SINGAPORE â Bank branches in Myanmar are closed and government workers boycott work. Factory workers fled to their rural homes, and foreign companies sent their workers overseas by air. The Internet is largely cut off. More than two months since the military seized power in a coup and unleashed a …
Read More »Why central banks are now taking digital currency seriously – BRINK – Global risk news and insights
A person uses their phone as they walk past ATMs for Bitcoin digital currency in Hong Kong. Today there are 150 alternative currencies. Photo: Anthony Wallace / AFP via Getty Images The surge in the price of Bitcoin has raised the question of whether countries should implement their own digital …
Read More »Bosnian SASE stock indices end mixed in trading week ended April 2, main ESBL index on the rise
SARAJEVO (Bosnia and Herzegovina), April 2 (SeeNews) – The stock indexes of the Bosnian Sarajevo Stock Exchange (SASE) closed on Friday in a mixed manner, relative to their values ââa week earlier, as the benchmark index of the other stock exchange in the country, in Banja Luka, closed above, the …
Read More »bne IntelliNews – Bosnia’s current account deficit fell to an all-time high in 2020
The Central Bank of Bosnia and Herzegovina released the balance of payments statistics for the fourth quarter and fiscal year 2020, which resulted in a substantial downward revision, mainly of the components of the current account (AC), thus reducing the deficit of CA at the lowest level as a percentage …
Read More »Bosnian SASE stock indices rise in trading week ended March 26, main ESBL index falling
SARAJEVO (Bosnia and Herzegovina), March 26 (SeeNews) – The stock indexes of the Sarajevo Stock Exchange of Bosnia (SASE) closed higher on Friday against their values ââa week earlier, while the benchmark index of the Another stock exchange in the country, in Banja Luka, closed lower, stock exchange data showed. …
Read More »Bosnian Federation to allocate 4.6 million euros to three airports to improve operations
SARAJEVO (Bosnia and Herzegovina), March 26 (SeeNews) – The government of the Federation of Bosnia has announced that it will allocate a total of 9 million marka ($ 5.4 million / ⬠4.6 million) to three international airports in the entity’s territory in order to improve their performance. The operator …
Read More »EIB lends € 40 million for Sarajevo public transport project
SARAJEVO (Bosnia and Herzegovina), March 25 (SeeNews) – The European Investment Bank (EIB) has announced that it is granting a 40 million euros ($ 47 million) loan to Bosnia to finance a reconstruction of the urban transport network of the capital Sarajevo. The project involves the modernization and extension of …
Read More »James Stewart leaves Raiffeisen Bank Romania after 21 years to lead the Austrian group’s division in Bosnia
James stewart, Vice-President of Banque Raiffeisen in charge of Treasury and Capital Markets, will leave the bank after 21 years. He will take over as interim CEO of Raiffeisen Bank Bosnia and Herzegovina. James Stewart arrived in Romania in 2000 and took part in the takeover and restructuring of the …
Read More »Balkan states under pressure to prosecute terrorist funders
“Due to its geographical location and the non-transparent origin of capital in various investment projects, the risk of terrorist financing in Serbia remains quite high,” Miroslava Milenovic, an expert in financial forensics, told BIRN. The Financial Action Task Force removed Serbia from its gray list in June 2019, but according …
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