The first area concerns the Eurosystem’s monetary policy. The second area deals with the economic impact of EMU on the euro area and the interplay between the Eurosystem’s monetary policy and the other areas of economic policy. The third area relates to the chances and challenges EMU holds for banks.
This has forced banks to merge or find strategic partners. This, plus increased competition, has led to a sharp reduction in the number of banks in BH. In 1997, there were 76 registered banks in BH in 1997 but most of them were extremely small. At present there are 38 registered banks in BH.