Securities operations

Other documentary operations

Bosna Bank International d.d. performs the following activities within the Investment Banking Department:

• Depositary during the issuance of securities
• Depositary for tender bidders for the takeover of joint-stock companies
• Depositary for professional brokers in the turnover of securities

Depositary Bank during the issuance of securities

Depositary operations for joint-stock companies during the new issuance of securities (open or closed issuance of securities) include the following:

• Providing conditions for registration of securities;
• Opening of a temporary account for depositing payments based on the registration of securities and/or securing evidence in case of payments in assets and/or rights;
• Preparing and submitting statements on the number of registered and paid securities;
• Operations of a payment agent in the case of issuing bonds.

Depositary Bank for the tender bidders for the takeover of joint-stock companies

During the tender bid for the takeover of joint-stock companies, BBI performs depositary operations for the takeover tender bidder, regulating the disbursement of price of securities purchased in the tender bid. BBI Bank is opening a special account for that purpose where cash funds will be allocated and it secures loan for that purpose or irrevocable first-demand banking guarantee or guarantee from another corporate client, accepted by the Bank as a valid guarantee for payment of all shares to which the takeover tender bid relates to.

Depositary Bank for professional brokers in the turnover of securities

In order to perform depositary operations for professional brokers in the turnover of securities, BBI Bank is opening a special-purpose account for receiving, depositing and disbursing cash funds of clients of a professional broker.