5th Vienna Economic Forum Role of the Investment Development Bank of the Republic of Srpska in the Economic Development of the Republic of Srpska - PowerPoint PPT Presentation

Loading...

PPT – 5th Vienna Economic Forum Role of the Investment Development Bank of the Republic of Srpska in the Economic Development of the Republic of Srpska PowerPoint presentation | free to view - id: 5ee47f-M2E2Z



Loading


The Adobe Flash plugin is needed to view this content

Get the plugin now

View by Category
About This Presentation
Title:

5th Vienna Economic Forum Role of the Investment Development Bank of the Republic of Srpska in the Economic Development of the Republic of Srpska

Description:

Title: Slide 1 Author: olukic Last modified by: Lafo Mamone Created Date: 5/7/2008 7:54:16 AM Document presentation format: On-screen Show Company – PowerPoint PPT presentation

Number of Views:105
Avg rating:3.0/5.0
Slides: 17
Provided by: olu2
Category:

less

Write a Comment
User Comments (0)
Transcript and Presenter's Notes

Title: 5th Vienna Economic Forum Role of the Investment Development Bank of the Republic of Srpska in the Economic Development of the Republic of Srpska


1
5th Vienna Economic Forum Role of the
Investment Development Bank of the Republic of
Srpska in the Economic Development of the
Republic of Srpska
  • Republic of Srpska
  • RS Ministry of Finance
  • 10-11 November 2008

2
Republic of Srpska
  • Covers an area of 25.053 square kilometers
  • The Republic of Srpska has
  • a population of 1.471.529
  • Member of Assembly
  • of European Region

3
Economic figures
  • Gross Domestic Product (in nominal terms) in 2007
    amounted to EUR 3.75 billion
  • 2007 GDP growth rate amounted to over 13.2 in
    nominal terms, 6.5 in real terms
  • Expected GDP growth rate in 2008 of 11.7 in
    nominal terms and 7.2 in real terms (est.)
  • Profit tax 10
  • Income tax 10
  • Health and social insurance contribution are 28
    (gross)

4
Economic figures
  • Share of public spending in GDP in the Republic
    of Srpska below 40
  • Causes
  • efficient budget policy
  • efficient public spending policy
  • Share of debt (internal and foreign debt) in GDP
    in the Republic of Srpska below 40
  • In last three years primary surplus amounted to
    1.5 of GDP
  • Competitive advantages
  • Agriculture
  • Hydro potential-electric energy sector

5
Activities in 2007
  • Successful privatization of Telekom Srpska
  • Total proceeds of Telekom privatization amount to
    EUR 644 million
  • Adopted Development Program of the Republic of
    Srpska 2007-2011
  • The Economic-Social Program EUR 303 million (47)
  • Socially-useful public investments. Grant funds
    - realization through the budget system o the RS
  • The Industrial-Development Program EUR 341.3
    million (53)
  • Profitable public investments- realization
    through Investment-development banks and its
    Funds
  • Founded Investment-development Bank of the RS

6
Investment Development Bank of the Republic of
Srpska (RS IDB)
  • The RS IDB is registered as a Joint Stock
    Company,
  • 100 owned by the Republic of Srpska
  • The RS IDB is not deposit bank
  • Conducts business operations with all banks
    registered
  • at the territory of the Republic of Srpska
  • Provided availability of capital to commercial
    banks for credit lines
  • Commercial banks invest funds to end users in
    line with RS IDB credit lines
  • The strategic objectives of the RSIDB are
    encouragement of
  • investment and fostering of development in the
    Republic of Srpska

7
RS IDB Role
  • Efficient and professional management of the
    Republic of Srpska assets formally and legally
    registered with six funds
  • Providing of support to development and
    investment projects in the Republic of Srpska
  • Achievement of synergy effect in resource
    management of the Republic of Srpska
  • Support to the acceleration of reform processes
    and economic development of the Republic of
    Srpska (keeping in mind the social and
    environmental aspects)

8
Global Organization of RS IDB
9
Main Features of the RS IDB
  • Highly professional financial institution
  • Portfolio value over EUR 1.3 billion
  • Investment of over EUR 300 million over the next
    three years
  • Active participation in capital market
  • Privatization of state capital in companies

10
RS IDB Activities
  • Credit lines
  • Trade in securities
  • Privatization and restructuring
  • Identification and promotion of investment
    potentials of the Republic of Srpska

11
Credit Lines
  • Investment through commercial banks and
    microcredit companies
  • For start-up activities
  • For micro-business in agriculture
  • For agriculture
  • For entrepreneurs and companies
  • Housing loans
  • For units of local self-governance
  • Reduced interest rate for projects implemented
    in the territory
  • of underdeveloped and extremely underdeveloped
    municipalities clusters projects in the field
    of processing industry and energy production
    tourism and exporters
  • Interest on credits invested from funds managed
    by RS IDB to end
  • users are 4,00-7,50

12
Trade in securities
  • Management of Bank portfolio
  • Portfolio restructuring
  • Maintenance and expansion of capital value
  • Significant participant in capital market

13
Privatization and restructuring
  • Acceleration of privatization process by means of
    sales in stock exchange
  • Active participation in financial restructuring
    of companies
  • Directing of sales revenues (further
    strengthening of companies and capital market)
  • Participation in corporate governance

14
Identification and promotion of investment
potentials of the Republic of Srpska
  • Cooperation with International Financial
    Institutions (EBRD, WB, EIB) on support for
    credit lines
  • Willingness for joint financing of relevant
    projects for the RS
  • Attractive projects companies being privatized
    private companies (joint ventures)
    infrastructure natural resources
  • Attractive locations greenfield and brownfield
    investments (database of attractive locations in
    municipalities)
  • Business mediation matchmaking between local
    and foreign investors
  • Support to investors database for foreign
    investors Invest in the RS, business counsel,
    contact facilitation, financial support

15
Contact information Mladena Stojanovica
778000 Banja LukaRepublic of Srpskawww.irbrs.ne
tPhone 387 (0)51 334 751, 387 (0)51 334
706Fax 387 (0)51 347 090
16
Republic of Srpska Welcomes You as a Place
for Your Future Investments
About PowerShow.com