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Article (103): Maximum Limits of Operations

Fed Law 14/2018 Issued on 1/10/2018

The Central Bank may set maximum limits to which deposit-taking Licensed Financial Institutions shall adhere to in their operations, which include the following:

1) The maximum amount of total deduction operations or loans and advances the Licensed Financial Institution is allowed to conduct, as of a certain date.

2) The maximum amount the Licensed Financial Institution may lend to a single Person, relative to the Person’s own funds.

3) Any other limits the Central Bank may determine.