Founded in 1976, Compagnie Monegasque de Banque (CMB) is specializing in international private banking in Monaco. It is a wholly owned subsidiary of Mediobanca SpA, an Italian investment bank listed on the Milan stock exchange. CMB offers clients a range of products and services organised around three core businesses: private banking, investment management and financing.
Compagnie monégasque de banque is the 6th largest bank in Monaco in terms of total assets. In 2018 its total assets were 4 333,85 mln EUR, providing the bank with the market share of 8.88%. In 2018 the bank's net income was 14,93 mln EUR.
Compagnie monégasque de banque participates in the deposit guarantee scheme of France. This deposit guarantee scheme applies to all deposit accounts made by natural persons, legal entities and covers up to up to 100,000 EUR per bank per depositor. Compagnie monégasque de banque is a member of Fonds de Garantie des Dépôts et de Résolution (FGDR) and makes its contributions into it.
Compagnie monégasque de banque is a member of Mediobanca (Italy).