News in English     | 03.02.2021. 16:20 |

Swiss Ambassador Hunn in an inaugural visit to the Central Bank of BiH

FENA Press release

SARAJEVO, February 3 (FENA) - The newly appointed Ambassador of the Swiss Confederation, Daniel Hunn visited the Central Bank of Bosnia and Herzegovina (CBBH) on Wednesday.

The CBBH Governor Senad Softić hosted his Excellency, Ambassador Hunn and thanked him for efforts of the Swiss Confederation in the economic and social development of BH and emphasized that, for several years already, the CBBH has had quality relations with the Swiss Government and its financial institutions.

Ambassador Hunn emphasized the fact that the CBBH has already started with activities of implementation and usage of the technical assistance for 2021, which makes it the most successful central bank - user of the technical assistance within the BBC Program.

Within the partnership and the support strategy of the Swiss Confederation to Bosnia and Herzegovina, there is extremely good cooperation with the CBBH, especially within the Program of the bilateral assistance and capacity building of the central banks (BCC), which has been implemented with the intensive consultations with the Swiss State Secretariat for Economic Affairs (SECO), and Institute for the International Studies from Geneva.

During 2020, this cooperation was implemented in an online format, via intensive consultations and education activities, according to the CBBH needs.

Upon successful implementation of the first phase of the Program 2014 – 2017, the second phase began, i.e., the continuation of the program until the end of 2022. The supported areas are monetary policy, more specific research, improvement of foreign reserves management, statistics, human resources management and operations risk framework, including improvement of the business continuity plan.

“I extremely appreciate the prompt support and reaction of SECO in these challenging times. Thanks to the commitment of the Swiss partner, as well as by the intensive efforts of the CBBH employees, the project has been implemented in continuity,” concluded the Governor.

On this occasion, Softić informed Ambassador Hunn on the microeconomic data for Bosnia and Herzegovina, as well as, on the CBBH activities during the pandemic, which have been done in order to maintain the monetary stability and stability of the financial system.  

Ambassador Hunn emphasized the commitment of his country to continue the cooperation within the partnership and the Swiss Confederation support strategy to Bosnia and Herzegovina, stated the CBBH. 

(FENA) S. R.

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