Banque du Gothard (Monaco)
Banque Pasche – CM – CIC Private Banking
UBS (Monaco)
BNP Paribas Private Bank Monaco
BSI Monaco
Banque de Gestion Edmond de Rothschild – Monaco
Compagnie Monégasque de Banque
Fortis Banque Monaco
Credit Suisse (Monaco)
Credit Foncier de Monaco
EFG Eurofinancière d'Investissements
Banque J.Safra (Monaco)
HSBC Private Bank (Monaco)
Dresdner Bank Monaco
KB Luxembourg (Monaco)
Crédit Mobilier de Monaco
Monte Paschi Monaco
SG Private Banking (Monaco)
ING Bank (Monaco)
Banque Monégasque de Gestion
Martin Maurel Sella – Banque Privée (Monaco)
Trading
List of Banks in Monaco
Published by Gbaf News
Posted on June 14, 2012
1 min read· Last updated: June 11, 2018
Key Takeaways
- Monaco hosts around 17–25 active banks, predominantly focused on private banking and wealth management.
- Major players include Barclays Bank PLC Monaco, CMB Monaco, UBS (Monaco), CFM Indosuez Wealth, and Société Générale Private Banking.
- Entry requirements are high—with residency-linked minimum deposits often ranging from €500,000 to several million euros.
- The sector is highly consolidated, with a small number of banks controlling collectively the majority of assets.
- Most banks in Monaco are international subsidiaries; domestic banks hold a negligible share of assets.
References
Frequently Asked Questions
How many banks operate in Monaco?
As of 2026, estimates range from around 17 to 25 active banks operating in Monaco, primarily in private banking and wealth management sectors.
Which are the largest banks by assets in Monaco?
The largest banks include Barclays Bank PLC Monaco (≈27% market share), CMB Monaco, UBS (Monaco), CFM Indosuez Wealth and Société Générale Private Banking.
What minimum deposit is required to open an account in Monaco?
Residency-linked minimum deposits typically start at €500,000; top private banks such as Barclays, UBS and Edmond de Rothschild often require €3.5–5 million.
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