Governor of the Central Bank of Bosnia and Herzegovina, Senad Softic, participated in the 10th Jubilee Meeting of Governors of Regional Central Banks, which was held on May 5-6, 2022 in Rovinj.
The topics of this year’s meeting are inflation and monetary policy, uncertainty and the financial sector in the context of Russia’s presence in the banking sector, as well as economic recovery in light of the conflict in Ukraine. and sanctions against Russia.
On this occasion, the importance of financial stability for the Region, but also for each country, was again underlined. This is best illustrated by the selection as keynote speaker Mr. Klaus Regling, director of the European Stability Mechanism, the eurozone’s apex institution, responsible for maintaining long-term financial stability and prosperity.
Governor Softic stressed that the currency board in BiH is crucial for overall financial, economic and even social stability. Cooperation with responsible institutions has shown that problems, when they arise, can be resolved through good inter-institutional cooperation.
In addition to the Governor of the Central Bank of Bosnia and Herzegovina, the region’s governors’ meeting brought together the governors of the central/national banks of Croatia, Slovenia, North Macedonia and Montenegro.
These meetings are traditionally held each year within the framework of the business weekly “Leader”, with the aim of improving cooperation between the financial institutions of the Region and exchanging experiences in the fight and mitigation consequences of the financial and economic crises.