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  • Supplementary information

    • BR-1.1.3

      In addition to the reports required in paragraph BR-1.1.2, banks are also required to submit to the Agency the following information:

      (a) The external auditors' management letter;
      (b) Audited financial statements of all subsidiaries (whether or not consolidated) and all overseas branches (including their accounting policies where these policies differ from those of the parent bank), along with their management letters;
      (c) The bank's group structure and the Bahrain office's internal organisation charts;
      (d) A list of non-performing and rescheduled loans (including name of customer, country, amount outstanding, net interest income for the year attributed to profit & loss and the reasons for attributing interest to income); and
      (e) A reconciliation statement between the audited financial statements and the relevant prudential returns and monthly statistical returns.
      (f) Report on corporate governance framework attached to year-end PIR (see Appendix BR 10 for sample report)