Day: 18 November 2020

What’s the use of BAM for Bosnia and Herzegovina: Is it better to switch to the euro or still have a “pegged” currency?

SARAJEVO, While neighboring Croatia plans to become part of the eurozone in 2024, and Montenegro has long since adopted the common European currency, a logical question is whether the BiH commitment to its own currency remains justified. Vjekoslav Domljan, a distinguished professor, does not doubt that the BAM is a noose around the neck of …

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“Green light” for the conversion of loans in Swiss francs to BAM

SARAJEVO, The Commission for Finance and Budget of the House of Peoples of the Parliamentary Assembly of BiH today supported the Bill on the conversion of loans in Swiss francs into BAM, which was sent to the parliamentary procedure by the Croatian delegate Mario Karamatić. Explaining the bill, which stipulates that all loan agreements in …

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The Federation of BiH limits interbank transaction fees

SARAJEVO – With the aim of improving the transparency and comparability of fees of payment service providers, establishing the Register of Accounts of Natural Persons, as well as introducing the institute of basic account, The Government of the Federation of BiH has determined and sent to the Parliament of the FBiH for adoption the Proposal …

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