On 22nd March 2018, the ambassador of the People’s Republic of China to Bosnia and Herzegovina H.E. Chen Bo visited Central Bank of Bosnia and Herzegovina (CBBH), where she met with the CBBH Governor Senad Softić, Ph.D. with whom she exchanged information on the situation in BH economy and financial sector, as well as current and planned activities of the CBBH.
During the conversation, Governor Softić, Ph.D. used the opportunity to inform the ambassador on the latest macroeconomic indicators for BH, and he presented the situation in the banking sector, where he emphasized that 2017 was marked with the strengthening of the sector stability through the continuous process of consolidation and the adoption of new legislation, primarily featured by the modernization and harmonization of domestic legislation with the EU regulations, which should contribute to strengthening the stability of the banking sector.
Saying so, the Governor emphasized that in order to further harmonize the legal framework for the banking sector, the adoption of the new Law on Deposit Insurance in BH banks is particularly important.
Ambassador Bo informed the Governor about several initiatives aimed at improving economic exchange between the two countries, whose opportunities will significantly increase with the expected abolition of the visa regime that will enable easier communication between businessmen and the development of the tourism sector. H.E. Chen Bo specifically emphasized the interest of the People’s Republic of China’s Government to invest in infrastructure projects, as well as possible forms of support to small and medium-sized enterprises in BH.
(Source: cbbih)
