Dnevni list: The banking system of BiH, is not directly exposed to the global economic crisis, so there is no reason for panic and concern of the citizens, has been confirmed yesterday by the presiding of the Council of the Ministers of BiH, Nikola Špirić, after the meeting on economic crisis in he world and possible consequences for our country. He says that there is no need to call the current situation a crisis, because the indirect measures which the global crisis brings with itself, in the smallest measure will be related to BiH, but there is a readiness to respond to the measures by which the institutions of BiH avail.

Deposit on 15.000 KM

The measures which have earlier been adopted by the Management Board of the Central Bank of BiH have been supported. They are related to reduction of the rate of obligatory reserves from 18 to 14% and that way frees up 722 million KM for placements.

This, according to Špirić, means that dynamics of crediting economy subjects and credit arrangements in BiH, will be preserved. “The agreement has been achieved around demands to raise the insured deposits from 7.500 KM to 15.000 KM. The proposal to go to the change of the Law, has also been accepted”, Špirić has said. He suggested to the banks not to raise the interest rates on credits, so the citizens could not lose the trust in them. He pointed out that the economists in the banks do not have a reason to withdraw their deposits, because that could cause the opposite effect.

Investment plans

The Federal Prime Minister, Nedžad Branković has also spoken to the journalists and repeated that at this meeting it has been talked about investment plans as well. Besides Špirić and Branković, at the meeting were also present the Prime Minister of the RS, Milorad Dodik, and the Minister for Finance of BiH, Dragan Vrankić, ministers of finances of the FBiH and the RS, Vjekoslav Bevanda and Aleksandar Džombić, governor of the CBBiH, Kemal Kozarić, director of the Agency for Insurance of Deposits of BiH, Josip Nevjestić and directors of the Agencies for banking, Slavica Injac and Zlatko Barš.