CMB Monaco is a leading private bank, based in Monaco, with unrivalled financial stability. Since its foundation in 1976, CMB Monaco has focused on providing quality private banking services to meet our clients’ needs with a one-stop-shop approach.
BALANCE SHEET
Total assets: €8.655m
Customer loans: €2.847m
Equity: €1.020m
CET1* ratio: 33%
PROFIT & LOSS ACCOUNT
Revenues: €130m
Gross operating profit: €44.8m
Net profit: €18.6m
CLIENT ASSET
Total Financial Assets: €14bn
Deposits: €6.1bn
*Consolidated data as at 31 December 2022
**Common Equity Tier 1 (CET1) is a component of Tier 1 capital. It is a capital measure that was introduced in 2014 as a precautionary means to protect the economy from a financial crisis. Financial institution should meet a minimum required capital ratio set at 8%