BR-5.2.3

Past version: Effective from 01 Apr 2008 to 31 Mar 2014
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All banks, referred to under Paragraph BR-5.2.1, should notify the Central Bank of any write-off of a credit facility in excess of BD 100,000 (Bahraini Dinars One Hundred Thousand), or its equivalent in foreign currency and must obtain the CBB's approval for write-offs concerning certain parties connected to the concerned bank. See Section CM-6.1 for further details.

April 2008
October 07