Definitions and Aggregate Limit on Large Exposures
CM-2.5.1
A ‘large
exposure ’ is anyexposure to acounterparty or a group of closely relatedcounterparties which is greater than, or equal to, 10 percent of the reportingBahraini conventional bank licensee ’s Total Consolidated capital but excluding intragroup exposures.Added: June 2022CM-2.5.2
CBB requires that any large exposure, as defined in Paragraph CM-2.5.1, must have a prior approval by the
Bahraini conventional bank licensee 's Board of Directors unless the exposure was incurred within the specific borrower limits for which thelicensee has prior Board approval.Added: June 2022