Peter Nicholl at the Regional Finance and Investment Conference for Southeast Europe

The establishment of the debt capital market is the next logical step in the development of the financial sector in BH, said Governor of the Central Bank of BH (CBBH) Peter Nicholl at the Regional Finance and Investment Conference for Southeast Europe, which was held on October 29 in Cavtat, Croatia.
During the meeting that was attended by more than 200 representatives of government ministries, commercial banks and investment firms, Governor Nicholl said that the banking sector in BH had improved significantly over the last two years, and he expected debt capital market to start operating in BH next year.
He explained the steps that were underway or would occur in the near future, for example, a law to permit and regulate the issue of debt securities was presently being drafted and the CBBH would seek an amendment to its Law to allow them to issue short-term debt securities.
Organizer of the conference was the "Euromoney" Magazine, and the participants of the 'Debt Capital Market Roundtable' were, besides the CBBH Governor, representatives from Croatia, Hungary, Romania and Serbia.