With the incorporation of BMN Gestión de Activos, Banco Madrid took its place in the Inverco ranking among the Top 15 institutions in volume of assets under management, with investment funds and SICAVs of more than €4,500 million.

Known as the Pandora Papers, documents reveal that Panamanian law firm Alemán, Cordero, Galindo & Lee (Alcogal) had established over 200 shell companies for BPA.

[8] On March 13, the chief executive officer Joan Pau Miquel Prats was arrested and imprisoned;[9] Spanish and Andorran regulators took over control of BPA and its subsidiary Banco de Madrid.

INAFs management engaged PriceWaterhouseCoopers (PWC) to carry out an audit of the banks depositors to separate good clients from bad.

Social initiatives, which include employment aspects, community programs and sports activities represent 94.54% of the resources that BPA intended for corporate responsibility.

BPA performed most of its corporate responsibility activities through the Private Foundation Banca Privada d'Andorra, a not-for-profit organization that was founded in 2008 with the objective of encouraging projects and services to improve the lives of citizens, from welfare, social, employment and environmental perspective.

[17] The Foundation promotes its own projects and other initiatives in collaboration with Andorran associations and entities, and its priority actions include the integration of vulnerable groups and training professionals in the social field.