SARAJEVO, Bosnia (October 9,2008) - The Head of the Bosnian Savings Deposit Insurance Agency Josip Nevjestic said yesterday that the savings deposits Bosnian citizens have in the banks in Bosnia are safe, and that there is no reason for concern, regardless of the global financial crisis.
"The crisis is not going to go around anyone, but the deposits are safe", Nevjestic assures.
In its meeting yesterday, the Agency’s Board was discussing the state of deposits in insured banks in the period between December 31, 2007 and August 31, 2008.
The deposits in total 24 insured banks in Bosnia have reached 15.6 billion Bosnian Marks, increasing by 8.13 per cent in the stated period.
Citizens’ savings account for the biggest share in that, and they were up by 10.85 per cent, to 5.8 billion Bosnian Marks. The Board has concluded that the trend of growth maintained throughout the period, which is an important reassuring factor.