CBBiH and Banca d’Italia sign letter of intent for TIPS Clone Project

SARAJEVO, October 16 (FENA) – The Governor of the Central Bank of Bosnia and Herzegovina (CBBiH), Jasmina Selimović, and the Governor of Banca d’Italia (Central Bank of Italy), Fabio Panetta, signed a Letter of Intent in Washington for the TIPS Clone Project (TARGET Instant Payment Settlement), confirming BiH's commitment to modernizing its domestic payment system and integrating it into the contemporary European instant payment infrastructure.