INCREASE IN THE AMOUNT OF INSURED DEPOSIT IN BANKS IN BOSNIA AND HERZEGOVINA
The Management Board of the Deposit Insurance Agency of Bosnia and Herzegovina, at the session held on October 6, 2022, in Sarajevo, adopted a Decision on increasing the amount of insured deposits in banks in Bosnia and Herzegovina from the current BAM 50,000.00 to BAM 70,000.00, being effective as of November 1st 2022.
With this decision, the Deposit Insurance Agency of Bosnia and Herzegovina continues to contribute to strengthening confidence in the banking system and overall financial stability in the country. At the same time, by increasing the amount of insured deposits, Bosnia and Herzegovina continues to approach European Union standards in the field of deposit protection.
At the aforementioned meeting, the Management Board also decided that the premium rate for banks for the year 2023 will remain same as in 2022, i.e., it remains at 0.26% on an annual basis.