Director (Vakufska Banka)

Vakufska Bank was created in 1992, just before the war. Could you give us a brief historical background of the company starting from its creation?

Vakufska Bank was established during the war, in July 1992, and the first payment operations were completed in October 1992. We started working in a rented office, with very limited working conditions and a total equity of 50,000 Euros. There were only three or four employees. We were established from about thirty private legal entities, maybe two or three individuals and some Citizen Unions. The main goal was to establish a connection between the occupied city of Sarajevo and ...