Private Banking

CMB Monaco

Monaco, Monaco

Manually Curated
Specialization

Monaco-booked private banking, lending against property and financial assets, wealth structuring

Region

Monaco, Monaco

Off-Market Access

Upon request

Experience

Founded 1976

About CMB Monaco

Compagnie Monegasque de Banque, a private bank founded in Monaco in 1976 and part of the Mediobanca group, offering investment services, financing and wealth structuring booked in the Principality.

Known For

  • Headquartered in Monaco since 1976, one of the few private banks with the Principality as its home market rather than a branch location
  • Subsidiary of Mediobanca, the Milan-based investment and wealth management group
  • Offers financing secured on Monaco property and investment portfolios alongside discretionary and advisory management
  • Head office on avenue des Spelugues in Monte Carlo

Typical Mandate

CMB Monaco is used by residents and prospective residents of Monaco who want their banking relationship, investment portfolio and lending to sit in the Principality. A typical relationship combines a custody and investment account, a lombard facility against securities, and a mortgage on a Monaco apartment. The bank also provides the bank reference and account opening that a Monaco residence application requires, and works with local lawyers on holding structures for property and other assets.

How to Engage

Prospective clients can approach the bank directly or through introductions from Monaco lawyers, real estate agencies and family offices. Onboarding follows the Principality's anti-money-laundering rules, which require detailed documentation of identity, source of wealth and source of funds before an account is opened. Applicants planning residency should start the process early, since the bank attestation is part of the permit file. Minimum relationship sizes are not published.

Frequently Asked Questions

Who owns CMB Monaco?

The bank is part of the Mediobanca group, the Italian financial group headquartered in Milan, which acquired control in the early 2000s. It continues to operate as a Monaco-incorporated bank under its own name and management, with the group providing capital and product platforms.

Does CMB Monaco lend against Monaco real estate?

Yes. Financing solutions are one of its three main service lines, alongside investment services and wealth structuring. Lending against property in Monaco, and against portfolios held with the bank, is a core activity given that many clients hold a large share of their wealth in local apartments.

Can CMB Monaco help with a Monaco residence application?

A Monaco bank reference confirming sufficient funds is required for a residence permit, and opening an account with a bank in the Principality is one of the first steps most applicants take. CMB Monaco provides this as part of onboarding, subject to its compliance process.

Last reviewed: September 2026. Curated by Trophy Registry from public sources and industry references.

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Contact

www.cmb.mc

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