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  • BR-3 BR-3 Regular reporting — Quarterly requirements

    • BR-3.1 BR-3.1 Locally incorporated banks

      • BR-3.1.1

        The content of this section is applicable to all locally incorporated banks licensed by the Agency in the Kingdom of Bahrain.

      • Prudential Information Returns for Islamic Banks (PIRI)

        • BR-3.1.2

          All banks, referred to under paragraph BR-3.1.1, must complete PIRI forms (see Appendix BR 4), on a quarterly basis. This form is intended to be a financial report of the bank as a separate legal entity. Banks should therefore include on it all assets and liabilities of their head office and their branches in Bahrain and abroad. Separate figures in respect of the head office or "Bahrain operations" are not required.

        • BR-3.1.3

          The forms referred to under paragraph BR-3.1.2 must be submitted electronically online to the Agency on a quarterly basis within 20 calendar days of the end of the reporting date. Effective from 2nd quarter 2006, banks are not required to submit hard copies of the returns.

        • BR-3.1.4

          These forms are divided into five sections. Each reporting section is supplemented with guidelines for completion under Appendix BR 3. Further requirements and guidance relating to the contents of these forms are also set out under various Modules of the Rulebook. Reporting sections and their corresponding requirements and guidance (where applicable) are set out as below:

          (a) Section A — Capital Adequacy: see Module CA;
          (b) Section B — Asset Quality: see sections CM-2, CM-4 and CM-5;
          (c) Section C — Management of Investment Accounts: see section HC-5.4;
          (d) Section D — Earnings Quality; and
          (e) Section E — Liquidity: see section LM-1.

        • BR-3.1.5

          The references made in paragraphs BR-3.1.4(a) to (e) should be read in conjunction with the guidelines set under Appendix BR 3 and referred to while completing the PIRI forms set under Appendix BR 4.

      • Financial information

        • BR-3.1.6

          All banks, referred to under paragraph BR-3.1.1, should submit their reviewed (unaudited) quarterly financial statements to the Agency within 60 days from the statement date.

      • Compliance

        • BR-3.1.7

          The statements mentioned under paragraph BR-3.1.6 should be in compliance with the requirements set out under section PD-3.1.

    • BR-3.2 BR-3.2 All licensed banks

      • BR-3.2.1

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

      • Statistical returns

        • BR-3.2.2

          All banks, referred to under paragraph BR-3.2.1, are required to submit the following quarterly statistical returns to the Financial Stability Directorate of the Agency:

          (a) Form SR-3 — 'Quarterly Balance Sheet by Country and Class of Customer';
          (b) Form SR-4 — 'Quarterly Balance Sheet by Currency';
          (c) Form SR-5 — 'Quarterly Classification of Loans and Advances to Domestic Non-banks'.

          (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-3.2.3

          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 quarter. One printed copy should also be delivered to the Financial Stability Directorate by the same date.