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Location: Central Bank of Bahrain Volume 1—Conventional Banks > Part A > High Level Standards > PB Principles of Business > PB-1 The Principles > PB-1.1 Principles > Principle 7 — Customer Interests > PB-1.1.7
  • Principle 7 — Customer Interests

    • PB-1.1.7

      Conventional bank licenseesG and approved personsG must pay due regard to the legitimate interests and information needs of their customersG and communicate with them in a fair and transparent manner. Conventional bank licenseesG and approved personsG , when dealing with customersG who are entitled to rely on their advice or discretionary decisions, must take reasonable care to ensure the suitability of such advice or decisions.

      October 07

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