The Central Bank of Bosnia and Herzegovina was established in accordance with the Law adopted at the Parliamentary Assembly of Bosnia and Herzegovina on 20 June 1997. It started its operation on 11 August 1997.
The Central Bank of Bosnia and Herzegovina maintains monetary stability by issuing domestic currency according to the currency board arrangement with full coverage in freely convertible foreign exchange funds under the fixed exchange rate (1 BAM: 0.51129 EUR). The Central Bank of Bosnia and Herzegovina defines and controls the implementation of monetary policy of Bosnia and Herzegovina. The Central Bank of Bosnia and Herzegovina supports and maintains appropriate payment and settlement systems. It also co-ordinates the activities of the BH Entity Banking Agencies, which are in charge of bank licensing and supervision.
The Central Bank of Bosnia and Herzegovina has the head office, three main units and two branches. The head office of the Central Bank of Bosnia and Herzegovina is in Sarajevo, in the former branch building of the State Mortgage Bank of Yugoslavia, completed in 1931.[3] The main units are the Main Unit Sarajevo, the Main Bank of Republika Srpska CBBH Banja Luka and Main Unit Mostar. The branches are: the CBBH Branch in Brčko and the Main Bank of Republika Srpska CBBH Branch in Pale.
The senior body of the Central Bank of Bosnia and Herzegovina is the governing board, which is in charge of establishing and supervision of monetary policy, organization and strategies of the Central Bank, all according to the powers given to the board by the law. According to the law on CBBH, the governing board consists of five persons that are appointed by the BH presidency for a six-year mandate. The governing board appoints one of its members as governor.
The governor of the Central Bank of Bosnia and Herzegovina is Jasmina Selimović.
The management of the Central Bank of Bosnia and Herzegovina consists of a governor and three vice governors, appointed by the governor with the approval of the governing board. The task of the management is the operative management of the Central Bank business. Each vice governor is directly responsible for the operations of one sector of the Central Bank.
Governorsedit
The following have been Governors of the Central Bank of Bosnia and Herzegovina:[4]
^Weidner, Jan (2017). "The Organisation and Structure of Central Banks" (PDF). Katalog der Deutschen Nationalbibliothek.
^"Devizne rezerve Centralne banke BiH na kraju 2023. godine iznosile 31,11 milijardi KM".
^"Državna hipotekarna banka u Sarajevu". Milan Zloković.
^"Jasmina Selimovic Ph.D new Governor of the Central Bank of Bosnia and Herzegovina".
External linksedit
Wikimedia Commons has media related to Central Bank of Bosnia and Herzegovina.
- Available in Bosnian, Serbian, Croatian and English
Law on the Central Bank of Bosnia and Herzegovina - ("Official Gazette of Bosnia and Herzegovina", 1/97, 29/02, 8/03, 13/03, 9/05, and 76/06) (in English)
March 14, 2024
central, bank, bosnia, herzegovina, bosnian, croatian, serbian, centralna, banka, bosne, hercegovine, Централна, банка, Босне, Херцеговине, central, bank, bosnia, herzegovina, located, capital, city, sarajevo, centralna, banka, bosne, hercegovineЦентрална, бан. The Central Bank of Bosnia and Herzegovina Bosnian Croatian and Serbian Centralna banka Bosne i Hercegovine Centralna banka Bosne i Hercegovine is the central bank of Bosnia and Herzegovina located in the capital city Sarajevo Central Bank of Bosnia and HerzegovinaCentralna banka Bosne i HercegovineCentralna banka Bosne i HercegovineHeadquartersUlica Marsala Tita 25 SarajevoCoordinates43 51 32 N 18 25 14 E 43 8588 N 18 4206 E 43 8588 18 4206Established20 June 1997 26 years ago 1997 06 20 Ownership100 state ownership 1 GovernorJasmina SelimovicCentral bank ofBosnia and HerzegovinaCurrencyBosnia and Herzegovina convertible markBAM ISO 4217 Reserves 17 20 billion USD 2 Websitewww wbr cbbh wbr ba Contents 1 Overview 2 Governors 3 See also 4 References 5 External linksOverview editThe Central Bank of Bosnia and Herzegovina was established in accordance with the Law adopted at the Parliamentary Assembly of Bosnia and Herzegovina on 20 June 1997 It started its operation on 11 August 1997 The Central Bank of Bosnia and Herzegovina maintains monetary stability by issuing domestic currency according to the currency board arrangement with full coverage in freely convertible foreign exchange funds under the fixed exchange rate 1 BAM 0 51129 EUR The Central Bank of Bosnia and Herzegovina defines and controls the implementation of monetary policy of Bosnia and Herzegovina The Central Bank of Bosnia and Herzegovina supports and maintains appropriate payment and settlement systems It also co ordinates the activities of the BH Entity Banking Agencies which are in charge of bank licensing and supervision The Central Bank of Bosnia and Herzegovina has the head office three main units and two branches The head office of the Central Bank of Bosnia and Herzegovina is in Sarajevo in the former branch building of the State Mortgage Bank of Yugoslavia completed in 1931 3 The main units are the Main Unit Sarajevo the Main Bank of Republika Srpska CBBH Banja Luka and Main Unit Mostar The branches are the CBBH Branch in Brcko and the Main Bank of Republika Srpska CBBH Branch in Pale The senior body of the Central Bank of Bosnia and Herzegovina is the governing board which is in charge of establishing and supervision of monetary policy organization and strategies of the Central Bank all according to the powers given to the board by the law According to the law on CBBH the governing board consists of five persons that are appointed by the BH presidency for a six year mandate The governing board appoints one of its members as governor The governor of the Central Bank of Bosnia and Herzegovina is Jasmina Selimovic The management of the Central Bank of Bosnia and Herzegovina consists of a governor and three vice governors appointed by the governor with the approval of the governing board The task of the management is the operative management of the Central Bank business Each vice governor is directly responsible for the operations of one sector of the Central Bank Governors editThe following have been Governors of the Central Bank of Bosnia and Herzegovina 4 Peter Nicholl 20 June 1997 31 December 2004 Kemal Kozaric 1 January 2005 11 August 2015 Senad Softic 11 August 2015 3 January 2024 Jasmina Selimovic 3 January 2024 present See also edit nbsp Banks portalBosnia and Herzegovina convertible mark Economy of Bosnia and Herzegovina Economy of Europe List of central banksReferences edit Weidner Jan 2017 The Organisation and Structure of Central Banks PDF Katalog der Deutschen Nationalbibliothek Devizne rezerve Centralne banke BiH na kraju 2023 godine iznosile 31 11 milijardi KM Drzavna hipotekarna banka u Sarajevu Milan Zlokovic Jasmina Selimovic Ph D new Governor of the Central Bank of Bosnia and Herzegovina External links edit nbsp Wikimedia Commons has media related to Central Bank of Bosnia and Herzegovina Central Bank of Bosnia and Herzegovina official website Available in Bosnian Serbian Croatian and English Law on the Central Bank of Bosnia and Herzegovina Official Gazette of Bosnia and Herzegovina 1 97 29 02 8 03 13 03 9 05 and 76 06 in English Retrieved from https en wikipedia org w index php title Central Bank of Bosnia and Herzegovina amp oldid 1209129149, wikipedia, wiki, book, books, library,
