Press releases

18 January 2021

Andorran bank Morabanc contracts services

Madrid, 18 January  - Andorran bank Morabanc has contracted technology services thus becoming an important provider regarding communication with its customers. will provide Morabanc with  SMS and registered electronic communications, which include Registered SMS, Registered emails and registered electronic contracting services. acts as a digital witness in financial transactions, allowing financial entities to add legal security to any transaction, regardless of the customer's geographical location.

Morabanc, headquartered  in Andorra La Vella, is a financial institution managing more than 7500 million euros of financial assets, with a solvency ratio of 23.8%, CET1 fully loaded.

Founded in 1952, it is one of the leading banks in the Pyrenean country. (BME:LLN) (OTCQX:LLEIF) (EPA:ALLLN) is the leading European company in the field of registered electronic notification and contracting.

It has almost 200 patents in the digital signature field, granted by more than 50 countries on the five continents. It has one of the most important intellectual property portfolios in the world in its area of expertise.

Currently, more than 75 countries recognize the legal validity of electronic methods as a means of attesting legal notices in contracting processes.

The company was founded in 1995. It is listed on the OTCQX index in New York, on Euronext Growth in Paris and on BME Growth in Madrid.

In 2020, it was one of the fastest-growing companies on the stock exchange in Europe, rising to 940 per cent.