Report

Bosnia and Herzegovina Financial Sector Assessment

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collection.link.72
https://openknowledge.worldbank.org/handle/10986/2180
collection.name.72
Financial Sector Assessment Program
dc.contributor.author
World Bank
dc.contributor.author
International Monetary Fund
dc.date.accessioned
2015-07-20T21:15:29Z
dc.date.available
2015-07-20T21:15:29Z
dc.date.issued
2015-06
dc.date.lastModified
2021-04-23T14:04:08Z
dc.description.abstract
Bosnia and Herzegovina (BiH) is still dealing with the aftershocks of the global financial crisis that have weakened financial sector asset quality and profitability. System-wide solvency and liquidity indicators appear broadly sound, but significant pockets of vulnerability exist among domestically-owned banks. Banking and insurance oversight have improved since the 2006 financial sector assessment program (FSAP), but a number of important shortcomings in some segments remain. Decisive and immediate actions to deal with weak banks are critical for preserving financial stability. The legal framework governing creditor and debtor relationships is comprehensive, however neither debt resolution, businesses reorganization, nor bankruptcy liquidation work effectively. The financial reporting framework has improved recently and is substantially aligned with the acquis communautaire and harmonized between the two entities. Governance processes of state-owned banks reveal a number of concerns. There is a need to further strengthen the supervisory board selection process and internal audit functions of state banks. The Development Bank of the Federation of BiH is only partially supervised by the Banking Agency of the Federation of BiH (FBA). Specific strategies and exit plans for the Republika Srpska (RS) government’s support of the financial sector are undefined.
en
dc.identifier
http://documents.worldbank.org/curated/en/2015/07/24782201/bosnia-herzegovina-financial-sector-assessment
dc.identifier.uri
http://hdl.handle.net/10986/22260
dc.language
English
dc.language.iso
en_US
dc.publisher
Washington, DC
dc.rights
CC BY 3.0 IGO
dc.rights.holder
World Bank
dc.rights.uri
http://creativecommons.org/licenses/by/3.0/igo/
dc.subject
CONSOLIDATED SUPERVISION
dc.subject
INTERNATIONAL ACCOUNTING STANDARDS
dc.subject
EXTERNAL AUDITORS
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CAPITAL MARKETS
dc.subject
FINANCIAL SERVICES
dc.subject
REGULATORY FRAMEWORK
dc.subject
HOLDING COMPANIES
dc.subject
INTEREST INCOME
dc.subject
ACCOUNTING
dc.subject
DEPOSITS
dc.subject
COLLECTION AGENCIES
dc.subject
SMALL BANKS
dc.subject
LIQUIDATION
dc.subject
CREDIT APPROVAL
dc.subject
RETURN ON EQUITY
dc.subject
BANKING INDUSTRY
dc.subject
INTEREST
dc.subject
FACTORING
dc.subject
LAWS
dc.subject
GUARANTEES
dc.subject
PRIVATIZATION
dc.subject
INDUSTRY
dc.subject
BANKING SYSTEM
dc.subject
STRATEGIES
dc.subject
CURRENT EXPENDITURES
dc.subject
RESERVE REQUIREMENTS
dc.subject
SERVICES
dc.subject
ACCOUNTING FRAMEWORK
dc.subject
HOUSING
dc.subject
CREDIT RISK MANAGEMENT
dc.subject
CAPITAL ADEQUACY
dc.subject
REORGANIZATION
dc.subject
LOAN CLASSIFICATION
dc.subject
ASSET MANAGEMENT
dc.subject
SAVING
dc.subject
CENTRAL BANKS
dc.subject
BANKRUPTCY
dc.subject
LEVEL PLAYING FIELD
dc.subject
AUDITS
dc.subject
STATE BANKS
dc.subject
EQUITY CAPITAL
dc.subject
SETTLEMENT SYSTEMS
dc.subject
MORAL HAZARD
dc.subject
PRIVATE BANKS
dc.subject
TRANSFERS
dc.subject
CRITERIA
dc.subject
FINANCIAL INSTITUTIONS
dc.subject
DEBT
dc.subject
MARKETS
dc.subject
BANK RESTRUCTURING
dc.subject
CAPITAL REQUIREMENTS
dc.subject
LEGISLATION
dc.subject
DEPOSIT INSURANCE
dc.subject
DEPOSIT INSURANCE COVERAGE
dc.subject
LABOR
dc.subject
LOANS
dc.subject
ENTERPRISES
dc.subject
STATE BANKING
dc.subject
ENFORCEMENT POWERS
dc.subject
RESERVE REQUIREMENT
dc.subject
LEGAL FRAMEWORK
dc.subject
FINANCE
dc.subject
INFRASTRUCTURE
dc.subject
TAXES
dc.subject
BANKING SECTOR
dc.subject
BANKS
dc.subject
SUPERVISORY AUTHORITIES
dc.subject
EMERGING MARKETS
dc.subject
EQUITY
dc.subject
INSURED DEPOSITS
dc.subject
ACCOUNTABILITY
dc.subject
CAPITAL
dc.subject
WAGES
dc.subject
AUDITORS
dc.subject
FINANCIAL STABILITY
dc.subject
SUBSIDIARIES
dc.subject
LOAN LOSS PROVISIONS
dc.subject
VALUE
dc.subject
TAX LAWS
dc.subject
PENSIONS
dc.subject
DEVELOPMENT BANKS
dc.subject
BANK
dc.subject
EUROPEAN CENTRAL BANK
dc.subject
CREDIT
dc.subject
LENDER OF LAST RESORT
dc.subject
BANKING LAWS
dc.subject
WORKING CAPITAL
dc.subject
CENTRAL BANK OF BOSNIA AND HERZEGOVINA
dc.subject
FINANCIAL PERFORMANCE
dc.subject
INTERNAL CONTROLS
dc.subject
MANDATES
dc.subject
SUBORDINATED DEBT
dc.subject
MARKET DISCIPLINE
dc.subject
FOREIGN BANKS
dc.subject
REGULATORY FORBEARANCE
dc.subject
SUPERVISORY AGENCIES
dc.subject
FOREIGN EXCHANGE
dc.subject
ASSET MANAGEMENT COMPANIES
dc.subject
TIER 1 CAPITAL
dc.subject
MARKET VALUE
dc.subject
CONSOLIDATED FINANCIAL STATEMENTS
dc.subject
VOUCHER PRIVATIZATION
dc.subject
PROFITABILITY
dc.subject
CREDIT RISK
dc.subject
GOVERNANCE
dc.subject
INSURANCE
dc.subject
INSURANCE PREMIUMS
dc.subject
TAXATION
dc.subject
MICROFINANCE
dc.subject
PRUDENTIAL REQUIREMENTS
dc.subject
ACCOUNTING STANDARDS
dc.subject
RISK
dc.subject
LEGAL PROTECTION
dc.subject
COMMERCIAL BANKS
dc.subject
DEBT RESTRUCTURING
dc.subject
MINISTRIES OF FINANCE
dc.subject
CAPITAL REQUIREMENT
dc.subject
RISK MEASUREMENT
dc.subject
BANKING
dc.subject
BANK MERGERS
dc.subject
RISK MANAGEMENT
dc.subject
LENDING
dc.subject
LIQUIDITY RATIO
dc.subject
BANKING SUPERVISION
dc.subject
PROBLEM BANKS
dc.subject
BANKING LAW
dc.subject
KEY PERFORMANCE INDICATORS
dc.subject
GOVERNMENTS
dc.subject
PAYMENT SYSTEMS
dc.subject
LIQUID ASSETS
dc.subject
NONPERFORMING LOANS
dc.subject
AUDITING
dc.title
Bosnia and Herzegovina Financial Sector Assessment
en
dc.type
Report
en
okr.date.disclosure
2015-07-13
okr.doctype
Economic & Sector Work
okr.doctype
Economic & Sector Work :: Financial Sector Assessment Program (FSAP)
okr.docurl
http://documents.worldbank.org/curated/en/2015/07/24782201/bosnia-herzegovina-financial-sector-assessment
okr.globalpractice
Finance and Markets
okr.googlescholar.linkpresent
yes
okr.identifier.externaldocumentum
090224b082ff7ef2_1_0
okr.identifier.internaldocumentum
24782201
okr.identifier.report
98066
okr.language.supported
en
okr.pdfurl
http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2015/07/15/090224b082ff7ef2/1_0/Rendered/PDF/Bosnia0and0Her0al0sector0assessment.pdf
en
okr.region.administrative
Europe and Central Asia
okr.region.country
Bosnia and Herzegovina
okr.sector
Finance
okr.theme
International financial standards and systems
okr.theme
Financial and private sector development
okr.topic
Finance and Financial Sector Development :: Debt Markets
okr.topic
Finance and Financial Sector Development :: Bankruptcy and Resolution of Financial Distress
okr.topic
Finance and Financial Sector Development :: Access to Finance
okr.topic
Private Sector Development :: Emerging Markets
okr.topic
Finance and Financial Sector Development :: Banks & Banking Reform
okr.unit
FM GP GST1- 1 Fin Sec Oversight (GFMFO)

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