BankHeadOffice.com         Bank Head Office Worldwide   ♦ Loan Calculators ♦ Mortgage Guides ♦ Banking FAQs ♦ Banking Institutions ♦ Central Banks Worldwide       Home  »  Central Banks Worldwide  »  Central Bank of Bosnia and Herzegovina Central Bank of Bosnia and Herzegovina The Central Bank of Bosnia and Herzegovina (Bosnian: Centralna Banka Bosne i Hercegovine) is the central bank of Bosnia and Herzegovina, located in the capital city, Sarajevo.   The Central Bank of Bosnia and Herzegovina was established in accordance with the law adopted at the Parliamentary Assembly of Bosnia and Herzegovina on June 20, 1997. It started operation on August 11, 1997. The Central Bank has the Head Office, three Main Units and two Branches. The Head Office of the Central Bank of Bosnia and Herzegovina is in Sarajevo. The Main Units are the Main Unit Sarajevo, the Main Bank of Republika Srpska Banja Luka and Main Unit Mostar. The Branches are the Branch of the Central Bank in Brčko and the Branch of the Main Bank of RS in Pale. The main goals and tasks of the Central Bank are defined by the Law and in accordance with the General Peace Agreement in Bosnia and Herzegovina. Central Bank of Bosnia and Herzegovina maintains monetary stability by issuing domestic currency according to the Currency Board arrangement (1 KM: 0,51129 EURO) with full coverage in freely convertible foreign exchange funds under fixed exchange rate 1 KM: 0,51129 EURO. Central Bank defines and controls the implementation of monetary policy of Bosnia and Herzegovina. Central Bank supports and maintains appropriate payment and settlement systems. It also co-ordinates the activities of the BH Entity Banking Agencies which are in charge of bank licensing and supervision.   Central Bank of Bosnia & Herzegovina HQ Address: 25 Maršala Tita Street 71 000, Sarajevo Bosnia and Herzegovina Telephone: +387 (33) 278 123 Facsimile: +387 (33) 278 296 Website: www.cbbh.ba Currency: BH convertible mark       The senior body of the Central Bank of Bosnia and Herzegovina is the Governing Board, which is in charge of establishing and supervision of monetary policy, organization and strategies of the Central Bank, all according to the powers given to the Board by the Law. The Management of the Central Bank consists of Governor and three Vice Governors, appointed by the Governor with the approval of the Governing Board. The task of the Management is the operative management of the Central Bank business. Each Vice Governor is directly responsible for the operations of one sector of the Central Bank. DISCLAIMER The content comes from Internet, reasonable efforts are made to maintain accuracy of information published. However, information could contain errors or inaccuracies and is presented without warranty and statutory means. No liability is assumed for errors or omissions. Viewers are advised to consult their banker or financial consultant for complete information and their professional advise. All trademarks, logos, brand names and copyrights are the property of their respective owners. © 2011 - 2022 BankHeadOffice.com ® All Rights Reserved