PD-4 PD-4 Other Public Disclosure Requirements
PD-4.1 PD-4.1 Introduction
PD-4.2 PD-4.2 Disclosure of Key Terms Relating to a Consumer Finance Agreement [This Section was deleted in October 2012 and requirements are now included in Section BC-4.2]
PD-4.2.1
[This Paragraph was deleted in October 2012]
Deleted: October 2012PD-4.2.2
[This Paragraph was deleted in October 2012]
Deleted: October 2012PD-4.3 PD-4.3 Disclosure to Commercial Customers of Charges on Short-term Financing Facilities
PD-4.3.1
The content of this Section is applicable to all retail banks licensed by the CBB.
Amended October 2010
April 2008PD-4.3.2
The CBB requires all retail banks to display, by a
conspicuous notice , their scale of charges on BD short-term revolving facilities to commercial customers.Amended: April 2016
Amended October 2010
April 2008PD-4.3.3
[This Paragraph was deleted in April 2016.]
Deleted: April 2016
April 2008PD-4.3.4
Retail banks are left free to decide their own basis of charging and to make changes to it as they consider appropriate.
April 2008PD-4.3.5
Retail banks must display a list of current charges including any standard charges and commissions that will be applied by the bank to individual services and transactions. See Section BC-4.2 for further details.
April 2008PD-4.4 PD-4.4 Disclosure Relating to Deposit and Unrestricted Investment Accounts Protection Scheme
PD-4.4.1
The content of this Section is applicable to all retail banks licensed by the CBB.
Amended October 2010
April 2008PD-4.4.2
The CBB 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 the Annual Report, to prominently disclose the following statement:• 'Deposits andUnrestricted Investment Accounts held with [name of Islamic retail bank licensee] in the Kingdom are covered by the Regulation Protecting Deposits andUnrestricted Investment Accounts issued by the Central Bank of Bahrain in accordance with Resolution No.(34) of 2010.'Amended: April 2016
Amended October 2010
April 2008PD-4.4.3
Retail banks must, in discussions and/or correspondence with new and prospective customers, bring the Deposit and
Unrestricted Investment Accounts Protection Scheme and the protection afforded by it to the customer's notice.Amended: April 2016
April 2008PD-4.4.4
The CBB welcomes the introduction by the banks, at their discretion, of other appropriate means to promote the Deposit and
Unrestricted Investment Accounts Protection Scheme as prominently as possible.Amended: April 2016
Amended October 2010
April 2008PD-4.4.5
For detailed guidance on the Deposit and
Unrestricted Investment Accounts Protection Scheme's documentation requirements, see Chapter CP-2.Amended: April 2016
April 2008PD-4.5 PD-4.5 Press Releases Concerning Financial Statements
PD-4.5.1
The content of this Section is applicable to all
Bahraini Islamic bank licensees .Amended: April 2016
Added: July 2012PD-4.5.2
Bahraini Islamic bank licensees must obtain the CBB's prior approval before issuing any press releases regarding interim or annual financial statements.Bahraini Islamic bank licensees must not publish or cause to be published, any media statements until such times as CBB approval has been granted.Amended: April 2016
Added: July 2012PD-4.5.3
In implementing Rule PD-4.5.2, the CBB will provide the
Bahraini Islamic bank licensee with a written decision within two business days of the receipt of request for approval.Amended: April 2016
Added: July 2012
