Economics, Econometrics and Finance
3 years ago

Bosnia and Herzegovina's Financial Integration Paves the Way for Economic Stability and EU Prosperity

Zbornik radova - Journal of Economy and Business
THE MAIN FEATURE OF B&H FINANCIAL STRUCTURE AND INTEGRATION IN THE EU FINANCIAL SYSTEM
Anela Čolak, Igor Živko, Josipa Grbavac

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The article examines changes in the financial sector of Bosnia and Herzegovina from 2005 to 2017, focusing on the dominance of banks in the financial system. The researchers analyzed indicators for both banking and non-banking financial entities to understand the evolution of the sector. They also looked at changes in the institutional framework to integrate these entities into the EU financial system. The main goal was to understand how the financial structure in Bosnia and Herzegovina has evolved and how it is moving towards integration with the EU financial system.