Decision on Amount and Way of Forming Reserves for Covering Loan Losses in Micro Credit Organisations

Bosnia and Herzegovina

(enacted in 2006)

Decision on Amount and Way of Forming Reserves for Covering Loan Losses in Micro Credit Organisations of 2006 prescribes the amount and way of forming and maintaining reserves for covering loan losses in micro credit organizations in Republic Srpska.

The following topics are covered in this decision:

  • Base calculation of reserve amount;
  • Reserve allocation for different loan types; and
  • Quarterly reports.