The Central Bank of Bosnia and Herzegovina’s Annual Report for 2024 has been adopted by the House of Representatives of the Bosnia and Herzegovina Parliamentary Assembly, summarising the Bank’s work over the year with a focus on preserving monetary stability, strengthening foreign exchange reserves and improving institutional efficiency. Reported results include foreign exchange reserves of BAM 17.6 billion in 2024, up BAM 1.36 billion from 2023, and an increase in monetary gold holdings to 3.5 tonnes, the highest level since the Bank’s establishment. The currency board coverage ratio rose to 108.38%, alongside continued preservation of domestic currency and financial system stability. The report also notes ongoing payment system improvements and preparation for alignment with Single Euro Payments Area standards, investments to increase transparency and access to macroeconomic and financial data, and initiatives on digital transformation, financial education and international cooperation.
Central Bank of Bosnia and Herzegovina 2025-04-16
Central Bank of Bosnia and Herzegovina 2024 annual report adopted by Parliament as foreign exchange reserves reach BAM 17.6 billion
The Central Bank of Bosnia and Herzegovina's 2024 Annual Report, adopted by the House of Representatives, highlights efforts in monetary stability, foreign exchange reserves, and institutional efficiency. Foreign exchange reserves reached BAM 17.6 billion, with monetary gold holdings at 3.5 tonnes, and a currency board coverage ratio of 108.38%. The report details improvements in payment systems, transparency, digital transformation, and financial education.