OREANDA-NEWS. Vnesheconombank Chairman Vladimir Dmitriev handed over a certificate worth 500 thousand euros in the city of Banja Luka to the President of the Republic of Serbian Bosnia and Herzegovina for flood relief in the region.

A decision to provide funds was made by the Bank's Supervisory Board in December of 2014 after MiloradDodik appealed for aid. The money is to be used to reconstruct a hospital in the Serbian city ofSamac.

As a result of floods that occurred in August of 2014, the region suffered economic damage worth about 1 billion euros. Floods and rains destroyed hundreds of buildings and houses as well as dozens of bridges and automobile roads.