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: The Monetary and Financial System in Bosnia and Herzegovina is stable
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 > The Monetary and Financial System in Bosnia and Herzegovina is stable
BUSINESS

The Monetary and Financial System in Bosnia and Herzegovina is stable

Published: March 16, 2020
Share
SHARE

 

The monetary and thus financial system in Bosnia and Herzegovina is stable.

There are currently 5.5 billion BAM at the accounts of the Central Bank of Bosnia and Herzegovina (CBBH) deposited by commercial banks and their depositors. Of the above-stated amount,  2.7 billion BAM is a Reserve Requirement (RR), while 2.8 billion BAM represents a surplus above the RR. This clearly indicates that the country’s banking system has sufficient level of liquidity and there is currently no need for a further reduction in the RR rate.

The CBBH has a sufficient volume of convertible mark cash, as well as of the euro banknotes, which means that it can meet the needs of commercial banks to supply citizens and businesses. We would like to point out that in addition to this, commercial banks also have significant cash reserves at their disposal, which represents a guarantee of meeting all needs of the financial system.

The CBBH continuously monitors the situation and undertakes all necessary measures in accordance with its powers defined by The Law in order to protect monetary stability and the domestic currency.

 

Medals signed by Juan Antonio Samaranch during Sarajevo Olympic Games sold for Record Price
What is the Amount of total External and Internal Debt of the FBiH in 2017?
Journalist from Indonesia became a Hit on Social Networks for his Name Tito Bosnia
BiH has banned the Import of Mandarins from Croatia
EU4Business Project to strengthen BiH’s Economy with 16 Million Euros
TAGGED:#BiH#money#stable#systemBusiness
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 Dodik: Central Bank of Bosnia and Herzegovina to “release” 2.5 billion BAM
Next Article Co-Chairs of the Geneva International Discussions postpone Round because of COVID-19
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

Second Victim of the Shooting in Kiseljak dies
May 18, 2026
Exhibition “Erasmus Spain and BiH – a Journey of Culture and Creativity” opened
May 18, 2026
Gunman in Kiseljak Dies After Killing One and Seriously Injuring Another
May 18, 2026
EUFOR Commander Praises Irish Contribution to Peace and Stability in BiH
May 18, 2026
First comprehensive Cancer Prevention Research completed in BiH with EU Support
May 18, 2026
Nebojsa Vukanovic confirms His Candidacy for the Member of BiH Presidency
May 18, 2026
Members of the BiH Border Police prevent the Smuggling of 14 Foreign Citizens
May 18, 2026
Federal Police Administration arrests Four Persons in Sarajevo
May 18, 2026
Young Innovator Ahmed Guso wins First Place at international Competition in Indonesia
May 18, 2026
11 Mountain Peaks over 2,000 Meters, Eight “Mountain Eyes,” and 17 Icy Rivers and Streams in BiH
May 18, 2026
Sarajevo TimesSarajevo Times
Follow US
© 2012 Sarajevo Times. All Rights Reserved.
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
Go to mobile version
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?