By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Sarajevo TimesSarajevo TimesSarajevo Times
  • HOME
  • POLITICS
    • BH & EU
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
    • BH & EU
    • BUSINESS
    • ARTS
  • SPORT
  • ARTS
    • CULTURE
    • ENTERTAINMENT
  • W&N
Search
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Reading: How many Millionaires live in BiH?
Share
Font ResizerAa
Sarajevo TimesSarajevo Times
Font ResizerAa
  • HOME
  • POLITICS
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
  • SPORT
  • ARTS
  • W&N
Search
  • HOME
  • POLITICS
    • BH & EU
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
    • BH & EU
    • BUSINESS
    • ARTS
  • SPORT
  • ARTS
    • CULTURE
    • ENTERTAINMENT
  • W&N
Follow US
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
© 2012 Sarajevo Times. All rights reserved.
Sarajevo Times > Blog > BUSINESS > How many Millionaires live in BiH?
BUSINESS

How many Millionaires live in BiH?

Published November 3, 2016
Share
SHARE

NOVAC EUROAccording to the Central Bank of BiH, total deposits of the population in commercial banks in BiH at the end of September amounted to 10.25 billion BAM, which is the highest amount of deposits recorded so far.

In the structure of total deposits in commercial banks in BiH, deposits by citizens have by far the largest share of 59.6 percent.

This data sounds unbelievable in a country where around one million residents lives on the edge of poverty and more than 600.000 of them are in that category. According to the statistics, people in BiH live better and better as time goes by, and they save more money. However, the reality is entirely different. Namely, while more and more citizens of BiH move towards the poverty line, the number of multimillionaires in BiH increases.

According to all relevant analyses, around 30.000 residents of BiH are not starving only thanks to the food they get in soup kitchens for free. At the moment, there are more than 540.000 unemployed people in BiH. Especially dramatic estimation is the one saying that around 200.000 employed persons work for minimum monthly wage of around 370 BAM, and almost equal number of workers go to work and do not receive their wage regularly! There are approximately 500.000 retirees in BiH, and more than 60 percent of them have the lowest pension in the amount slightly higher than 300 BAM. Around 700.000 people go to sleep hungry – without a proper dinner.

However, BiH has the other face as well, the one that speaks of unbelievable wealth of a small number of people.

Research shows that BiH is home to 92 multimillionaires whose wealth is worth a little over ten billion BAM. According to international standards and methodologies, a member of this category is every individual whose wealth exceeds the amount of 30 million BAM.

Another interesting fact is that the number of multimillionaires in BiH grows. In 2012 there were 65 of them, in 2015 the number increased to 92, and according to all estimations by the end of this year the number will increase to more than 100. There are also 525 millionaires in BIH, who have one or more million BAM on their accounts in commercial banks in BiH.

(Source: radiosarajevo.ba)

Una National Park Made Easy: Discover It With Japodijum

The required Conditions are met, everything is on the Members of Moneyval now

91 Persons have Deposits of more than One Million Euros in Montenegrin Banks

Miners In BiH End Hunger Strike

5 Pfennig less: Another Drop in Fuel Prices within a Month

TAGGED:#banks#millionaires#multimillionaires#statistics#wealth
Share This Article
Facebook Whatsapp Whatsapp Telegram Threads Bluesky Email Print
Share
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article Vlašić and Igman covered in Snow
Next Article Beauty of BiH: Is this the most beautiful Calendar in BiH? (Gallery)
Leave a Comment Leave a Comment

Leave a Reply Cancel reply

You must be logged in to post a comment.

Stay Connected

10.2kFollowersLike
10.1kFollowersFollow
414FollowersFollow

Latest News

The Situation In Greenland Is Critical For Europe And NATO
January 20, 2026
Ambassador of Italy visits the Production Facilities in Gradiska
January 20, 2026
Pomozi.ba Gives Back a Sense of Dignity to People in Need, Caring for the Often Forgotten
January 20, 2026
EU Country Built an Underground World So Large It Competes with the Cities Above
January 20, 2026
Three-day Mourning Declared in Spain
January 20, 2026
International Student Exchange between Sarajevo and Hamburg on Sustainable Development
January 20, 2026
Customs Officer sentenced to One Year in Prison for accepting a Gift
January 20, 2026
Schmidt: I can provide Support, but BHRT is the Responsibility of the BiH Parliament
January 20, 2026
“Your Property Designated For Use In War!”: Residents Of A NATO Member Receive Shocking Letters
January 20, 2026
“A Large Part Of The Damage In Society Is Produced By Actors Who Act Irrationally”
January 20, 2026
Sarajevo TimesSarajevo Times
Follow US
© 2012 Sarajevo Times. All Rights Reserved.
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
Go to mobile version
adbanner
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?