The Central Bank of the Republic of San Marino (CBSM) issued a public statement in response to media reports suggesting potential risks to the San Marino financial system, asserting that the system remains solid and resilient. It pointed to recent assessments by the International Monetary Fund, rating agencies, and official data published on the CBSM website. CBSM highlighted current indicators including high liquidity levels supporting the real economy, steadily increasing profitability, and capitalization in line with supervisory requirements alongside sound risk management practices. It also noted that credit quality continues to improve and cautioned that unverified rumours or assumptions could undermine confidence among households and businesses, to the detriment of banking and financial operators. CBSM indicated it will continue to provide timely communications based on verified data and maintain ongoing dialogue with institutions, in line with its mandate to safeguard financial stability and the reputation of the San Marino financial system.

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