Central Bank of Bosnia and Herzegovina

Central Bank of Bosnia and Herzegovina
Centralna banka Bosne i Hercegovine

Headquarters	Ulica Maršala Tita 25, Sarajevo
Established	20 June 1997
President	Senad Softić
Central bank of	Bosnia and Herzegovina
Currency	Bosnia and Herzegovina convertible mark BAM (ISO 4217)
Website	www.cbbh.ba

The Central Bank of Bosnia and Herzegovina (Bosnian: Centralna banka Bosne i Hercegovine, Croatian: Središnja banka Bosne i Hercegovine; Serbian: Централна банка Босне и Херцеговине) is the central bank of Bosnia and Herzegovina, located in the capital city, Sarajevo.

The Central Bank of Bosnia and Herzegovina was established in accordance with the Law adopted at the Parliamentary Assembly of Bosnia and Herzegovina on June 20, 1997. It started its operation on August 11, 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. 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 Kemal Kozarić.

The Management of the Central Bank of Bosnia and Herzegovina consists of 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

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

External links

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) (English)

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Bosnia and Herzegovina topics

History	Illyricum Bosnian Kingdom Ottoman Bosnia and Herzegovina Kingdom of Yugoslavia World War II Socialist Federal Republic of Yugoslavia Socialist Republic of Bosnia and Herzegovina Republic of Bosnia and Herzegovina Bosnian War Bosnia and Herzegovina

Geography	Cities Mountains Extreme points Rivers Lakes Climate Protected areas Fauna

Governance	Administrative divisions (Federation of Bosnia and Herzegovina and Republika Srpska) Constitution Government Parliament Politics Presidency Chairman Council of Ministers Chairman Elections Political parties Foreign relations Government Law enforcement LGBT rights Military

Economy	Currency Central Bank Communications Tourism Transport

Society	Bosnians (Bosniaks, Croats, Serbs) Demographics Education Ethnic groups Languages LGBT history Religion

Culture	Architecture Art Cinema Music Cuisine (Ćevapi) Bosnian language Literature Public holidays Radio Television Symbols National Flag Coat of arms Anthem Decorations and medals Name

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Central banks

Global

Global	Bank for International Settlements Basel Committee on Banking Supervision Financial Stability Board

By continent

Africa	Bank of Central African States Central Bank of West African States Bank of Algeria National Bank of Angola Bank of Botswana Bank of the Republic of Burundi Bank of Cape Verde Central Bank of the Comoros Central Bank of the Congo Central Bank of Djibouti Central Bank of Egypt Bank of Eritrea National Bank of Ethiopia Central Bank of The Gambia Bank of Ghana Central Bank of the Republic of Guinea Central Bank of Kenya Central Bank of Lesotho Central Bank of Liberia Central Bank of Libya Central Bank of Madagascar Reserve Bank of Malawi Central Bank of Mauritania Bank of Mauritius Bank Al-Maghrib (Morocco) Bank of Mozambique Bank of Namibia Central Bank of Nigeria National Bank of Rwanda Central Bank of São Tomé and Príncipe Central Bank of Seychelles Bank of Sierra Leone Central Bank of Somalia Bank of Somaliland South African Reserve Bank Bank of South Sudan Central Bank of Sudan Central Bank of Swaziland Bank of Tanzania Central Bank of Tunisia Bank of Uganda Bank of Zambia Reserve Bank of Zimbabwe

Americas	Central Bank of Argentina Central Bank of Aruba Central Bank of The Bahamas Central Bank of Barbados Bermuda Monetary Authority Central Bank of Brazil Bank of Canada Central Bank of Chile Bank of the Republic (Colombia) Central Bank of Cuba Central Bank of Curaçao and Sint Maarten Eastern Caribbean Central Bank Cayman Islands Monetary Authority Central Bank of Ecuador Bank of Guatemala Bank of the Republic of Haiti Central Bank of Honduras Bank of Jamaica Bank of Mexico Central Bank of Nicaragua Central Reserve Bank of Peru Central Bank of Suriname Central Bank of Trinidad and Tobago Federal Reserve System (United States) Central Bank of Uruguay Central Bank of Venezuela

Asia	Da Afghanistan Bank Central Bank of Bahrain Bangladesh Bank Royal Monetary Authority of Bhutan Brunei Currency and Monetary Board Autoriti Monetari Brunei Darussalam National Bank of Cambodia People's Bank of China Hong Kong Monetary Authority Reserve Bank of India Bank Indonesia Central Bank of the Islamic Republic of Iran Central Bank of Iraq Bank of Israel Bank of Japan Central Bank of Jordan National Bank of Kazakhstan National Bank of the Kyrgyz Republic Bank of Korea Central Bank of the Democratic People's Republic of Korea Central Bank of Kuwait Banque du Liban Monetary Authority of Macao Bank Negara Malaysia Maldives Monetary Authority Bank of Mongolia Central Bank of Myanmar Nepal Rastra Bank Central Bank of Oman State Bank of Pakistan Palestine Monetary Authority Bangko Sentral ng Pilipinas Qatar Central Bank Saudi Arabian Monetary Agency Monetary Authority of Singapore Central Bank of Sri Lanka Central Bank of Syria Central Bank of the Republic of China (Taiwan) Bank of Thailand Central Bank of Turkmenistan Central Bank of the United Arab Emirates Central Bank of Uzbekistan State Bank of Vietnam Central Bank of Yemen

Europe	European Central Bank (Eurosystem) National Bank of the Republic of Abkhazia Bank of Albania Central Bank of Armenia National Bank of Austria Central Bank of Azerbaijan National Bank of the Republic of Belarus National Bank of Belgium Central Bank of Bosnia and Herzegovina Bulgarian National Bank Croatian National Bank Central Bank of Cyprus Czech National Bank Danmarks Nationalbank (Denmark) Deutsche Bundesbank (Germany) Bank of England Bank of Estonia Bank of Finland Banque de France National Bank of Georgia Bank of Greece Hungarian National Bank Central Bank of Iceland Central Bank of Ireland Banca d'Italia Central Bank of Kosovo Bank of Latvia Bank of Lithuania Central Bank of Luxembourg National Bank of the Republic of Macedonia Central Bank of Malta National Bank of Moldova Central Bank of Montenegro De Nederlandsche Bank Norges Bank Central Bank of the Turkish Republic of Northern Cyprus National Bank of Poland Banco de Portugal National Bank of Romania Central Bank of Russia National Bank of Serbia National Bank of Slovakia Bank of Slovenia Gosbank (Soviet Union) Bank of Spain Swedish National Bank Swiss National Bank Central Bank of the Republic of Turkey National Bank of Ukraine

Oceania	Reserve Bank of Australia Reserve Bank of Fiji Reserve Bank of New Zealand Bank of Papua New Guinea Central Bank of Samoa Central Bank of Solomon Islands National Reserve Bank of Tonga

Policies and implementation

Policies	Capital requirement Contractionary monetary policy Expansionary monetary policy Basel II Basel III Basel 4

Implementation	Capital control Discount rate Interest rates Money creation Open market operation Sovereign wealth fund

Bretton Woods system

International Monetary Fund World Bank Group International Bank for Reconstruction and Development International Centre for Settlement of Investment Disputes International Development Association International Finance Corporation Multilateral Investment Guarantee Agency

Lists

List of central banks Central banks and currencies of Africa Central banks and currencies of the Caribbean Central banks and currencies of Central America and South America

Names in italics indicate non-sovereign (dependent) territories, former countries, or states with limited recognition

Coordinates: 43°51′32″N 18°25′14″E / 43.8588°N 18.4206°E / 43.8588; 18.4206

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Central Bank of Bosnia and Herzegovina

Governors

See also

External links