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  • CA-1.2 CA-1.2 Minimum Capital Requirements

    • Key Requirements

      • CA-1.2.1

        Licensees must ensure that, at all times, their Minimum Capital meets the requirement stipulated in Rule CA-1.2.2 below.

        October 2010

      • CA-1.2.2

        Minimum Capital Requirements are:

        (a) Paid-up Capital of not less than BD500,000;
        (b) Additional Paid-up Capital of BD30,000 for each branch; and
        (c) A Bank Guarantee of not less than BD50,000.
        Amended: January 2011
        October 2010

      • CA-1.2.3

        For those licensees authorised prior to 1st January 2011, the minimum paid-up capital noted in Subparagraph CA-1.2.2 (a) must be not less than BD200,000. In addition, such licensees must comply with Subparagraphs CA-1.2.2 (b) and (c).

        January 2011