Bosnia eases reserve requirements

The Central Bank of Bosnia and Herzegovina on Thursday moved to relax its monetary stance in a bid to encourage banks to lend more.

The central bank lowered its reserve requirement for term deposits with a maturity of over one year from 10% to 7%, a move it expects to free up KM262m ($176m) to the banks.

The central bank has also allowed banks to exclude government deposits designated for development programs from the calculation of required reserves.

"Both measures will provide more potentia

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