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Monaco’s financial centre in figures

At the end of December 2024, Monaco’s financial centre was comprised of 92 firms representing assets under management and/or advisement from Monaco totalling 100 billion euros.
The amount of deposits and securities totals 172 billion euros.

The credit institutions are either branches of foreign banks (12) or sociétés anonymes monégasques (12).
The management companies are all sociétés anonymes monégasques, and in 63% of cases the majority shareholder is a legal entity.

All of the credit institutions and most of the management companies provide advisory services and reception-transmission of orders.
As regards asset management, Monaco’s financial centre has historically specialised in portfolio management, with 26 billion euros of assets under management at the end of 2024, and a further 11.6 billion euros of assets under collective management (foreign and Monegasque funds).