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Sarajevo Times > Blog > POLITICS > Governor of BiH Central Bank met with the President of the European Central Bank
POLITICS

Governor of BiH Central Bank met with the President of the European Central Bank

Published May 12, 2025
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The Governor of the Central Bank of Bosnia and Herzegovina (CB BiH), Jasmina Selimović, met with the President of the European Central Bank (ECB), Christine Lagarde, at a meeting held on the sidelines of the Spring Meetings of the International Monetary Fund and the World Bank in Washington.

The focus of the discussions was the importance of preserving the independence of the Central Bank of Bosnia and Herzegovina as a foundation for stability, trust and long-term economic development, and the continuation of cooperation between the CBBiH and the ECB in the context of the European integration process.

Governor Selimović emphasized that the independence of the CBBiH represents a pillar of stability and trust, that technical cooperation and knowledge exchange contribute to strengthening the resilience of financial systems, and that harmonization with European standards leads to deeper integration of BiH into the EU.

She emphasized that “by strengthening institutional independence, increasing transparency, modernizing payment systems through the implementation of the SEPA and TIPS systems, and adopting European standards, the Central Bank of BiH is building solid foundations for a stable and resilient financial system.”

The discussion also covered the role of central banks in overcoming economic challenges, macroeconomic developments in Europe, inflationary pressures and strengthening the resilience of financial systems.

The meeting took place in a constructive and partnership atmosphere, with a shared commitment to cooperation between the two institutions on Bosnia and Herzegovina’s path towards European integration.

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