VOL. XXXI
NO. 25
28-MARCH-1988
Financial and Banking News
REGIONAL BANKING
BMA Sets Guidelines for Sovereign Loan Provisioning
The Bahrain Monetary Agency (BMA) has laid down a set of guidelines for allBahrain-incorporated banks (including local offshore banks) to determine theappropriate level of provisioning to be taken against sovereign loans which aresubject to rescheduling negotiations or have been non-performing. The BMAguidelines are very similar to the framework introduced last year by the...
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