The CBBH Decreased the Required Reserves Rate to 14%

Today, on October 14, 2008, the Governing Board of the Central Bank of Bosnia and Herzegovina (CBBH) made a decision to reduce the reserve requirements rate from 18% to 14%, the one which the commercial banks in Bosnia and Herzegovina hold with the CBBH.

Although the liquidity of commercial banks in Bosnia and Herzegovina is not jeopardised, decision on the decrease of the required reserves by 4% to the banks will provide the additional liquidity in the amount of KM 727 million.

This Decision enters in force immediately and commercial banks will receive the Instructions on the way of required reserves calculation in accordance to this Decision.

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