prijava
SARAJEVO, March 25 (FENA) - Director of the FBiH Banking Agency (FBA) Jasmin Mahmuzić told FENA that the requirements for sustainable liquidity of banks have been improved after earlier crises, and additional arrangements for rapid support managed by leading central banks have been established.
After the turbulence in the banking sectors in the USA and Switzerland, Mahmuzić commented that predominantly, problems with bank liquidity can arise as a result of a lack or absence of trust. In such circumstances, according to him, subjective reasons or perceptions of possible future events dominate. The correct actions of the leading authorities can play a key role, but the role of the media and social networks must not be neglected.
"In past crises, the liquidity of the banking system in BiH was not threatened. Meanwhile, regulatory requirements have been further strengthened. Direct dependence or endangerment of our system due to events that may occur in other banking systems is now completely excluded. In order to avoid risks that relate only to BiH, the importance of complete and transparent information to citizens and the economy should be strengthened," Mahmuzić added.
Taking into account the causes, character and scope of events in financial systems outside BiH and the EU, as he added, the direct effects of the resulting changes are limited.
"In Bosnia and Herzegovina, traditional banking models dominate with a small share of the portfolio of equity and debt securities of issuers outside of Bosnia and Herzegovina. In a broader context, any significant change in macroeconomic conditions in the leading economies can have economic effects on BiH and the countries of the region. It is important that in every opportunity that may arise, we take into account that our banking systems are largely autonomous and self-sustainable and that they operate in accordance with our regulatory framework," said Mahmuzić.
He noted that there were no unexpected changes in banks' liquidity, but that, as in periods of crisis in the past years, the possibility of creating unfounded pressures and feelings of uncertainty that have temporary effects on the work of banks cannot be ruled out.
(FENA) S. R.
