Bosnia and Herzegovina: Financial System Stability Assessment, including Reports on the Observance of Standards and Codes on the following topics: Banking Supervision and Corporate Governance
November 17, 2006
Summary
Economic growth in Bosnia and Herzegovina (BiH) has been impressive with GDP. The dominance of foreign-owned bank subsidiaries has transformed the financial sector and altered the risks to financial stability. Reforms should focus on strengthening banking supervision and adapting it to the transformation of the financial system in line with recommendations in the Basel Core Principles (BCP) assessment. Although the insurance sector is too small to be systemically important, the unsettled conditions in the sector could weaken confidence in the financial system.
Subject: Balance of payments, Banking, Capital inflows, Credit, Credit risk, Financial institutions, Financial regulation and supervision, Foreign exchange, Loans, Money
Keywords: bank, bank group, bank subsidiary, BiH, BiH authorities capacity, Capital inflows, CR, Credit, credit growth, Credit risk, Eastern Europe, excess reserves, FX, FX reserve, ISCR, loan, Loans, parent bank ROE projection
Pages:
51
Volume:
2006
DOI:
Issue:
403
Series:
Country Report No. 2006/403
Stock No:
1BIHEA2006003
ISBN:
9781451804928
ISSN:
1934-7685






