Browse
related articles
New bank rules to spur deposit contest in Bahrain
- Bahrain: Wednesday, October 28 - 2009 at 09:19
Bankers have said that the decision by the Central Bank of Bahrain, which requires all banks to have a loan to deposit ratio of 75%, will encourage lenders to compete more for deposits and prompt them to offer higher rates to attract customers, Reuters has reported. Previously the central bank had a voluntary code for banks to have the ratio of 60-65% for most banks and 70-75% for those without large investments outside loans and it would only ask banks to lower their ratio if they were above expected levels.
Related Content
Article Options
StaffWednesday, October 28 - 2009 at 09:19 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.
Disclaimer »
Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.com
Any opinions, advice, statements, offers or other information expressed in this section of the AMEinfo.com Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / Emap Limited. AME Info FZ LLC / Emap Limited is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AMEinfo.com Web site.
For details about submitting your stories, please read the guide - all content published is subject to our terms and conditions
