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Article 20

No: M/36 Date(g): 26/11/2020 | Date(h): 11/4/1442 Status: In-Force
To achieve its objectives and carry out its duties, as required by the nature of its business, the Bank may: 
 
1.enter into bilateral or multilateral agreements relating to monetary, regulatory, or oversight policies, in accordance with statutory procedures;
2.conclude agreements with other central banks; similar foreign supervisory or oversight entities; or relevant international institutions, organizations, and councils, in accordance with statutory procedures;
3.cooperate and coordinate with foreign counterparts for the purpose of exchanging information or carrying out supervisory and oversight visits related to financial institutions; and
4.carry out monetary and financial operations and open accounts with other central banks and local, foreign, regional, and international monetary and financial institutions.