Bosna Bank International (BBI), the first bank in BiH and the region that operates in accordance with Islamic principles, together with its shareholders decided to continue supporting the BiH economy and investing in the growth of the bank. Yesterday they announced that they are increasing the core capital of the bank by 30 million BAM, which enables the support for BiH economy in the amount of 240-250 million BAM.
At the press conference held in Sarajevo yesterday, Director General of BBI Bank Amer Bukvić announced new offers that the BBI Bank is preparing for its clients, citizens and legal bodies.
“In addition to this, the BBI Bank reached a decision on opening offices for cooperation with business partners in the world. Therefore, in a week or so we will open the first office in Dubai, and in the next several months we will open offices in other Gulf countries – Saudi Arabia, Kuwait, Bahrein, and, as we announced at the Sarajevo Business Forum, we are also negotiating about the opening of offices in India and China,” Bukvić added.
According to Bukvić, this will enable the increased presence of BiH economy in these countries, opening of the market to our producers, and opening of new lines for investing in BiH.
According to the amount of the paid capital, with new 110 million BAM BBI Bank is the fourth in FBiH and the fifth in BiH. Total capital (paid+accumulated profit) is now 130 million BAM, and adequacy of the capital is 19.18, while the average in FBiH is 15.44.
In the past ten years, BBI Bank has been the fastest growing bank with a growth of 20 percent on average annually. After the economic crisis in 2008, it was the second fastest growing bank in the case of credit portfolio. They increased the number of branch offices from three to 30 in the past ten years, and number of employees from 32 to 365.
“At the same time, the profitability of the bank was also growing – in the past year, we recorded the growth of 40 percent, and a year later it was 35 percent. We expect this trend to continue in the future as well,” stated Bukvić.
(Source: klix.ba/photo: capital.ba)
