The Central Bank of San Marino said its shareholders' meeting approved the 2025 Annual Report and the final report on its activities and on financial system performance. The accounts show net profit from ordinary operations of EUR 11.06 million, the highest since 2010, and net profit for the year of EUR 11.17 million including extraordinary items. The board resolved to allocate the full amount to the General Financial Risk Fund, increasing total equity to EUR 64.12 million. Results were driven mainly by a EUR 7.20 million increase in net interest income and a positive EUR 1.46 million contribution from financial operations, lifting the intermediation margin to EUR 23.76 million. Total assets rose to EUR 857.66 million, with the bond and other debt securities portfolio increasing by EUR 106.70 million to EUR 811.58 million. The final activity report pointed to further improvement in the banking sector in 2025, with total funding up EUR 509 million to about EUR 7 billion, a fifth consecutive year of positive system operating profit at EUR 32 million, and bank capital resources up EUR 15 million to EUR 356 million. The meeting also reappointed Monica Zafferani as Statutory Auditor for the next three-year term.
Central Bank of San Marino2026-05-26
Central Bank of San Marino reports EUR 11.17 million 2025 net profit as shareholders approve annual and financial system reports
The Central Bank of San Marino shareholders’ meeting approved the 2025 Annual Report, reporting net profit of EUR 11.17 million, the highest since 2010, and allocated the full amount to the General Financial Risk Fund, raising equity to EUR 64.12 million. The bank cited higher net interest income and financial operations as key drivers, alongside balance sheet growth to EUR 857.66 million and strengthening of the domestic banking sector, and reappointed Monica Zafferani as Statutory Auditor for a further three-year term.