If specific provisions against the assets of a branch are maintained in the books of its head office, the Central Bank should be advised on an annual basis and in writing (along with the information listed under Paragraph BR-1.2.3) of the amount of provisions set aside for the Bahrain branch's bad debts (and any other non-performing assets). For detailed guidance related to this subject, see Section CM-3.3.
April 2008
October 07