Friday, November 7, 2008


SARAJEVO, Bosnia (November 8,2008) - The FBiH Entity Prime MinisterM Nedzad Brankovic met today in the Bosnian capital Sarajevo with a delegation of the Islamic Bank for Development from Saudi Arabia, led by Ahmad M. Al-Ghannam.

The delegation signed the launch of a USD 5 million USD worth credit line for Bosnia's exporting enterprises yesterday with Bosna Bank International, which is seen by both sides as the beginning of a successful financial collaboration.

Al-Ghannam pointed out the agreement is an extension of assistance his country has been providing to Bosnia. Brankovic informed him that the FBiH entity is currently looking for ways to fund capital investments in the energy sector.

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