CBBH: The Confidence Between Clients And Banks Should Be Mutual

According to the Central Bank of Bosnia and Herzegovina data, the total deposits of domestic institutional sectors in the commercial banks amounted to KM 11.97 billion at the end of September, 2009.

Out of these, deposits of BH households amount to KM 5.41 billion or 45.23% of total deposits and they decreased by around KM 402 million compared to the same month of the last year. However, if compared to the end of 2008, households deposits increased by around KM 209 million, which confirms ongoing process of deposits return in banks, especially of time deposits and savings deposits.

Out of total amount of the households deposits, demand deposits make for KM 2.04 billion or 37.7%, while time deposits and savings deposits amount to KM 3.37 billion or 62.3%. As for the currency structure, around KM 1.7 billion or 31.4% are local currency deposits and KM 3.71 billion or 68.6% are in foreign currency deposits.

The CBBH Governor Kemal Kozarić Ph.D. considers that citizens, in spite of unfavorable atmosphere, have shown their confidence into the commercial banks and banking sector in general during this year, too.

«After the period of accelerated withdrawal, now we are witnesses of deposits return trends into commercial banks. The confidence between clients and commercial banks should be mutual and commercial banks should return the confidence through stronger credit activities of the economy and citizens», Governor Kozarić stated on occasion of October 31, which is being marked as the World Savings Day.

Public Relations Section