The third will be the changes that lie ahead of the BH financial sector in the immediate future, and I will finish with some brief comments on the economic outlook. The central bank (CBBH) •  The CBBH commenced its operations on 11 August 1997 so it is still quite a young organization.
•  It is a state level institution, which means it is the only monetary authority in BH and operates over the whole country through five offices. It has 265 staff. •  The CBBH law specifies clearly the functions that the CBBH must carry out and also sets a number of limitations on its operations.