Decree on Percentage and Manner for Forming and Maintaining Reserves for the Coverage of Loan Losses

Bosnia and Herzegovina

(enacted in 2007)

Decree on Percentage and Manner for Forming and Maintaining Reserves for the Coverage of Loan Losses of 2007 provides the percentage and manner for forming and maintaining reserves in the Federation of Bosnia and Herzegovina.

The decree provides guidance on the following areas related to reserves for loan losses:

  • The basis for the calculation;
  • Reserves based on days loans are overdue; and
  • Report requirements to banking agency.