LR-2.1.1

Past version: Effective from 01 Apr 2008 to 30 Sep 2010
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The legal status of a conventional bank licensee must be:

(i) a Bahraini joint stock company (BSC); or
(ii) a branch resident in Bahrain of a conventional bank incorporated under the laws of its territory of incorporation and authorised as a bank in that territory.
October 2007