Financial and Banking News

REGIONAL BANKING

BMA Clarifies Restrictions on Lending Limits 

The Bahrain Monetary Agency (BMA) has advised locally incorporated domestic and offshore banks that its general lending limits imposed recently are considered the maximum, and that BMA plans to negotiate separate limits for individual banks in the light of their capital structure and the time scale for any necessary adjustments. The BMA also clarified the following points: (a) the 30% of capital...