The Republic of Srpska Investment-Development Bank
15. August 2011. | 11:50
Source: BH Daily News
The Republic of Srpska Investment-Development Bank is considered to be one of the most the most powerful institution in the country.
The Republic of Srpska Investment-Development Bank (IRBRS) was founded in 2006. as a joint-stock company which was 100 percent owned by the Republic of Sprska.
The strategic goal of IRBRS are to draw investments and stimulate development in the Republic of Srpske as well as professionally and efficiently manage capital.
IRBRS does not invest funds aimed at development projects directly, but through commercial banks and micro credit companies; In certain projects it also has the support of foreign international institutions such as: the World Bank, European Investment bank, European Bank for Reconstruction and Development etc.
The strategic goal and priorities of The Republic of Srpska Investment-Development Bank are:
- 1. Advance agricultural production
- 2. Support small and medium businesses
- 3. Housing and business construction
- 4. Construction of infrastructural facilities in the Republic of Srpska
- 5. Increase employment
- 6. Support production in order to decrease foreign trade deficit
- 7. Steady regional development
- 8. Advance cooperative management and capital markets
- 9. Effective privatization implementation process and reconstruction of companies in the context of privatization e
- 10. Support for investments
- 11.Protection of physical and social environment
The Republic of Srpska Investment-Development Bank is considered to be one of the most the most powerful institution in the country.
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