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  • BR-4 BR-4 Regular reporting — Monthly requirements

    • BR-4.1 BR-4.1 All licensed banks

      • BR-4.1.1

        The content of this section is applicable to all banks (or as stated otherwise) licensed by the Agency in the Kingdom of Bahrain.

      • Statistical returns

        • BR-4.1.2

          All banks, referred to under paragraph BR-4.1.1, are required to submit to the Agency (Financial Stability Directorate) the following monthly statistical returns:

          (a) Form SR-1 — 'Monthly Balance Sheet';
          (b) Form SR-2 — 'Monthly Classification of Deposits and Other Liabilities to Banks and Non-banks'; and
          (c) Form SR-6 — Monthly Survey of BD Interest Rates on Deposits and Loans (applicable to FCBs only).

          (For instructions relating to the completion of the above mentioned returns, refer to Appendix BR 1 and for returns forms refer to Appendix BR 2)

        • BR-4.1.3

          The returns included in Appendix BR 2 should be submitted to the Agency in electronic form (Excel spreadsheet) via email to erdsr@bma.gov.bh no later than the 10th of the month following the end of the relevant month. One printed copy should also be delivered to the Financial Stability Directorate by the same date.

      • Precious metals and commodities returns

        • BR-4.1.4

          [This Paragraph deleted with effect from 1 July 2006].

      • Reserve requirements

        • BR-4.1.4a

          The Banking Services Directorate will calculate the reserve requirement of each conventional bank licensee bank on a monthly basis using the figures reported in the monthly statistical report, Form SR-2 (see Rule BR-4.1.2 above) and will notify each bank of its required reserve (if any).

        • BR-4.1.4b

          The monthly reserve requirements will be calculated as 5% of the total of a conventional bank licensee's BD deposits from non-banks and the BD Certificates of Deposit that it has issued to customers.

        • BR-4.1.4c

          Reserve requirements, because of their scope of coverage (cf. Rule BR-4.1.4b), generally only apply to conventional retail bank licensees. They may apply, however, to conventional wholesale bank licensees, if they undertake on-shore business (cf. Section LR-1.2).

    • BR-4.2 Full commercial banks

      [This section deleted 07/2006]

    • BR-4.3 BR-4.3 Locally incorporated banks

      • BR-4.3.1

        The content of this section is only applicable to locally incorporated banks.

      • Directors' interests in the shares of locally incorporated banks listed on the Bahrain Stock Exchange

        • BR-4.3.2

          All locally incorporated banks listed on the Bahrain Stock Exchange are required to report to the Capital Markets Supervision Directorate of the Agency the following information, on a monthly basis, relating to their Directors:

          (a) the number and type of interests of each Director in the shares (i.e. whether by shareholding, options etc.) of all such banks in which the respective Directors have interests in and the rights associated with such interests;
          (b) the date on which, and manner in which, such interests were acquired or disposed of (as the case may be);
          (c) the acquisition price paid, or disposal price received, for such interests; and
          (d) the person(s) from, or to, whom the interests in such shares were acquired or disposed (as the case may be).

        • BR-4.3.3

          The information required in paragraph BR-4.3.2 above should be submitted to the Agency no later than 15 days following the end of the relevant month.