About us
Banking Agency of the FBiH (FBA) has given its full contribution to the banking sector reform. As an independent, sovereign and non-profit authority for bank supervision and licensing, the Agency was established in late 1996.
Its work, since the very beginning, has been directed towards a strong and stable banking, micro-credit and leasing system, as market-oriented and based on the international standards of performance and supervision of banks, micro-credit organizations and leasing companies.
Law on Banking Agency of the FBiH sets out the main tasks of the Agency, such as:
- Issuance of licenses for establishment and work of banks, micro-credit organizations and leasing companies,
- Issuance of licenses for all changes in organizational structure of banks, micro-credit organizations and leasing companies,
- Issuance of approvals for appointment of banks' managing staff,
- Issuance of licenses for conducting internal payment system,
- Collection, processing and recording of data that banks, micro-credit organizations and leasing companies submit to the Agency in accordance with regulations,
- Supervision of performance of banks, micro-credit organizations and leasing companies and taking measures in accordance with Law on Banks, Law on Banking Agency of the FBiH, Law on Micro-Credit Organizations, Law on Leasing and sub-legislative acts,
- Initiation, management and supervision of provisional administration, liquidation and bankruptcy or recovery of banks,
- Revoking of bank, micro-credit organization's and leasing companies licenses in accordance with the Law,
- Enactment of sub-legislative acts that regulate performance of banks, micro-credit organizations and leasnig companies,
- Performing evaluation of conditions and issuance of approvals to banks related to new issue of shares
- Performing actions in the support of anti-terrorist measures related to banks, micro-credit organizations and leasing companies upon request of an authorized body, based on appropriate law or in accordance with special resolutions of the UN Security Council.
The Agency, in cooperation with the Central Bank of Bosnia and Herzegovina, realizes international contacts in terms of:
- issuance of banking, micro-credit and leasing licenses,
- supervision of banks, micro-credit organizations and leasing companies,
- gathering information on banks, micro-credit organizations and leasing companies and their activities based on reciprocity.
Banks, micro-credit organizations and leasing companies are obliged to allow the Agency to have access to all documentation in order to perform the activities defined in the scope of work of the Agency.
The Agency submits its Report on work and performance to the Parliament of the Federation of BiH through the Government of the Federation of BiH.