CFM Monaco is a banking institution based in Monaco City, Monaco. The bank provides project loans and technical assistance to the governments, public agencies, and other entities. It engages in assisting the borrowing member countries to optimize the use of their resources, develop their economies, and expand production and trade. Additionally, it mobilizes financial resources, provides technical assistance to its regional borrowing members, and supports regional and local financial institutions and a regional market for credit and savings. The operations of the bank are managed and administered by the board of directors consisting of twelve members.