Regulatory Alerts2008-11-24
Chapter III Financial Regulations
The Central Bank of Bosnia and Herzegovina is mandated to maintain an initial capital of 25 million convertible marks, payable within two weeks of the law's enactment. The document establishes strict protocols for calculating net profit or loss, prioritizing allocations to capital, general reserves, and special reserves before distributing remaining profits to fiscal authorities. It further defines procedures for covering capital deficits and prohibits profit distributions that would reduce the bank's assets below its liabilities and capital reserves.
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