• PD-4.3 PD-4.3 Disclosure relating to Deposit Protection Scheme

    This version of Module PD was replaced in April 2008. Click here for the current Module PD.

    • PD-4.3.1

      This version of Module PD was replaced in April 2008. Click here for the current Module PD.

      The content of this Section is applicable to all retail banks licensed by the Central Bank.

      October 07

    • PD-4.3.2

      This version of Module PD was replaced in April 2008. Click here for the current Module PD.

      The Central Bank requires all retail banks referring (directly or indirectly) to the protection of deposits in related marketing materials and in general notices featured within banking halls and in account documentation, including Annual Reports, to prominently disclose the following statement:

      •  Subject to the provisions thereof, deposits held with the Bahrain office of [name of the banking firm] are covered by the Deposit Protection Scheme established by the Central Bank of Bahrain regulation concerning the establishment of a Deposit Protection Scheme and a Deposit Protection Board'.
      October 07

    • PD-4.3.3

      This version of Module PD was replaced in April 2008. Click here for the current Module PD.

      Retail banks should, in discussions and/or correspondence with new and prospective customers, bring the Deposit Protection Scheme and the protection afforded by it to the customer's notice.

      October 07

    • PD-4.3.4

      This version of Module PD was replaced in April 2008. Click here for the current Module PD.

      The Central Bank welcomes the introduction by the banks, at their discretion, of other appropriate means to promote the Deposit Protection Scheme as prominently as possible.

      October 07

    • PD-4.3.5

      This version of Module PD was replaced in April 2008. Click here for the current Module PD.

      For detailed guidance on the Deposit Protection Scheme's documentation requirements, see Chapter CP-2.

      October 07