Following recent media reports suggesting potential risks to the San Marino financial system, the Central Bank of the Republic of San Marino (CBSM) highlights that the system is solid and resilient, as confirmed by the latest assessments conducted by the International Monetary Fund, rating agencies, and official data published on the CBSM website.
Current indicators show high liquidity levels backing the real economy, steadily increasing profitability, and capitalization in line with supervisory requirements and sound risk management practices.
Credit quality continues to improve, confirming the system’s capacity to support the country’s development.
In this context, the dissemination of unverified rumors or assumptions not only fails to promote transparency but may also unjustifiably undermine the confidence of households and businesses, to the detriment of banking and financial operators. The Central Bank of the Republic of San Marino will continue to provide timely communication based on verified data and maintain ongoing dialogue with Institutions, fully mindful of its mandate to safeguard financial stability as well as the reputation of the San Marino financial system.