20 Years of the CBBH Succesfull Work – 20 Years of Stability 8/8/2017 Tweet August 8, 2017 On 11th August, 2017, the Central Bank of Bosnia and Herzegovina (CBBH) shall accomplished twenty years of beginning of its operations, during which, through its independent and professional activities, it has established and maintained monetary stability, as one of the key factors of macroeconomic stability. In addition to the consistent implementation of the Currency Board arrangement, the CBBH has developed itself, in order to contribute, within its competencies, to the stability of the financial system and to support the economic development of the country, and the fulfillment of taken over international obligations of Bosnia and Herzegovina. The key reform processes in the first years of its establishment implied the introduction of a single currency on the territory of unified economic area, and the reform of non-cash payment transactions, and its transfer to commercial banks, along with the settlement system in the CBBH. Successfully implemented reforms have provided, among other things, the prerequisites for launching the other processes, such as banking sector reform, thanks to which BH citizens have available financial services at the level of developed western economies. The CBBH is recognized by relevant national and international institutions as a high credibility institution, which continuously coordinates its operations with the best world practices, given the EU aspiration of the country. As a part of marking the upcoming Anniversary, the CBBH will organize a number of accompanying events, out of which we highlight: • The exhibition entitled “Trail of Money”, which will be opened on 11th August, 2017 at 11h00 in the National Museum of Bosnia and Herzegovina, with the promotion of the jubilee coin. After the ceremonial opening, the exhibition will be opened to all interested from 12th August to 22nd September 2017 (the exhibition opening shall accommodate the media representatives, too); • International Conference “20 Years of Stability” on 22nd September, 2017 which will bring together representatives of the government, governors and other representatives of central banks, as well as policy makers and experts of the EU and international financial institutions (with the presence of media representatives); • Promotion of the CBBH Monograph, published on the occasion of the twentieth Anniversary of the CBBH; • Marking of the Savings Day, on 31st October; 2017. The CBBH will timely send media announcements with detailed information on all events which shall be opened for media representatives.
