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Banca Di San Marino
The Bank of San Marino is an institution created on December 20, 1920, in Faetano, Republic of San Marino San Marino (, ), officially the Republic of San Marino ( it, Repubblica di San Marino; ), also known as the Most Serene Republic of San Marino ( it, Serenissima Repubblica di San Marino, links=no), is the fifth-smallest country in the world an .... It was don Eugenio Fabbri, then parish priest in Faetano, who, together with some parishioners, founded the first cooperative association in general partnership of that territory. Until 2001 it was called Rural Bank of Loans and Deposits in Faetano (Cassa Rurale di Depositi e Prestiti di Faetano), then its name was changed to Bank of San Marino (Banca di San Marino SpA ). A first branch was opened in the capital of San Marino in 1974. Today there are 12 branches, with more than 140 employees. It is the parent company of Leasing Sammarinese, Banca Impresa di San Marino, BSM Immobiliare, San Marino Business, Easy Business SpA ...
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Società Per Azioni
''Società'' (Italian: ''Society'') was an Italian communist cultural magazine published in Italy between 1945 and 1961. History and profile ''Società'' was founded as a quarterly magazine in Florence in 1945. The founders were Ranuccio Bianchi Bandinelli, Cesare Luporini and Romano Bilenchi. Bandinelli also directed the magazine. In 1948 the magazine became closer to the Italian Communist Party (PCI), but was not published by the party. The headquarters was later moved to Rome, and in 1954 its frequency was switched to bimonthly. ''Società'' featured Italian fiction and poetry and occasionally included some essays on the theater and the cinema. It was one of the publications read by the Italian intellectuals, who had Gramscian Antonio Francesco Gramsci ( , , ; 22 January 1891 – 27 April 1937) was an Italian Marxist philosopher, journalist, linguist, writer, and politician. He wrote on philosophy, political theory, sociology, history, and linguistics. He was a ... ...
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Retail Bank
Retail banking, also known as consumer banking or personal banking, is the provision of services by a bank to the general public, rather than to companies, corporations or other banks, which are often described as wholesale banking. Banking services which are regarded as retail include provision of savings and transactional accounts, mortgages, personal loans, debit cards, and credit cards. Retail banking is also distinguished from investment banking or commercial banking. It may also refer to a division or department of a bank which deals with individual customers. In the U.S., the term commercial bank is used for a ''normal'' bank to distinguish it from an investment bank. After the Great Depression, the Glass–Steagall Act restricted normal banks to banking activities, and investment banks to capital market activities. That distinction was repealed in the 1990s. Commercial bank can also refer to a bank or a division of a bank that deals mostly with deposits and loans from c ...
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Economy Of San Marino
The economy of San Marino is a developed free-market economy focused on industries such as tourism, banking, and the manufacture of ceramics, clothing, fabrics, furniture, paints, spirits, tiles, and wine. Taken together, the manufacturing and financial sector make up more than half of the national GDP. The primary sector contribution to the GDP of the country is marginal, with the main agricultural products being wine and cheeses. In addition, San Marino sells collectible postage stamps to philatelists. Overview San Marino's per-capita GDP stands above $48,000 in 2018, placing the country 15th in the world. Overall, the per capita level of output and standard of living is comparable to the richest regions of Italy. Most of the food, water, and other raw resources are imported from Italy, including also the totality of electricity and natural gas. Taxes, especially on labor and capital income, are generally much lower than in Italy, therefore, there are extremely strict requireme ...
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List Of Banks In San Marino
This article is a list of banks in San Marino. Banks are to be listed alphabetically in order of name, its official website, if a bank has one, and its 8-letter SWIFT code. The list is based on information from the Central Bank of San Marino, which is responsible for financial supervision in San Marino. Notes {{List of banks in Europe Banks San Marino San Marino San Marino (, ), officially the Republic of San Marino ( it, Repubblica di San Marino; ), also known as the Most Serene Republic of San Marino ( it, Serenissima Repubblica di San Marino, links=no), is the fifth-smallest country in the world an ...
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Republic Of San Marino
San Marino (, ), officially the Republic of San Marino ( it, Repubblica di San Marino; ), also known as the Most Serene Republic of San Marino ( it, Serenissima Repubblica di San Marino, links=no), is the fifth-smallest country in the world and a European microstate in Southern Europe enclaved by Italy. Located on the northeastern side of the Apennine Mountains, San Marino covers a land area of just over , and has a population of 33,562. San Marino is a landlocked country; however, its northeastern end is within of the Italian city of Rimini on the Adriatic coast. The nearest airport is also in Italy. The country's capital city, the City of San Marino, is located atop Monte Titano, while its largest settlement is Dogana within the largest municipality of Serravalle. San Marino's official language is Italian. The country derives its name from Saint Marinus, a stonemason from the then-Roman island of Rab in present-day Croatia. Born in AD 275, Marinus participated in the reb ...
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Full-time Equivalent
Full-time equivalent (FTE), or whole time equivalent (WTE), is a unit that indicates the workload of an employee, employed person (or student) in a way that makes workloads or class loads comparable across various contexts. FTE is often used to measure a worker's or student's involvement in a project, or to track cost reductions in an organization. An FTE of 1.0 is equivalent to a full-time worker or student, while an FTE of 0.5 signals half of a full work or school load. United States According to the Federal government of the United States, FTE is defined by the Government Accountability Office (GAO) as the number of total hours worked divided by the maximum number of compensable hours in a full-time schedule as defined by law. For example, if the normal schedule for a quarter is defined as 411.25 hours ([35 hours per week * (52 weeks per year – 5 weeks' regulatory vacation)] / 4), then someone working 100 hours during that quarter represents 100/411.25 = 0.24 FTE. Two employ ...
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Investment Management
Investment management is the professional asset management of various securities, including shareholdings, bonds, and other assets, such as real estate, to meet specified investment goals for the benefit of investors. Investors may be institutions, such as insurance companies, pension funds, corporations, charities, educational establishments, or private investors, either directly via investment contracts or, more commonly, via collective investment schemes like mutual funds, exchange-traded funds, or REITs. The term asset management is often used to refer to the management of investment funds, while the more generic term fund management may refer to all forms of institutional investment, as well as investment management for private investors. Investment managers who specialize in ''advisory'' or ''discretionary'' management on behalf of (normally wealthy) private investors may often refer to their services as money management or portfolio management within the context of ...
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Wealth Management
Wealth management (WM) or wealth management advisory (WMA) is an investment advisory service that provides financial management and wealth advisory services to a wide array of clients ranging from affluent to high-net-worth (HNW) and ultra-high-net-worth (UHNW) individuals and families. It is a discipline which incorporates structuring and planning wealth to assist in growing, preserving, and protecting wealth, whilst passing it onto the family in a tax-efficient manner and in accordance with their wishes. Wealth management brings together tax planning, wealth protection, estate planning, succession planning, and family governance. Private wealth management Private wealth management is delivered to high-net-worth investors. Generally, this includes advice on the use of various estate planning vehicles, business-succession or stock-option planning, and the occasional use of hedging derivatives for large blocks of stock. Traditionally, the wealthiest retail clients of investment f ...
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Commercial Bank
A commercial bank is a financial institution which accepts deposits from the public and gives loans for the purposes of consumption and investment to make profit. It can also refer to a bank, or a division of a large bank, which deals with corporations or a large/middle-sized business to differentiate it from a retail bank and an investment bank. Commercial banks include private sector banks and public sector banks. History The name ''bank'' derives from the Italian word ''banco'' "desk/bench", used during the Italian Renaissance era by Florentine bankers, who used to carry out their transactions on a desk covered by a green tablecloth. However, traces of banking activity can be found even in ancient times. In the United States, the term commercial bank was often used to distinguish it from an investment bank due to differences in bank regulation. After the Great Depression, through the Glass–Steagall Act, the U.S. Congress required that commercial banks only engage in ba ...
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Faetano
Faetano is one of the 9 communes or ''castelli'' of San Marino. It has 1,177 inhabitants (May 2018) in an area of 7.75 km2. Geography It borders the Sammarinese municipalities of Montegiardino, Fiorentino, Borgo Maggiore, and Domagnano and the Italian municipalities of Coriano, Montescudo and Sassofeltrio. History It was attached voluntarily to San Marino in 1463 in the last territorial expansion. Parishes Faetano has four parishes ('' curazie''): *Cà Chiavello, Calligaria, Corianino, Monte Pulito Monte Pulito is a small village (''curazia'') located in San Marino. It belongs to the castle of Faetano. History During the Second World War, between 17 and 20 of September 1944, the hill around Monte Pulito was the site of a battle between the ... References External links Municipalities of San Marino Italy–San Marino border crossings {{SanMarino-geo-stub ...
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Private Banking
Private banking is banking, investment and other financial services provided by banks and financial institutions primarily serving high-net-worth individuals (HNWIs)—defined as those with very high levels of income or sizable assets. A bank that specializes in private banking is called a private bank. Private banking is a more exclusive subset of wealth management, geared toward exceptionally affluent clients. The term "private" refers to customer service rendered on a more personal basis than in mass-market retail banking, usually provided via dedicated bank advisers. At least until recently, it largely consisted of banking services (deposit taking and payments), discretionary asset management, brokerage, limited tax advisory services and some basic concierge-type services, offered by a single designated relationship manager. History Private banking is how banking originated. The first banks in Venice were focused on managing personal finance for wealthy families. Private ba ...
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Financial Services
Financial services are the Service (economics), economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, accountancy companies, consumer finance, consumer-finance companies, brokerage firm, stock brokerages, investment management, investment funds, individual asset managers, and some government-sponsored enterprises. History The term "financial services" became more prevalent in the United States partly as a result of the Gramm-Leach-Bliley Act, GrammLeachBliley Act of the late 1990s, which enabled different types of companies operating in the U.S. financial services industry at that time to merge. Companies usually have two distinct approaches to this new type of business. One approach would be a bank that simply buys an insurance company or an investment bank, keeps the original brands of the acquired firm, and adds the Takeover, acquisit ...
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