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  • Evolution of the Module

    • CM-A.3.3

      Prior to the development of this Rulebook, the Agency had issued various circulars representing regulations covering different aspects of credit risk management. These circulars have now been consolidated into one module covering the credit risk management regulation. These circulars and their evolution into this module are listed below:

      Circular Ref. Date of Issue Module Ref. Circular Subject
      BC/117/95
      (partial)      		 1 Feb 1995 CM-1–CM-2 Risk Management
      OG/127/01 18 Mar 2001 CM-2.3 Developing a Sound Credit Culture
      BC/1/01
      (partial)      		 8 May 2001 CM-4.2 IAS 39
      EDBC/1/95 26 Aug 1995 CM-4.3 Re: Provisioning Policies of Branches of Foreign Banks in Bahrain
      OGD/27/88 9 Feb 1988 CM-4.4 Provisions Against Country Debt
      BC/1/01
      (partial)      		 8 May 2001 CM-4.4 IAS 39
      BC/12/01 26 Nov 2001 CM-5 The Monitoring and Control of Large Exposures of Banks Licensed by the Agency
      EDBC/128/96 4 Aug 1996 CM-6 Staff Loans
      OG/45/88 13 Mar 1988 CM-7.1 Write-Off — Credit Facility
      BC/7/01
      (partial)      		 23 Oct 2001 CM-7.1 Audited Financial Statement of Locally Incorporated Banks for the Year Ending 31 December 2001 and Subsequent Years.
      BC/8/01
      (partial)      		 22 Oct 2001 CM-7.1 Audited Financial Statement of Branches of Foreign Banks for the Year Ending 31 December 2001 and Subsequent Years.
      OG/50/92
      (partial)      		 4 Mar 1992 CM-8.1–CM-8.2 Consumer Finance
      OG/73/02 17 Feb 2002 CM-8.1–CM-8.2 Duty to Display Current Effective Rate of Interest
      BC/3/98 21 Feb 1998 CM-B.2 Basel Committee on Banking Supervision Framework for the Evaluation of Internal Controls Systems