1. Bosnia and Herzegovina : State Bank Governance Technical Note
- Author
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World Bank and International Monetary Fund
- Subjects
TAX EXEMPTIONS ,INTERNAL AUDIT ,INFRASTRUCTURE ,BANKING SYSTEM ,INVENTORY ,BANKING SUPERVISION ,STATE INSTITUTIONS ,LIQUIDATION ,FINANCING ,EMPLOYMENT ,CRITERIA ,FINANCIER ,STATE OWNERSHIP ,GOVERNMENT INTERVENTION ,FINANCIAL SECTOR ,PRIVATE COMMERCIAL BANKS ,DEPOSIT INSURANCE ,LENDING ,INSTITUTIONAL ARRANGEMENT ,PRODUCTIVITY ,STATE-OWNED ENTERPRISES ,MANDATES ,INDEPENDENCE ,LACK OF TRANSPARENCY ,OVERSIGHT ,MINISTRIES ,MUNICIPALITIES ,GOVERNMENT PROGRAMS ,GOVERNMENT OWNERSHIP ,GOVERNMENTS ,PUBLIC PROCUREMENT ,AUDITING ,BANK ,LOANS ,AUDITORS ,DEVELOPMENT BANKS ,REPRESENTATIVES ,ACCOUNTING STANDARDS ,RISK MANAGEMENT ,AUTHORITIES ,TRANSPARENCY ,SUBORDINATED DEBT ,STRATEGIES ,EMERGING MARKETS ,FEDERATION ,DEVELOPMENT BANKING ,DEPOSITS ,INDUSTRY ,MARKETS ,FINANCE ,STATE OWNED BANKS ,CORPORATE GOVERNANCE ,RETAIL BANKING ,BANKING INDUSTRY ,BANKING ,STATE BANKS ,ENTERPRISES ,DECISION MAKING ,CIVIL SERVICE ,INTERNAL CONTROLS ,FOREIGN BANKS ,VOTING ,RISK TAKING ,SERVICES ,INTEREST RATES ,PUBLIC SECTOR ,NATIONALS ,DEBT ,CREDIT RISK ,CREDIT APPROVAL ,BANKING SECTOR ,FISCAL ,STATES ,CAPITAL ADEQUACY ,PUBLIC OPINION ,BANKING SYSTEMS ,DISCLOSURE ,AUTHORITY ,MINISTRY OF FINANCE ,ENTERPRISE REFORM ,BANKING REGULATION ,FINANCIAL SECTORS ,FINANCIAL SUSTAINABILITY ,KEY PERFORMANCE INDICATORS ,AUDITS ,INSOLVENCY ,STATE BANKING ,DECREE ,PRIVATE BANKS ,ACCOUNTING ,VALUE ,RISK ,LOCAL GOVERNMENT ,CAPITAL MARKETS ,GOVERNANCE ,FINANCIAL CRISES ,REGULATORY FRAMEWORK ,STATE ,FINANCIAL INSTITUTIONS ,FINANCIAL STABILITY ,REGULATION ,INSURANCE ,INTERNAL AUDIT FUNCTION ,PUBLIC RESOURCES ,INTERNATIONAL BANKING ,EXTERNAL AUDITORS ,BANKING SERVICES ,TAXES ,EQUITY ,GOVERNMENT ,BANKS ,FINANCIAL INSTITUTION ,LEGAL FORM ,BANK OF CANADA ,PUBLIC POLICY ,CREDIT ,GOVERNMENT DEPARTMENT ,PUBLIC FINANCE ,LEGISLATION ,STATE INTERVENTION ,COMMERCIAL BANKS ,NONPERFORMING LOANS ,FINANCIAL RESOURCES ,PRUDENTIAL REQUIREMENTS ,CREDIT RISK MANAGEMENT ,INTERNATIONAL BANKING STANDARDS ,SUBSIDIARY ,ASSET VALUE ,HOUSING ,FINANCIAL PERFORMANCE ,RETURN ON EQUITY ,INTEREST ,RESPONSIBILITY ,STATE SECTOR ,LEGAL FRAMEWORK ,SUPERVISORY AUTHORITIES ,TRANSPORT ,FINANCIAL RESULTS ,LAWS ,FINANCIAL SUPPORT ,ENTREPRENEURSHIP ,SAVINGS ,GOVERNMENT ENTITIES ,RISK MANAGEMENT PRACTICES ,GOVERNMENT OFFICIALS ,AUDIT ,LEVEL PLAYING FIELD ,ACCOUNTABILITY ,LAW - Abstract
This Technical Note evaluates state bank corporate governance practices in Bosnia and Herzegovina. The analysis was completed during October 27-November 18, 2014. This TN is not a formal assessment against the Basel Committee’s Principles for Enhancing Governance; rather, it assesses key issues and provides a set of recommendations to the authorities with the view to strengthen state bank governance and the State’s ownership structures in Bosnia and Herzegovina. The governments of the Federation of Bosnia and Herzegovina (FBiH) and the Republic of Srpska (RS) are involved in their domestic banking systems through equity stakes and subordinated debt investments in certain banking institutions. Banks’ supervisory boards are not performing their intended leadership role.
- Published
- 2015