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Remittances to Bosnia up 2.8% y/y in Jan-Sept

Remittances to Bosnia up 2.8% y/y in Jan-Sept Bosnia EU flag Source:www.ec.europa.eu

SARAJEVO (Bosnia and Herzegovina), January 24 (SeeNews) - Remittances to Bosnia increased by 2.8% year-on-year in the first nine months of 2019, reaching 2.077 billion marka ($1.2 billion/1.1 billion euro), the country's central bank told SeeNews on Friday. 

In the third quarter alone, money sent home by Bosnian citizens residing abroad totalled 760.2 million marka, up 3.8% compared to the like quarter of 2018, Bosnia's central bank said in a statement e-mailed to SeeNews. 

Data on remittances to Bosnia in the fourth quarter of 2019 will be available by March 31, the central bank said. 

Remittances to Bosnia increased to 2.699 billion marka in 2018, compared to 2.645 billion marka in 2017.

By comparison, Bosnia attracted 783.4 million marka in foreign direct investment in 2018, a volume little changed on an annual comparison basis, the central bank said in August.

(1 euro = 195583 marka)

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