MoraBanc groups its subsidiaries in the United States and Switzerland under the new Mora Capital Group brand

MoraBanc Group has changed the name of its subsidiaries in Miami and Switzerland, which until now operated under the Boreal brand and, as of today, are grouped under the name Mora Capital Group. This change highlights the surname of the founding family and owner of MoraBanc Group, while preserving the same independence and autonomy that have accompanied it throughout its history.

This brand update comes at a time of international expansion for the Group, especially in Spain, and growth in other jurisdictions. After growing assets under management by 52% in Switzerland and Miami over the past three years, the firm aims to strengthen its identity and highlight a track record of more than 70 years in the private banking industry, with a boutique model offering close, personalized service and a distinctive range of products.

Under the new brand, which does not imply any changes in financial activity or in client relationships, the range of products and services is strengthened and the group’s three business areas in the United States are brought together: Mora Capital Management, Mora Capital Securities and Mora Capital Lending, as well as the Swiss subsidiary.

About Mora Capital Group

Mora Capital Group is part of MoraBanc Group, a family-owned financial group of Andorran origin with a presence in Andorra, Spain, the United States and Switzerland. The overall results presented show remarkable growth. In 2024, MoraBanc increased its assets under management by 67% to €18 billion, and its profit by 12% to €57.7 million, achieving a solvency ratio of 19.47% (CET1 fully loaded), above the European banking average (16%).

The growth of Mora Capital Group in Miami has contributed to the Group’s international expansion, which in 2024, for the first time, closed the year with more assets under management in its international subsidiaries than in Andorra. The acquisition of the securities firm Tressis in Spain has been a key transaction supporting this growth.