Agencija za Bankarstvo Republike Srpske

Press Release regarding the Measures Proposal for Banka Srpske

18.01.2016. yr.

Number: 01-105-52/2016

Taking into account the Republika Srpska Government conclusion expressing the decision of the Republika Srpska Government, in the function of the Shareholders Assembly of the Investment-Development Bank of Republika Srpska, to recover Banka Srpske a.d. Banja Luka – under Provisional Administration (hereinafter: Bank) by means of sanitation or its sale, the Bank Provisional Administrator proposed undertaking of measures for the Bank recovery by means of sanitation of its operations or undertaking measures for its sale, in accordance with Article 113, paragraph 2, item 2 and 3 of the Law on Banks of Republika Srpska.  

The aforestated proposal implies the obligation of the Bank shareholders to draft the Activity Plan for implementation of necessary measures in order to eliminate irregularities in the Bank operations and improve its financial condition with clear deadlines and dynamic of implementation, taking into account the deadline determined by the Republika Srpska Government Decision which expires on February 7, 2016. 

Deposits of the Bank clients shall remain blocked until sanitation or sale by the Bank owners or until the introduction of liquidation procedure by the Banking Agency of Republika Srpska.

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