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GR-7.1.1

Past version: effective from Oct 1 2007 - Sep 30 2011.
To view other versions open the versions tab on the right.

As specified in Article 50 of the Central Bank of Bahrain and Financial Institutions Law (Decree No. 64 of 2006) ("CBB Law"), a conventional bank licenseeG wishing to cease to provide or suspend any or all of the licensed regulated services of its operations and/or liquidate its business must notify the CBB in writing at least six months in advance of its intended suspension or cessation, setting out how it proposes to do so and, in particular, how it will treat any deposits that it holds.

October 07
 Versions
(2 Versions)
 
Oct 1 2007 - Sep 30 2011Oct 1 2011 onwards
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