Citizens Deposits by the end of September 2016

According to the Central Bank of Bosnia and Herzegovina (CBBH) data, the total household deposits in commercial banks in Bosnia and Herzegovina, at the end of September 2016, amounted to BAM 10.25 billion, which has been the highest amount of deposits recorded so far. The household deposits have, by far, the largest share, being 59.6%, in the total deposits with commercial banks in BH.

Compared to the end of September 2015, household deposits increased by KM 633.5 million or 6.6%. When comparing this household deposits balance with the balance as of the end of December 2008, i.e. since the beginning of the global crisis, we can see a constant annual increase ranging from 8 - 15%, which resulted in a cumulative increase in deposits of KM 5.05 billion or 97%. This is an indication of the established confidence in the banking sector and its stability, and it is the result of the existence of insured deposits scheme, providing the adequate protection of depositors.

However, observed by maturity types of deposits, there are significant differences in the pace of growth. The fastest growth is in transaction accounts, which, when comparing the balance at the end of September 2015 increased by 16.3%, or KM 329 million, followed by demand deposits with the growth of 13.7%, or KM 300 million. Term and savings deposits grow at a slower pace and on an annual basis they have had an increase of about 0.1%, i.e. KM 4.8 million.

Term and savings deposits in September 2016, amounted to KM 5.41 billion, which represents 52.8% of total household deposits, whereas transaction accounts and demand deposits make for KM 4.84 billion or 47.2%.

In terms of currency structure, household deposits in KM currency amounts to KM 4.47 billion or 43.6% of the share, deposits in euro currency amount to KM 5.25 billion or 51.1%, while deposits in other currencies to KM 539 million, or 5, 3%.

On the occasion of the International Savings' Day, pupils of a primary school from Sarajevo, and secondary schools from Bijeljina, Posušje and Gradačac visited the Central Bank of Bosnia and Herzegovina.