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PCD-A.2.9

Significant investments include investments in:

(a) Licensed banking, securities1 or other financial entities from 20% to 50% of the investee's capital;
(b) Insurance entities of 20% or more of the investee's capital; and
(c) Commercial entities of 15% or more of the bank's capital.

1 Securities entities include category one and category two investment firms incorporated in Bahrain and equivalent entities incorporated outside Bahrain.

October 2010