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
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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 It has been superseded de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
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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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