Central Bank of Bosnia and Herzegovina: Best Central Bank Governance CEE 2017

Operating a currency board arrangement that pegs the Bosnia and Herzegovina convertible mark to the euro, the country’s central bank has been instrumental in keeping inflation under tight control whilst setting the wider stage for sustainable economic growth and development.

The Central Bank of Bosnia and Herzegovina (CBBH) maintains a presence throughout the entire country with its organizational Main units in Sarajevo, Banja Luka and Mostar, and Branch offices in Brčko and Pale.

Established in 1997 in accordance with the terms of the Dayton Peace Accord, the CBBH now celebrates its twentieth anniversary. The bank has managed to unify the country monetarily, replacing four different currencies with a single new one.

Acting as an independent entity has allowed CBBH to adhere to a strict currency board regime, ensuring monetary stability by maintaining full coverage in freely convertible currency assets. The bank is also charged with the maintenance of payment and settlement frameworks.

Recognised for its solid governance structure – which reflects the demographic make-up of the country – CBBH has adopted all relevant EU accounting and reporting standards, in the process becoming a valued partner to other central banks in the region.

The CFI.co judging panel commends CBBH on its achievements and recognises the contribution of the bank to the country’s enduring stability. The judges are pleased to offer the Central Bank of Bosnia and Herzegovina the 2017 Best Central Bank Governance CEE Award.

marten

Recent Posts

Dubai World Trade Centre: Champion of Global Business and Trade Ecosystems EMEA 2025

For over four decades, Dubai World Trade Centre (DWTC) has been a cornerstone of Dubai’s…

5 days ago

Krungthai Bank PCL: Best Social Impact Bank Thailand 2025

Krungthai Bank PCL plays a pivotal role in driving sustainable economic and social development in…

2 weeks ago

Région Île-de-France: Best Green Bond Thought Leadership Team Global 2025 & Best in Class Bond Issuer Global 2025

Région Île-de-France demonstrates a steadfast commitment to sustainable finance, playing a pioneering and influential role…

1 month ago

Spectrum Asset Management: Excellence in Preferred Securities Portfolio Management Global 2025

Spectrum Asset Management is a leading institutional manager specialising in preferred and capital securities, with…

1 month ago

Moody’s Ratings: Best Credit Risk Analysis LATAM 2025

Moody’s Ratings is a globally recognised leader in credit ratings, research and risk analysis, with…

1 month ago

La Trobe Financial: Best Investment Management Team Australia 2025

La Trobe Financial has cemented its reputation as Australia’s premier alternative asset manager, demonstrating a…

2 months ago