Decision of the CBBH Governing Board On Reducing of the Required Reserves Rate 1/4/2011 Tweet The Governing Board of the Central Bank of Bosnia and Herzegovina (CBBH) made the decision to reduce the required reserves rate on deposits, included in the base for calculation of required reserves and with the maturity up to one year, from 14% to 10%.Required reserves rate on term deposits for the period longer than one year remains 7%.By this decision, the additional liquid funds for commercial banks should amount to around KM 300 million, which should have indirect effect on the liquidity of real sector.The Decision eneters in force by day of its publishment in Official Gazette of BH and shall be implemented from February 1, 2011.Public Relations Section
