Central Bank of Bosnia and Herzegovina

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Central Bank of Bosnia and Herzegovina
Centralna banka Bosne i Hercegovine
Building of the Central Bank of Bosnia-Herzegovina in Sarajevo
Building of the Central Bank of Bosnia-Herzegovina in Sarajevo
Headquarters Sarajevo , Bosnia and Herzegovina , 25 Maršala Tita Street
founding June 20, 1997
president Senad Softic
country Bosnia and Herzegovina
currency

Convertible Mark

ISO 4217 BAM
Website

http://cbbh.ba/

predecessor

Central Bank of Yugoslavia

List of central banks

The Central Bank of Bosnia and Herzegovina ( Bosnian Central Bank of Bosnia and Herzegovina, Croatian Središnja Bank of Bosnia and Herzegovina, Serbian Централна банка Босне и Херцеговине , also abbreviated CBBH / ЦББХ) is the central bank of Bosnia and Herzegovina with headquarters in the capital Sarajevo .

Its tasks include issuing and securing the national currency, the convertible mark . The Central Bank was established by a law passed on June 20, 1997, and began operating on August 11 of the same year.

The CBBH has a head office, three large branches and two branches. The head office is in Sarajevo, the three major branches are also in Sarajevo, Banja Luka and Mostar . The regional divisions (CBBH Bosna and CBBH Republika Srpska) have branches in Brčko and Pale.

The top administrative structure of the Central Bank consists of a governor and three vice-presidents appointed by the governor with the approval of the board of directors. According to the law on the Central Bank of Bosnia and Herzegovina, the board of directors consists of five people who have a six-year mandate. The Board of Directors appoints one of its members as governor.

On September 30, 2011, an eighteen-month cooperation program between the European Central Bank and the Central Bank of Bosnia and Herzegovina, which among other things includes one million euros in funding for the CBBH from the ECB, was successfully concluded.

Governors

  • Peter Nicholl (June 20, 1997 - December 31, 2004)
  • Kemal Kozarić (January 1, 2005 - August 11, 2015)
  • Senad Softić (August 11, 2015 - today)

See also

Web links

Individual evidence

  1. ↑ [1] 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). Retrieved September 19, 2016 (English).
  2. ^ [2] Press release from the Bundesbank on the cooperation program between the ECB and CBBH. Retrieved September 19, 2016 (German).