List of Banks in San Marino


 

San Marino, officially the Republic of San Marino; Italian: Repubblica di San Marino, also known as the Most Serene Republic of San Marino), is a country situated on the eastern side of the Apennine Mountains. It is an enclave surrounded by Italy. Its size is just over 61 km2 (24 sq mi) with an estimated population of over 30,000. Its capital is the City of San Marino. San Marino has the smallest population of all the members of the Council of Europe.

San Marino is the oldest surviving sovereign state and constitutional republic in the world, as the continuation of the monastic community founded on 3 September 301, by stonecutter Marinus of Arbe. Legend has it that Marinus left Rab, then the Roman colony of Arba, in 257 when the future emperor, Diocletian, issued a decree calling for the reconstruction of the city walls of Rimini, which had been destroyed by Liburnian pirates.

The constitution of San Marino, enacted in 1600, is the world's oldest constitution still in effect. The country's economy mainly relies on finance, industry, services and tourism, and San Marino's culture remains Italian, mainly Emilia-Romagnan in essence. It is one of the wealthiest countries in the world in terms of GDP (per capita), with a figure comparable to some of the more developed Italian regions, such as Lombardy and South Tyrol. San Marino is considered to have a highly stable economy, with the lowest unemployment rate in Europe, no national debt and a budget surplus
 

  The Central Bank of San Marino, (Italian "Banca Centrale della Repubblica di San Marino"), is the central bank of San Marino.

The bank was created in 2005 . It has been superseded de facto by the European Central Bank . However, it is not member of the European System of Central Banks or the Eurosystem as San Marino is not considered part of the eurozone, but a third country that has decided to adopt the euro (a situation similar to Montenegro).

The purposes of the BCSM are established in the 3rd article of the national law № 96 of the 29th June 2005:

promote the stability of the financial system and watch credit flows.
provide financial services to the state and public institutions in order to coordinate available cash flow and other financial sources
provide a sustainable financial system for San Marino.
Simplify economic activities by maintaining a payment system for the republic that is efficient and secure.
Owing to a special agreement with the European Commission (on behalf of Italy), San Marino may issue a limited amount of euro coins every year, although Italy mints them in practice.

The BCSM, unlike many other central banks, is also the financial regulatory authority covering banking, financial and insurance services in San Marino
 

List of other Banks name - official website - SWIFT code

 

Bank or Institution City Swift Code
ASSET BANCA S.P.A. DOGANA ASTTSMSMXXX
BANCA AGRICOLA COMMERCIALE DELLA REPUBBLICA DI SAN MARINO DOGANA BASMSMSMXXX
BANCA CENTRALE DELLA REPUBBLICA DI SAN MARINO SAN MARINO ICSMSMSMXXX
BANCA COMMERCIALE SAMMARINESE S.P.A. DOMAGNANO COERSMSMXXX
BANCA DI SAN MARINO SPA BORGO MAGGIORE MAOISMSM005
BANCA DI SAN MARINO SPA DOGANA MAOISMSM002
BANCA DI SAN MARINO SPA DOMAGNANO MAOISMSM003
BANCA DI SAN MARINO SPA FAETANO MAOISMSMXXX
BANCA DI SAN MARINO SPA FAETANO MAOISMSM006
BANCA DI SAN MARINO SPA GUALDICCIOLO MAOISMSM009
BANCA DI SAN MARINO SPA MONTE GIARDINO MAOISMSM008
BANCA DI SAN MARINO SPA ROVERETA MAOISMSM007
BANCA DI SAN MARINO SPA SAN MARINO MAOISMSM001
BANCA DI SAN MARINO SPA SAN MARINO MAOISMSM004
BANCA PARTNER S.P.A. DOGANA PANNSMSMXXX
BANCA SAMMARINESE DI INVESTIMENTO S.P.A. DOGANA BSDISMSDXXX
CASSA DI RISPARMIO DELLA REPUBLICA DI SAN MARINO SAN MARINO CSSMSMSMXXX
CREDITO INDUSTRIALE SAMMARINESE SERRAVALLE CRRNSMSMXXX
CREDITO SAMMARINESE S.P.A. DOGANA RSCSSMSMXXX
EURO COMMERCIAL BANK SPA ROVERETA EUCDSMSMXXX
ISTITUTO BANCARIO SAMMARINESE SAN MARINO ISBMSMSMXXX


List based on information from the Central Bank of San Marino , responsible for financial supervision in San Marino

 

 

Although San Marino is not a European Union member, it is allowed to use the euro as its currency by arrangement with the Council of the European Union; it is also granted the right to use its own designs on the national side of the euro coins. Before the euro, the Sammarinese lira was pegged to, and exchangeable with, the Italian lira. The small number of Sammarinese euro coins, as was the case with the lira before it, are primarily of interest to coin collectors.

Other key industries are banking, electronics, and ceramics. The main agricultural products are wine and cheese.

San Marino's postage stamps, which are valid for mail only within the country, are mostly sold to philatelists and are a source of income. San Marino is a member of the Small European Postal Administration Cooperation.

The per capita level of US$55,449 and standard of living are comparable to those of Switzerland. San Marino imports goods such as food from Italy.
 

 

 

 

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