The Central Bank of the Republic of San Marino issued a public clarification in response to local press articles, stating that Dr. Gian Luca Belluzzi never assumed the role of President of the CBSM Board of Auditors because he formally declined the appointment for personal and professional reasons. It added that the position has continued without interruption under Pier Angela Gasperoni and rejected as unfounded any public statements by Dr. Belluzzi alleging instability in San Marino’s banking institutions. CBSM pointed to the banking system’s resilience as being regularly confirmed by international bodies and credit rating agencies, and cited continued strengthening of the system’s technical profiles over the past three years. It referenced supporting information published periodically on its website, including the Quarterly Information Bulletin with data reported as of 31 December 2024.
Central Bank of San Marino 2025-04-09
Central Bank of the Republic of San Marino clarifies Board of Auditors leadership and dismisses claims of banking instability
The Central Bank of the Republic of San Marino clarified that Dr. Gian Luca Belluzzi declined the role of President of the CBSM Board of Auditors, with Pier Angela Gasperoni continuing in the position. The bank refuted claims of instability in San Marino’s banking institutions, highlighting resilience confirmed by international bodies and credit rating agencies, and noted ongoing technical strengthening over the past three years.