Meeting of the Standing Committee for Financial Stability of BH held 3/3/2022 Tweet Today, on 03 March 2022, in Sarajevo, 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. The meeting was chaired by Governor of the Central Bank of Bosnia and Herzegovina (CBBH), Senad Softić, Ph.D., and the meeting was also attended by Minister of Finance and Treasury of Bosnia and Herzegovina Vjekoslav Bevanda, Minister of Finance of the Federation of Bosnia and Herzegovina Jelka Milićević, Minister of Finance of Republika Srpska Zora Vidović, acting Deputy Director of the Banking Agency of Republika Srpska, Srđan Šuput, Director of the Banking Agency of the Federation of Bosnia and Herzegovina Jasmin Mahmuzić and Director of Deposit Insurance Agency of Bosnia and Herzegovina Krešimir Šoljić. 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 KM 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 KM 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.
