RAIFFEISEN BANK BIH - THE LARGEST BANK IN BOSNIA IN 2008

SARAJEVO, Bosnia (September 11,2008) - With assets totalling 4.1 billion Bosnian Marks and a market share of 20 per cent (as of June 30, 2008), Raiffeisen Bank BiH has managed to keep its leading position among commercial banks in the Bosnian market. The bank also leads in terms of total lending, which by the end of June amounted to 2.909 billion Bosnian Marks.

Unicredit banka Mostar follows with assets of 3.3 billion Bosnian Marks and a market share of 16 per cent. Contrary to some expectations, the bank has not managed to dethrone RBA.

Hypo Alpe Adria Mostar is third with assets of 2.4 billion Bosnian Marks, and the other member of the Hypo Group – Hypo Alpe-Adria banka Banja Luka fourth with 2 billion Bosnian Marks. However, the latter was also the only among the ten leading banks in Bosnia to report a loss after the first half of 2008 (17.3 million Bosnian Marks).

The banks that follow in this ranking are the NLB banks, Volksbanka group banks and Intesa Sanpaolo BiH.

The six leading banking groups in Bosnia had joint assets of 16.6 billion Bosnian Marks, and accounted for almost 81 per cent of the Bosnian market.
.