Book traversal links for Article 49
Article 49
Effective from 2019-12-10 - Dec 09 2019
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1. | Without prejudice to these Rules and the relevant instructions issued by SAMA, a Consumer Microfinance Company shall define written finance policies setting out rules and procedures for granting finance including, but not limited to, classification of creditworthiness. |
2. | A consumer microfinance company's board shall approve all finance policies and all amendments to policies and provide SAMA with a copy of these policies. |