The Central Bank of Bosnia and Herzegovina (BiH) believes that this year it operated extremely successfully and that it maintained monetary stability despite, as they announced, extremely complex conditions on the financial market.
The achieved results, presented in the summarized financial reports for the period January 1st – September 30th, 2023, indicate that 2023 will be, as they assessed, a historic year in terms of the achieved business results since the establishment of the Central Bank of BiH, i.e. in all 26 years of her work.
At its regular session held on October 30th, the Governing Council of the Central Bank of BiH adopted the aforementioned summary financial reports, which it submitted to the Presidency of BiH in accordance with the Law on Central Bank of BiH.
After the timely and, as they announced, extremely successful restructuring of the portfolio of foreign exchange reserves in accordance with policy changes in the euro zone, the Central Bank of BiH achieved the following results as of September 30th, 2023:
Net profit for the mentioned period 173 million BAM (25.9 million BAM as of December 31st, 2022);
Total capital 811 million BAM (545 million BAM as of December 31st, 2022);
Currency board coverage ratio 104.73 percent (102.89 percent as of December 31st, 2022);
Net foreign exchange reserves 15.91 billion BAM (16.06 billion BAM as of December 31st, 2022)
