NOTIFICATION FOR DEPOSITORS OF BOBAR BANKA A.D. BIJELJINA – IN BANKRUPTCY ABOUT EXPIRATION OF THE DEADLINE FOR SUBMITTING CLAIMS FOR REIMBURSEMENT OF INSURED DEPOSITS BY THE DEPOSIT INSURANCE AGENCY OF BOSNIA AND HERZEGOVINA

The depositors of Bobar banka a.d. Bijeljina – in bankruptcy are herewith informed that after the Banking Agency of Republika Srpska revoked operating license from the Bank on 23rd December 2014, the Deposit Insurance Agency of Bosnia and Herzegovina has reimbursed insured deposits for most of the depositors whose deposits were covered.

Provision of Article 12.3 of the Law on Deposit Insurance in the Banks of Bosnia and Herzegovina stipulates that claims for payment of insured deposits shall be received within 5 years from the date of revocation of the Member Bank’s operating license, which means that such claims will not be accepted from 24th December 2019.

Therefore, depositors whose insured deposits up to BAM 50,000 are still not reimbursed are invited to submit their claims by December 23rd, 2019.

The payment is made through the Agent Bank – UniCredit Bank a.d. Banja Luka at the locations of its branches.

As you have already been informed, in order to pay out insured deposit effectively, you need to have proof of ownership (savings book, Contract on insurance, a-vista or other bank account card, etc.), as well as an identification document (ID, passport). The application for payment of the insured deposit as well as the statement on subrogation – transfer of receivables will be submitted to you at the counters of the Agent Bank.

If you have authorized a person to dispose of a deposit, you need to make a new power of attorney stating that it relates to the disposal of an insured deposit with UniCredit Bank a.d. Banja Luka.

Payment will be made at the depositor’s choice in cash, by transferring funds to the Agent Bank or other bank account.
Payment to legal entities will be made by transferring funds to a transaction account which the legal entity indicates in the claim Request.

After 23 December 2019, the right of depositors whose deposits were insured up to BAM 50,000 to claim them from the Deposit Insurance Agency of Bosnia and Herzegovina will cease and will be settled in the same manner as depositors whose deposits exceeded BAM 50,000 in bankruptcy proceedings over Bobar banka a.d. Bijeljina, if they are credited with the claims in these proceedings.

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Banja Luka, 31 October 2019

GUIDE TO DEPOSIT INSURANCE

DEPOSITOR INFORMATION SHEET

GUIDE TO DEPOSIT INSURANCE

DEPOSITOR INFORMATION SHEET

Head office Banja Luka

Address: Vase Pelagića 11a,
78 000 Banja Luka
Bosna i Hercegovina
Phone: +387 (0)51 223 440
Fax: +387 (0)51 223 452
Mail: aod@bih.net.ba

Branch office Banja Luka

Address: Vase Pelagića 11a,
78 000 Banja Luka
Bosna i Hercegovina
Phone: +387 (0)51 223 440
Fax: +387 (0)51 223 452
Mail: aod@bih.net.ba

Branch office Sarajevo

Address: Jadranska bb,
71 000 Sarajevo
Bosna i Hercegovina
Phone: +387 (0)33 568 720
Fax: +387 (0)33 568 721
Mail: aod@bih.net.ba

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Head office Banja Luka

Address: Vase Pelagića 11a,
78 000 Banja Luka
Bosna i Hercegovina
Phone: +387 (0)51 223 440
Fax: +387 (0)51 223 452
Mail: aod@bih.net.ba

Branch office Banja Luka

Address: Vase Pelagića 11a,
78 000 Banja Luka
Bosna i Hercegovina
Phone: +387 (0)51 223 440
Fax: +387 (0)51 223 452
Mail: aod@bih.net.ba

Branch office Sarajevo

Address: Jadranska bb,
71 000 Sarajevo
Bosna i Hercegovina
Phone: +387 (0)33 568 720
Fax: +387 (0)33 568 721
Mail: aod@bih.net.ba