The Central Bank of BiH acted as a banking and fiscal agent

For 20 years, the Central Bank of Bosnia and Herzegovina (CBBH) has been successfully performing banking and fiscal agent activities and servicing our country’s external debt. The successful execution of agent functions involves a high level of responsibility in the execution of the orders of the Ministry of Finance and Treasury of Bosnia and Herzegovina, as well as the continuous development and improvement of the systems of cooperation and communication with the ministries concerned.

The Law on the Central Bank of Bosnia and Herzegovina defines that the CBBH operates as a banker and fiscal agent of Bosnia and Herzegovina. On the basis of the legal mandate, the CBBH carries out transactions ordered by the Ministry of Finance and Treasury of Bosnia and Herzegovina related to the service of the external debt of Bosnia and Herzegovina and acts as fiscal agent for the accession of Bosnia and Herzegovina to international financial institutions.

All operations, tasks, competences and mutual relations of the CBBH and the Ministry of Finance and Treasury of Bosnia and Herzegovina, in accordance with legal provisions, are defined by the external debt service contract and the agent agreement. state banking and tax. of Bosnia and Herzegovina, which were first concluded on 6 July 2001, while the last version was concluded in 2013.

In accordance with the provisions of the existing agreements, the Central Bank of Bosnia and Herzegovina, during twenty years of work as a banker and fiscal agent, successfully fulfilled all legal obligations and timely provided the necessary amounts in foreign currency to pay debts due, and timely and accurately make payments on the basis of orders and instructions from the Ministry of Finance and Treasury of BiH, duly reporting to the relevant ministry on all activities carried out.

Representative, exact, precise and opportune are the postulates on which our activity on behalf of the State is based. Constant efforts to achieve excellence are the only appropriate response to the trust placed in us, is specified in the press release.

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