CFM best private bank in Monaco

The Credit Foncier de Monaco (CFM) has been voted the best private bank in Monaco in the 2009 Euromoney private banking survey.

The survey was carried out last year between July and October. It took into account banks' key statistics relating to wealth management operations, but also asked frontline staff to rate other banks in their country.

Founded in 1922, CFM is the oldest bank in Monaco and today employs 390 staff in 7 branches. It has about 15% market share of assets under management in the Principality, and as a subsidiary of the French Credit Agricole, it has access to research and resources around the world.