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Reading: Banks Association of BiH (UBBiH) Held An Assembly Yesterday
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Sarajevo Times > Blog > BUSINESS > Banks Association of BiH (UBBiH) Held An Assembly Yesterday
BUSINESS

Banks Association of BiH (UBBiH) Held An Assembly Yesterday

Published April 6, 2013
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markeEight members of the assembly and the governor of the BiH Central Bank, Director of the Deposit Insurance Agency of BiH and the Directors of the Entity Agencies for Banking attending the assembly yesterday.

They spoke about the current situation in the banking sector in BiH, its activities and predictions.

It was emphasized that the banks capital strengthened last year while there was a decrease of five percent of the funds.

The rate of non-performing loans that amounted to 13,2 percent last year increased.

It was noted that the banking system is well organized and stable, but that you can never be cautious enough, announced the UBBiH.

The banks are invited to be actively involved in creating legislation that would enable the application of principles of the Basel principles (Basel II and Basel III).

The assembly was informed that the Deposit Insurance Agency is considering the possibility to increase the insured deposits in BiH as a measure of further strengthening public confidence in the banking sector.

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