Extension of the temporary liquidity line between the ECB and the CBSM

The Central Bank of San Marino (CBSM) hereby announces that the Governing Council of the European Central Bank (ECB) has decided to extend the repo line with the CBSM set at EUR 100 million until 31 January 2025.

CBSM underscores the importance of this precautionary liquidity line, adopted under a set of agreements with non-euro area central banks. Indeed, bilateral relations between the two authorities are crucial in addressing the challenges posed by the current economic situation, marked by conflicts in Ukraine and the Middle East, which also affect the San Marino financial system.

Read the news published by the European Central Bank at the following link: