Book traversal links for Article 6
Article 6
No: M/5 |
Effective from Jun 11 1966 - Jun 10 1966
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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.