The last mergers between banks took place in 2022, bringing the Andorran financial sector to currently have 3 active banking groups.
ðə lˈæst mˈɜːdʒɚz bᵻtwˌiːn bˈæŋks tˈʊk plˈeɪs ɪn tˈuː θˈaʊzənd twˈɛnti tˈuː, bɹˈɪŋɪŋ ðɪ ˈændɔɹən faɪnˈænʃəl sˈɛktɚ tə kˈɜːɹəntli hæv θɹˈiː ˈæktɪv bˈæŋkɪŋ ɡɹˈuːps.