The Central Bank of Bosnia and Herzegovina is the main financial institution responsible for managing the currency and monetary policy of Bosnia and Herzegovina. Established in 1997, it aims to ensure price stability and maintain the stability of the financial system in the country. The bank issues the Convertible Mark, which is the official currency. In addition to managing currency, the central bank oversees the banking sector and implements regulations to promote a sound financial environment. It also works to foster economic growth and stability by collaborating with international financial organizations and other central banks.