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  • Prudential Information Returns

    • BR-3.1.2

      PIR Forms – All banks, referred to under Paragraph BR-3.1.1, must complete PIR forms (see Appendix BR-5), on a quarterly basis. This form is intended to be a financial report of the bank. Banks should therefore include on it all assets and liabilities of their head office and their branches in Bahrain and abroad and subsidiaries where applicable. Separate figures in respect of the head office or 'Bahrain operations' are not required.

      Amended October 2010
      January 09
      October 07

    • BR-3.1.3

      Please refer to the relevant International Accounting and Financial Reporting Standards for definitions, accounting and consolidation requirements applicable to subsidiaries.

      Amended October 2010
      January 09
      October 07

    • BR-3.1.4

      The forms referred to under Paragraphs BR-3.1.2 must be submitted to the CBB on a quarterly basis within 30 calendar days of the end of the reporting date.

      Amended: January 2022
      Amended October 2010
      October 2007

    • BR-3.1.5

      For guidance on completion of PIR, refer to guidelines under Appendix BR-4.

      Amended October 2010
      October 2007

    • BR-3.1.6

      The CBB requires all banks to request their external auditor to conduct a review of the prudential returns on a quarterly basis. The results of such review (in the form of an Agreed Upon Procedures report as shown in Appendix BR 9) must be submitted to the CBB no later than 2 months from the end of the subject quarter.

      Amended October 2016
      Amended October 2010
      January 09
      October 07

    • BR-3.1.7

      Banks which demonstrate to the satisfaction of the CBB that they have fulfilled all of the CBB's requirements with regard to Prudential Returns for at least two consecutive quarters may apply (in writing) to the CBB for an exemption from the review procedure set out in Paragraph BR-3.1.6 above. Such exemption may be withdrawn by the CBB at any time, should errors be detected.

      Amended: July 2012
      Amended: October 2010
      October 2007

    • BR-3.1.7A

      For Bahraini conventional bank licensees, all existing exemptions in respect of PIR review as at 31st December 2014 will cease.

      Added: April 2015