News Analysis: Monaco is proud of it Wealthy Citizens and its Beautiful Surroundings. Prince Albert has done a fine job of attracting Clientele into visiting the Principality and also investing there. Interrelated with this are the activities of ‘CMB’ (founded in 1976). It is noted for its high level of Capital Reserves and Competent Management. Its Assets (2012) were 2.05+ Billion Euros ($2.8+ Billion Dollars).
A minimum Solvency Ratio of 8% is mandated by Basel II Requirements; at ‘CMB’ it is over Fifty Percent. Short term liabilities are covered significantly as well.
Investors thinking of placing funds into Projects in the Geographic Area of the Mediterranean and/or establishing some sort of abode for transient stays in the Principality may want to consider “CMB’.
The requirements of International Banking require Personnel a ‘Cut Above’ “Domestic Banking”. A “Bird of Paradise” has many more Inherent Assets than a mere “Sparrow”.
Reality.
Reference: http://www.rivieratimes.com/index.php/monaco-article/items/the-bank-you-need-to-know.html