Banks Association of Bosnia and Herzegovina (hereinafter: Association) is a nongovernmental, non-political and non-profit Association that has been established by commercial banks, voluntarily based on their initiative.
The Association becomes a legal entity as of the date of its registration with the authorized ministry of Bosnia and Herzegovina, with all rights, obligations and responsibilities as determined in the constituent deed, these Articles and Law.
The Association is independent and it acts in the entire territory of Bosnia and Herzegovina. While performing its activities, the Association may cooperate and be connected in order to comply with joint interests and initiatives with similar associations and other organizations in the same and/or different business sectors inside of Bosnia and Herzegovina and its respective entities, but also with similar associations and organizations from other countries and corresponding multilateral associations and organizations.