CM-4.4.13

Past version: Effective from 01 Apr 2008 to 31 Dec 2010
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Shareholders with significant ownership of the bank’s capital (i.e. 10% and above) are not allowed to obtain financing facilities from the bank (i.e. a 0% limit), however smaller shareholders will be subject to the normal exposure limits outlined in CM-4.4.5. Directors who are also shareholders (or their appointed board representatives) with significant ownership (i.e. above 10% or above) are subject to the 0% limit mentioned above.

Added: April 2008