Cassa di Risparmio della Repubblica di San Marino s.p.a.

Cassa di Risparmio della Repubblica di San Marino (CARISP) is a savings bank, focused on providing retail banking products and services to invididuals, families, SMEs and companies.

Business Focus

Retail Banking

Financials

Total Assets (2017)
1 658.49 mln EUR  (+6.57%)
Net Income (2017)
-39 170 146.00 EUR  (-27.63%)

Cassa di Risparmio della Repubblica di San Marino s.p.a. is the 1st largest bank in San Marino in terms of total assets. In 2017 its total assets were 1 658,49 mln EUR, providing the bank with the market share of 34.57%. In 2017 the bank's net income was -39,17 mln EUR.

Cassa di Risparmio della Repubblica di San Marino s.p.a. participates in deposit guarantee scheme of San Marino. This scheme covers accounts up to 50 000 EUR per bank per depositor.

Contacts

Piazzetta del Titano, 2, 47890, San Marino, San Marino

Cassa di Risparmio della Repubblica di San Marino s.p.a. is headquartered in San Marino.

Bank Identifiers

BIC (SWIFT)
CSSMSMSM

Financial Positions

Total Assets (2017)
1 658.49 mln EUR  (+6.57%)

In 2017 total assets of Cassa di Risparmio della Repubblica di San Marino s.p.a. were 1 658.49 mln EUR. Growth compared to the previous period (2016) was 6.57%. The evolution of the total assets of Cassa di Risparmio della Repubblica di San Marino s.p.a. is shown at Chart 1 below.

Total Assets of Cassa di Risparmio della Repubblica di San Marino s.p.a..

Chart 1. Total Assets of Cassa di Risparmio della Repubblica di San Marino s.p.a..

Profit and Loss

Net Income (2017)
-39 170 146.00 EUR  (-27.63%)

In 2017 net income of Cassa di Risparmio della Repubblica di San Marino s.p.a. was -39 170 146.00 EUR. Decline compared to the previous period (2016) was -27.63%. The evolution of the net income of Cassa di Risparmio della Repubblica di San Marino s.p.a. is shown at Chart 2 below.

Net Income of Cassa di Risparmio della Repubblica di San Marino s.p.a..

Chart 2. Net Income of Cassa di Risparmio della Repubblica di San Marino s.p.a..

Market Share and Rank (among banks in San Marino)

Total Assets (2017)
1st (market share 34.57%)

In 2017 Cassa di Risparmio della Repubblica di San Marino s.p.a. was ranked the 1st largest bank in San Marino in terms of total assets, having 34.57% of the domestic market share.

Market share of Cassa di Risparmio della Repubblica di San Marino s.p.a. (among banks in San Marino)

Chart 3. Market share of Cassa di Risparmio della Repubblica di San Marino s.p.a. (among banks in San Marino)

Several banks having the market shares and ranks closest to Cassa di Risparmio della Repubblica di San Marino s.p.a. are shown below.

RankNameTotal AssetsMarket Share
1 Cassa di Risparmio della Repubblica di San Marino s.p.a.1658.49 mln EUR34.57%
2 Banca di San Marino s.p.a.1125.13 mln EUR23.45%
3 Banca Agricola Commerciale Istituto Bancario Sammarinese s.p.a.927.24 mln EUR19.33%
 

Deposit Guarantee

Deposit Guarantee
Yes (up to 50 000 EUR per depositor)

Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.

All credit institutions operating in San Marino are obliged to participate in San Marino's deposit guarantee scheme.

In the case of Cassa di Risparmio della Repubblica di San Marino s.p.a. failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Eligible Depositors  natural persons, legal entities
Maximum Protected Amount  50 000 EUR
Paid In Currency  EUR

Further Information

BIC

BIC (Business Identifier Code, also known as SWIFT code or SWIFT BIC) is a the mostly used international identifier of financial institutions. SWIFT is the registration authority for BICs. BICs are used in financial transactions, client and counterparty data bases, compliance documents and many others.

A BIC consists of eight or eleven characters, comprising a financial institution code (four characters), a country code (two characters), a location code (two characters) and, optionally, a branch code (three characters).

BIC of Cassa di Risparmio della Repubblica di San Marino s.p.a. and its components are shown in the table below.

BIC  CSSMSMSM
Bank BIC Code  CSSM
Country Code  SM (San Marino)
Location Code  SM
Branch Code  -