Transcript Document

Available local finances
Credits and financial market
FINANCIAL SECTOR
Banking;
Micro credit
sector;
Leasing
companies;
Insurance
companies;
Capital market;
Other financial
services
Status of banking sector
– June 30, 2006.
Increase of bank assets - 12,8 billion KM;
Trust and increase of savings - 3,8 billion KM;
Out of 32 banks, 23 are in the program of
deposit insurance;
Joint stock capitall – 1,1 billion KM, out of
which 962 milion KM or 87 % is privatly
owned;
Out of banking potential 7,7 billion KM or 70 %
has been placed;
Increase of payment transactions volume - in
2005 in BH was realized 36,2 billion KM, and
for 10 months of 2006, 38,3 billion KM.
Constant decrease of interest rates*.
Interest rates
Period
Interest on credits
Private companies
Rates on short term Rates on long term
credits
credits
Interest on deposits
Population
Rates on sight
deposit
Long term saving
XII 2002.
12,07%
10,59%
1,44%
4,38%
XII 2003.
10,54%
9,18%
0,96%
3,40%
XII 2004.
9,92%
8,23%
0,77%
4,02%
XII 2005.
9,03%
7,70%
0,63%
3,63%
XII 2006.
7,66%
7,39%
0,49%
3,48%
Banking in Brcko DC
1.
2.
3.
4.
5.
6.
7.
Hypo Group Alpe Adria
Raiffeizen bank Sarajevo
UPI banka d.d. Sarajevo
Prokreditbanka Sarajevo
Nova banjalucka banka
Nova banka a.d. Bijeljina
Micro Enterprise Bank d.d
Sarajevo
8. Privredna banka d.d.
Sarajevo
9. Pavlovic international
banka Slobomir, Bijeljina
10. HVB Central Profit Banka
11. Volks Bank d.d. Sarajevo
12. Bobar banka a.d. Bijeljina
13. Bosna Bank International
d.d.Sarajevo
14. Zepter Komerc banka a.d.
Banja Luka
15. Tuzlanska banka d.d. Tuzla
16. Gospodarska banka d.d.
Sarajevo
17. Uni Credit Zagrebačka banka
BiHd.d. Mostar
18. ABS banka d.d. Sarajevo
19. Razvojna banka za
jugoistocne Evrope Banja
Luka
20. Komercijalna Banka a.d.
Banja Luka
Micro credit organizations
Activities on crediting the categories that have no
access to banking sector;
155261 credits were placed in 2005 in total amount of
441 mil KM, and on June 30, 2006, 79 991 credits
have been placed in total amount of 240 mil KM;
Active portfolio in 2005 was 315 milion KM, on June
30, 2006 was 364 milion KM;
Number of active clients in 2005 was 145.881, and on
June 30, 2006 was 160.285;
Average amount of credit in 2005 was 2 336 KM, and
on June 30, 2006 this amount was 2 169 KM
MCO in Brcko DC
•
˝EKI˝ Micro credit organization, Branch office
Brcko – Klosterska 31, Phone. 230– 310
•
˝LOK Micro credit organization, Sarajevo, Branch
office Brcko – 8 Mart 10, Phone. 217-408
•
˝PARTNER” Micro credit organization˝ Tuzla,
Branch office Brcko J. Dučića bb, Phone. 233840
•
MI BOSPO Micro credit organization, Miroslava
Krleze 13 Brcko, Phone. 214-555
Leasing u BiH
• Since 2001. until today are 6
leasing companies in BH
Value of concluded contracts on
leasing
in
2004-106
milion
EUROs, and in 2005-185 milion
EUROs what is increase for 74 %.
On September 30, 2006 the value
of contracts was
180,3 milion
EUROs;
During 2005 sale of cars by leasing
participated with 43%, machines
and equipment with 43%, real
estates with 13% and other 1%;
In first nine months of 2006, sale
of real estates by leasing
participated with 38%, cars with
34%, equipment with 27% and
other 1%.
Title
Bosnia and Hercegovina
Market share in 2005.
Hypo Leasing
Raiffeisen
Leasing
Volksbank
Leasing
LB Leasing
(CBS)
63%
22%
13%
1%
HVB Leasing
-
Euroleasing
1%
Other
-
Contract value in
2005.
in mil. EUROs
185
Insurance companies
Insurance as a part of the whole financial system
has important share on BH financial market;
31 insurance companies operate on BH territory.
In coming period enlargement of insurance
companies and decrease of their number may be
expected what shall cause the concentration of
capital in sector of insurance and work efficiency;
Insurance premium in 2005 in BH achieved the
amount of 357 milion KM.
Insurance companies in Brcko DC
•
•
•
•
•
•
•
•
•
JAHORINA INSURANCE
DRINA INSURANCE
BOSNA INSURANCE
BOSNIAN – GERMAN
BDV INSURANCE
CROATIA INSURANCE
EURO-HERC
INSURANCE
TRIGLAV INSURANCE
LIDO INSURANCE
SUNCE INSURANCE
•
•
•
•
•
•
BRCKO GAS INSURANCE
NEŠKOVIC INSURANCE
BOBAR INSURANCE
ZOIL INSURANCE
RAIFEIZEN INSURANCE
KRAJINA KOPAONIK
INSURANCE
• PSC-BABIC INSURANCE
• VGT INSURANCE
• ZOVKO INSURANCE
Market of capital
Make the market of capital attractive to foreign investors
Promotion of other capital market instruments: corporative bonds,
entities’ bonds, treasury notes, certificates of deposit, bonds of lower
authorities….
Market participants: Commissions for securities, stock exchanges
(Sarajevo and Banja Luka), Register of securities, brokerage houses
and commercial banks.
Start with emission of bonds by the state. At the first moment issue
high quality of securities which will improve market credibility;
SEM - The Stock Exchange Monitor is information platform of
South-East Europe stock exchange. There are 8 stock exchanges
participating at this moment, which markets involve more then 2.190
securities from 170 brokerage houses.
Stock exchange in
BH
Total turnover on stock exchange in BH in the first months of 2006 was
305.216.915,89 €
Sarajevo stock exchange
187.252.557,48 €
Banja Luka stock exchange
117.964.358,41 €
Sarajevska
berza
Banjalučka
berza
12
New financial
businesses
Globalization process also influences financial sector,
so there are in this segment trends of introduction of
new financial businesses which are present on
international market, such as factoring businesses,
futures, insurance of export businesses and
guarantee funds, day-to-day transactions and other;
The significant value of businesses on financial
market may be achieved through mentioned financial
businesses than in this segment should be
emphasized importance of regulations and their
adjustment with international standards.
Investment Guarantee Agency
• Investment Guarantee Agency (IGA) is state agency for
support of export which carry out its activities independently,
on commercial basis. IGA operates on whole BH territory.
• One of service is for instance insurance from political and war
risk for entities out of BH which gives the credit to companies
in BH for purposes of production.
• MIGA-Multilateral Investment Garantee Agency, has been
established by World Bank Group (insurance from war,
expropriation, political , political disturbance, restriction of
exchange rate, cancellation of contracts)
• Investment Guarantee Trust Fund for Bosnia and
Herzegovina, European Union-MIGA (example of Coca-Cola
investment insurance in BH on amount of 23.3mil$)
BD Guarantee Fund
•
•
•
Beginning of 2003 with 300.000 KM
In 2004 -1000.000 KM
Through the Brcko District BH Guarantee Fund
(GFBD) in 2006 was issued 75 guarantees in
amount of 522.717, 50 KM, what provided the
access for small and middle companies and
individual farmers to favorable credit resources
in amount of 1.045.435,00 KM.
The Fund goals
• Providing of credit guarantees for owners of business
activities who are not able to offer an adequate
collateral to financial institutions.
• Attracting of new resources into the Fund by which the
competitiveness in the Brcko District BH financial
sector is to be improved regarding the crediting of
business activities of small and middle companies and
rural sector.
• Lending technical assistance to the Brcko District
Government and other institutions responsible for
implementation of development plans and programs for
economic development.
CRITERIA FOR APPROVAL OF
GUARANTEES
Guarantee is being approved mostly for activities
within the sector of SME and for enterprises
dealing with agriculture
• Client has to meet all conditions to get the credit
from partner financial institutions.
• Guarantees are being approved only for activities
on Brcko District BH area
• Maximum guarantee on 50,000KM (50%), term of
payment 60 months
Useful links
• www.bdcentral.net
• www.cbbh.gov.ba
• www.eif.org
• www.miga.org
• www.igabih.com