquidity ratio of 59.89%,
where the legal minimum is 40%, which evidences the strength of Crèdit Andorrà.

In the same line as the Top 1000, in June Fitch Ratings maintained all the ratings for Crèdit
Andorrà: long term 'A-' and short term 'F2’ with an improvement in prospects to stable. Fitch
Ratings thus confirms the latest rating for Crèdit Andorrà.

Fitch based its decision on “Crèdit Andorrà’s leading position in the country’s banks”, and on
the “stimulus in private banking business and international asset management, which allowed
an increase in the total volume of business in 2013, with continued growth in assets under
management”, which reached a figure of 12,418 million euro, 10% up on 2012.

Again, the rating agency emphasised the Bank’s great capacity to generate profits steadily
and its conservative policy on the distribution of dividends and appropriations to provisions,
facts which allowed even further improvements in the Bank’s strength, with high solvency and
capitalisation levels.

Rànquing Top 1000 de Financial Times www.creditandorra.ad

 FOR MORE INFORMATION:

Crèdit Andorrà
Corporate Communication Bureau
comunicaciocorporativa@creditandorra.ad
Tel.: +376 88 86 35 / +376 88 80 26
Fax: +376 88 95 24
www.creditandorra.ad