OHR's Statement at the International Agencies’ Joint Press Conference in Banja Luka

Steps to Increase Depositors’ Security & Create Jobs

The Principal Deputy High Representative, Larry Butler, will have a meeting with representatives of the BiH Bankers’ Association this afternoon, at the OHR inSarajevo.

Among the topics under discussion will be the need to create a single banking supervision system that will further protect depositors in BiH. Such a system, by increasing banking security and maintaining the buoyancy of lending, will help to encourage investment and create jobs.

If both Entity parliaments enact the necessary agreements in the coming weeks, a modern European-standard banking supervision system, under the aegis of the Central Bank rather than separate Entity Banking Agencies, can be established before the October elections.