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Reading: Europe Is Still Our Anchor of Stability and Development, Says CBBiH Governor
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Sarajevo Times > Blog > BUSINESS > Europe Is Still Our Anchor of Stability and Development, Says CBBiH Governor
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Europe Is Still Our Anchor of Stability and Development, Says CBBiH Governor

Published: November 21, 2025
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The Governor of the Central Bank of Bosnia and Herzegovina (CBBiH), Jasmina Selimovic, participated in the conference “100th Anniversary of the Bank of Albania – Centennial Conference of the Bank of Albania” in Tirana, where, within the panel “Europe’s strategic choices and challenges ahead,” she spoke about the current economic and geopolitical challenges facing Europe and the role of the European Union (EU) in maintaining stability and promoting the convergence of Western Balkan countries toward the EU.

On this occasion, the governor emphasized that Europe is at a crucial crossroads, between intense global competition, geopolitical changes, and economic pressures, but that, despite all challenges, it remains an anchor of trade, finance, and institutional development in Southeastern Europe.

“For BiH, the European path is not only a political choice, but also a framework for stability, development, and strengthening institutions. The independence of the Central Bank remains the foundation of trust and security in the financial system,” Selimovic emphasized.

She stated that the true legacy of central banking is reflected not only in maintaining stability but also in building trust that empowers societies to grow, innovate, and progress.

“The Bank of Albania, through its 100 years of dedication and service, represents an outstanding example of how steadfast commitment to these principles shapes the progress of a nation,” she added.

Selimovic also highlighted the excellent relations between the CBBiH and the Bank of Albania, which are based on long-standing cooperation, exchange of knowledge, and experience in areas of monetary policy, financial stability, and modernization of banking systems.

In addition to the governor of the CBBiH, the panel included representatives of central banks and international institutions, who exchanged views on the resilience of the European financial system, the development of eurozone monetary policy, and the prospects for economic growth in the region in light of the European enlargement agenda, the CBBiH stated.

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