Razvojna banka Federacije BiH explained

Razvojna banka Federacije BiH
Trade Name:Razvojna banka Federacije Bosne i Hercegovine
Native Name Lang:Bosnian
Industry:Financial services
Successor:Investicijska banka Federacije Bosne i Hercegovine
Foundation:
as Razvojna banka FBiH[1]
Hq Location City:Sarajevo
Hq Location Country:Bosnia and Herzegovina
Locations:7 branches (2024)
Area Served:Federation of Bosnia and Herzegovina, BiH
Homepage:www.rbfbih.ba

Razvojna banka FBiH or Razvojna banka Federacije Bosne i Hercegovine is a national development bank serving FBIH entity in Bosnia and Herzegovina.

The bank has its headquarters located in Sarajevo (Novo Sarajevo area, Igmanska 1, 71000). It was founded in 1997 as Investicijska banka Federacije Bosne i Hercegovine.

On 1 July 2008, bank officially changed its name to the current name.

The Government of the Federation of Bosnia and Herzegovina entity is the owner of the bank (via the Law on Development Bank of the Federation of Bosnia and Herzegovina), and bank is operating with state-owned capital.

The main task of the Razvojna banka Federacije Bosne i Hercegovine is the promotion of the development of the Bosnian market by extending loans, insuring export transactions against political and commercial risks, issuing guarantees, and providing business advices in cooperation with Bosnian banks and international institution via providing stimulating loans with stimulating and differentiated interest rates, usually lower than commercial interest rates in BiH.

As an entity-level development bank, Razvojna banka Federacije BiH (SWIFT code: IBBHBA22XXX) is supervised by FBA banking regulator (based on CB BiH[2] regulations) in 7 branches in FBiH towns (Sarajevo, Mostar, Bihać, Orašje, Zenica, Tuzla and Livno).

See also

Notes and References

  1. Web site: ABOUT US . www.rbfbih.ba . 8 May 2024 . English.
  2. Web site: Centralna banka Bosne i Hercegovine - Banke u BiH . www.cbbh.ba . 8 May 2024 . Bosnian.