Banca CIS - Credito Industriale Sammarinese provided a wide range of corporate banking, private banking and asset manegement solutions to high-net-worth individuals and companies. On July 22, 2019, the Central Bank of the Republic of San Marino orderedto launch the resolution against the Banca CIS - Credito Industriale Sammarinese S.p.A. Banca CIS was renamed to Banca Nazionale Sammarinese S.p.A. On July 16, 2021, the Central Bank of the Republic of San Marino revoked the license of Banca Nazionale Sammarinese S.p.A.
In 2019, Banca Nazionale Sammarinese S.p.A. achieved the position of 5th largest bank in San Marino with a market share of 6.68%.
Additionally, the bank became the 4th profitable bank in relation to its total assets showcasing -0.02% return on assets in 2017.
Deposits up to 50,000 EUR are covered by San Marino's deposit guarantee scheme in Banca Nazionale Sammarinese S.p.A.
Banca Nazionale Sammarinese S.p.A. was the 4th largest bank in San Marino in terms of total assets. In 2017 its total assets were 564,20 mln EUR, providing the bank with the market share of 11.76%. In 2017 the bank's net income was -125 248,00 EUR.
Banca Nazionale Sammarinese S.p.A. participates in the deposit guarantee scheme of San Marino which applies to current accounts, savings accounts, time deposit accounts made by natural persons (San Marino and foreign), legal entities (San Marino and foreign) and covers up to up to 50,000 EUR per bank per depositor. Banca Nazionale Sammarinese S.p.A. is a member of Guarantee Fund for Depositors and makes its contributions into it.
Banca Nazionale Sammarinese S.p.A. was headquartered in Serravalle.
Banca Nazionale Sammarinese S.p.A. was authorized and supervised by the Central Bank of San Marino (reference number 5854).