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Islamic Finance Briefing - Categorized | Banking, Compliance, Tax, Legal, Regulatory more

CBB is set to implement new liquidity regulations

Posted on 01 October 2009

From Gulf-daily-news.com: The Central Bank of Bahrain (CBB) plans to implement an overhaul of its liquidity management rules for banks during the fourth quarter, and will offer grace periods to banks to comply, an official said yesterday.

The CBB, which oversees a regional banking centre catering mostly to the oil wealth accumulated in the region, is currently in a consultation process with banks on the new rules………………..Full Article: Source

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