The Meeting on Fulfillment of Vienna Initiative Commitments Held in the CBBH

11/12/2009

Today, on November 12, 2009, the representatives of the CBBH, the International Monetary Fund (IMF), entities' banking agencies and BH commercial banks, being the Vienna Initiative signatories, held a meeting in the Central Bank of Bosnia and Herzegovina (CBBH) and they discussed the fulfillment of the Vienna Initiative commitments.

At the meeting, they agreed that monitoring on commitments taken over by signing of the Vienna Initiative would be carried out through the stress tests and the follow-up on the exposure level in terms of financing and capital. They also agreed on more intensive exchange of information.

These activities with banks, signatories of the Vienna Initiative, will be conducted by the CBBH, in cooperation with the entities' banking agencies and with the IMF support, with the aim of monitoring and maintaining the financial stability in BH.

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