Book traversal links for Article 6
Article 6
No: M/5 | Date(g): 11/6/1966 | Date(h): 21/02/1386 | Status: In-Force |
The deposit liabilities of a bank shall not exceed fifteen times its reserves and paid-up or invested capital. If the deposit liabilities exceed this limit, the bank must within one month of the date of submission of the statement referred to in paragraph 1 of Article 15, either increase its capital and reserves to the prescribed limit or deposit fifty percent of the excess with SAMA.