About us

Deposit Insurance Agency of Bosnia and Herzegovina is established by the Law on Deposit Insurance in Banks of Bosnia and Herzegovina. (“Official Gazette of BiH” no 20/02, 18/05, 100/08, 75/09 and 58/13)

Mr. Robert C. Demler, JR (Resident Department of the US Treasury, Advisor for Banking Issues at the Ministry of Finance of Federation of BiH), Mr. Rainer Müller (GTZ GmbH – Project Manager for the establishment of the deposit insurance scheme in BiH) and and Romeo Esangga (GTZ GmbH – Resident Consultant) have given great support in the establishment of the Deposit Insurance Agency of BiH, as well as advisory and technical support within the Agency’s operations.  

The Agency is an independent, non-profit, legal entity with full authority under the Law of the State.

The Agency comprises of the Head Office and Branch Office in each entity.

Head Office of the agency is located in Banja Luka, and there is one Branch Office in Sarajevo and Banja Luka.

The Agency is a permanent member of two international associations: the International Association of Deposit Insurersa (IADI) and European Forum of Deposit Insurers (EFDI).

 

Field of operation

Primary tasks of the Deposit Insurance Agency of Bosnia and Herzegovina are as follows: to provide for protection of deposits (“eligible deposit” represents the aggregate of all assets deriving from deposits, savings accounts or bank certificates deposited by a depositor in a Member Bank) of natural persons and legal entities in Member Banks in accordance with the Law on Deposit Insurance in Banks of Bosnia and Herzegovina; issuing of the deposit insurance membership certificate to the banks which meet the following criteria for participation in deposit insurance scheme:

  • capital,
  • liquidity,
  • asset quality,
  • management,
  • profitability,
  • accounting standards and
  • reserves;

membership suspension or termination; investment of the capital of the Deposit Insurance Fund in line with restrictions prescribed by the Investment Policy of the Agency based upon the Law on Deposit Insurance in Banks of BiH; payout of insured deposits in case of cessation of Member Bank’s operations in line with the Law on Deposit Insurance in Banks of BiH; issuing of the enactments which are to regulate deposit insurance and Agency’s operations in accordance with the Law on Deposit Insurance in Banks of Bosnia and Herzegovina.

Member Banks pay insurance premium, whereat average total eligible deposits as per the end of each month increased for accrued interest are used as insurance premium basis. The premium is paid quarterly. The quarters begin the first day of January, April, July and October. The premium rate amounts to 0,26%. At minimum of once a year, the Management Board of the Agency shall determine the level of the insurance premium rate of all Member Banks, based on recommendation provided by the Director of the Agency.

The maximum amount of an insured deposit together with calculated interest to be reimbursed by the Agency per member bank is eligible deposit decreased by the law or contracted debt of the depositor toward member bank in the amount determined by the Decision of the Agency’s Management Board which now amounts to KM 50.000 or which is smaller.