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LR-2.5.10

Islamic bank licenseesG must maintain a minimum daily cash reserve balance with the CBB, set as a ratio of their total non-bank Bahrain Dinar funds, whether placed by way of call or unrestricted investment accounts (or similar), as well as taken through the issuance of Bahrain Dinar denominated Islamic investment certificates. The current required ratio is 5% and may be varied by the CBB at its discretion.

Amended July 09
Amended April 08
October 2007
 Versions
(2 Versions)
 
Apr 1 2008 - Jun 30 2009Jul 1 2009 onwards
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