It conforms to the relevant requirements of the European Central Bank and may be joined in the TARGET system. BIS Review 1/2003  3  Brief Description of the Banking Sector Currently, financial services are provided by 22 banks and one branch of a foreign bank (Riga Branch of Nordea Bank Finland Plc).
•  The banks can say that these reserve requirements do impose a cost on them. My point is that the cost the CBBH imposes on you is less than the central banks in the neighboring countries impose on their banks so it is not an explanation for the cost of capital being higher in BiH.