The Central Bank of the Republic of San Marino (CBSM) announces that the Governing Council of the European Central Bank (ECB) has decided to extend the duration of the €100 million liquidity line in favor of CBSM until January 31, 2025.
CBSM emphasizes the significance of this precautionary liquidity line, established by the ECB as part of a series of agreements with central banks outside the eurozone, and the bilateral relations between the two Authorities, in addressing the challenges posed by the current economic situation, characterized by the conflicts in Ukraine and the Middle East, to the San Marino financial system.
For further information published by the ECB, please visit the following website:
https://www.ecb.europa.eu/mopo/implement/liquidity_lines/html/index.en.html