The Central Bank of Bosnia and Herzegovina published a readout of Governor Jasmina Selimovic’s meeting with Germany’s newly appointed ambassador, Alfred Grannas, covering updated macroeconomic projections, monetary stability under the currency board, and priorities linked to Bosnia and Herzegovina’s integration with the European market, including joining the Single Euro Payments Area. Selimovic emphasised a stable economic outlook anchored in preserving monetary stability and maintaining a credible currency board policy, while Grannas expressed support for reforms aimed at improving the economic environment and strengthening institutions. The discussion highlighted SEPA membership as a key initiative to improve payment transactions and further connect the domestic financial sector with the European market. The parties also noted strong bilateral economic ties, citing German foreign direct investment of KM 255 million in 2024 and KM 174 million in the first half of 2025, and pointed to ongoing cooperation between the Central Bank of Bosnia and Herzegovina and the Deutsche Bundesbank through professional support programmes, training and knowledge exchange. They agreed to continue close cooperation, focusing on financial stability, modernisation of payment systems and support for Bosnia and Herzegovina’s European integration path.
Central Bank of Bosnia and Herzegovina 2025-11-14
Central Bank of Bosnia and Herzegovina and new German ambassador reaffirm cooperation on SEPA accession and payment system modernisation
The Central Bank of Bosnia and Herzegovina reported on Governor Jasmina Selimovic’s meeting with Germany’s ambassador, Alfred Grannas, discussing macroeconomic projections, monetary stability, and Bosnia and Herzegovina’s integration with the European market. Key topics included SEPA membership, German foreign direct investment, and cooperation with the Deutsche Bundesbank. Both parties agreed to focus on financial stability, payment system modernization, and support for European integration.