Magazin Capital Finance International Awarded the Central Bank of Bosnia and Herzegovina

8/10/2017

August 10, 2017

Capital Finance International awarded the Central Bank of Bosnia and Herzegovina for the best governance award for the Central Bank in Central and Eastern Europe in 2017 (Central Bank of Bosnia and Herzegovina – Banking Awards 2017 – Best Central Bank Governance – CEE 2017). 

In explaining the award, this magazine says that it recognized the modalities of the Central Bank of Bosnia and Herzegovina which has contributed during the years of its operations to the continuous stability of the country. Operating as an independent institution, the Central Bank of Bosnia and Herzegovina adhered strictly the Currency Board arrangement, ensuring monetary stability by maintaining full coverage of domestic currency with foreign exchange reserves which, among other things, creates preconditions for sustainable economic growth and country development. 

The Central Bank of Bosnia and Herzegovina expresses the content for this award that comes at the very best moment, in the days when this institution celebrates the 20th anniversary of its operations.



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