The Governor of the Central Bank of Bosnia and Herzegovina (CBBH) Senad Softić stated, when it comes to the business results for 2023, that he can already say with certainty that this is the largest realized profit in the history of the Central Bank of Bosnia and Herzegovina.
“Realized net profit on October 31 of this year is 208 million BAM. At the same time, the total capital on October 31 of this year is 870 million BAM. It is expected that the total net profit in 2023 will amount to more than 280 million BAM. The projection of net profit for 2024 is about 335 million BAM. It is very certain that the CBBH will ensure a payment to the budget of the institutions of Bosnia and Herzegovina in the amount of more than 70 million BAM for 2023 and 100 million BAM for 2024,” Softić told Fena.
The Governor of the Central Bank of Bosnia and Herzegovina added that this is the result of responsible work and timely measures taken this year and last year. He emphasized that they also managed to improve key processes and launch significant projects that include the modernization of payment systems (SEPA and TIPS) and foreign exchange reserve management.
“Following the global trends of social responsibility, we started the process of investing part of the portfolio of foreign exchange reserves in green bonds, and projects related to financial education and inclusion. The Central Bank of Bosnia and Herzegovina strives with its activities to ensure the conditions for a faster process of European integration of Bosnia and Herzegovina, and a stable and favorable economic environment for the economy and citizens of Bosnia and Herzegovina,” concluded Softić.
