The CBBH Reminds That the New Reserve Requirement Regulations Took Effect 6/2/2003 Tweet The Central Bank of Bosnia and Herzegovina (CBBH) reminds that the New Reserve Requirement Regulations took effect from June 1, 2003. According to these new rules, the reserve base is now extended to include the foreign deposits currencies, not only the KM deposits as it has been the case so far. KM cash that banks hold in vaults is no longer being used as an eligible asset for meeting a bank reserve requirement. The Governing Board of the CBBH has recently decided that the reserve ratio would be five percent. Also the CBBH will pay banks a compensation on their total reserve deposits at the CBBH. The new Reserve Requirement Regulations required the amendments to the Article 36 of the Law on the CBBH which were accepted by the BH Presidency and both Houses of the State Parliament. Public Relations Section
