The Standing Committee for Financial Stability of Bosnia and Herzegovina (SCFS) held a meeting on the analysis of situation in financial sector in Bosnia and Herzegovina.
It was concluded that the process of restructuring of Sberbank BH d.d. Sarajevo and Sberbank a.d. Banjaluka was completed successfully. All the earlier risks connected with the previous owner were removed, and bank stability was preserved, protection of customers and depositors was ensured, thus achieving the stability of the entire banking system in Bosnia and Herzegovina.
The CBBH guarantees monetary stability, in the way that each BAm is covered with euro. It has carried out is task completely, and carries out supply of cash for all commercial banks in Bosnia and Herzegovina without any delay.
All the deposits in commercial banks are insured up to the amount of BAM 50,000, which is guaranteed by the Deposit Insurance Agency of Bosnia and Herzegovina.
Safety, liquidity and capitalisation of the banking sector in Bosnia and Herzegovina is confirmed. Banks can meet all the requests of their depositors, including the requests for cash withdrawals, and, respecting the current operating circumstances, they will keep the continuity of their operations according to the needs of citizens and economy.
