Monday, October 20, 2008

BORROWING FROM BOSNIAN BANKS INCREASES RAPIDLY

SARAJEVO, Bosnia (October 20,2008) – According to the Bosnian National Banking Association the loans of the Bosnian commercial banks totalled 14.5 billion Bosnian Marks as of June 30, 2008, which was by almost 2 billion Bosnian Marks more compared to the end of 2007.

The retail sector accounted for 6.3 billion Bosnian Marks of that sum, whereas the remainder was borrowed by the corporate sector. Since late 2007, the debt of the Bosnian citizens increased by 700 million Bosnian Marks.
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