CM-A.2.11

Past version: Effective from 01 Jan 2013 to 31 Mar 2014
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All locally incorporated banks must notify the CBB of any write-off of a credit facility, (i.e. Murabaha or any other credit facility) of an amount in excess of BD 100,000 (or its equivalent). Chapter CM-6 contains Rules relating to the write-off of credit facilities.

Amended: January 2013
Amended: July 2011
Amended: January 2011
October 2007