LM-12.4.12
Past version: Effective from 01 Aug 2018 to 31 Dec 2019
To view other versions open the versions tab on the right
Table (1) below summarizes the components of each of the ASF categories and the associated maximum ASF factor to be applied in calculating a bank's total amount of available stable funding.
Table 1: Summary of Liability Categories and Associated ASF Factors
| ASF Factor | Components of ASF Category |
| 100% |
• Total regulatory capital (excluding Tier 2 instruments with a residual maturity of less than 1 year);
• Other capital instruments and liabilities with an effective residual maturity of 1 year or more;
• Deferred tax liabilities with a residual maturity of 1 year or greater; and
• Minority interest with a residual maturity of 1 year or more. |
| 95% | Stable demand deposits, saving deposits and term deposits with a residual maturity of less than 1 year provided by retail and small business customers. |
| 90% | Less stable demand deposits, saving deposits and term deposits with a residual maturity of less than 1 year provided by retail and small business customers. |
| 50% |
• Funding with a residual maturity of less than 1 year provided by non-financial corporate customers;
• Operational deposits;
• Funding with a residual maturity of less than 1 year from sovereigns, PSEs, and multilateral and national development banks, Bahrain's Social Insurance Organization and GCC PIFs (where the PIF is a controller of the bank);
• Other secured or unsecured funding with a residual maturity between 6 months and less than 1 year not included in the above categories, including funding provided by central banks and financial institutions;
• Deferred tax liabilities with a residual maturity of between 6 months and less than 1 year; and
• Minority interest with residual maturity between 6 months and less than 1 year. |
| ASF Factor | Components of ASF Category |
| 0% |
• All other liabilities and equity not included in the above categories, including liabilities without a stated maturity (with a specific treatment for deferred tax liabilities and minority interests);
• NSFR Shari'a-compliant hedging contract liabilities net of NSFR Shari'a-compliant hedging contract assets if NSFR Shari'a-compliant hedging contract liabilities are greater than NSFR Shari'a-compliant hedging contract assets; and
• 'Trade date' payables arising from purchases of financial instruments, foreign currencies and commodities. |
August 2018