1) Entities other than Banks licensed in accordance with the provisions of this decretal law may not use, in their business addresses or advertisements, the expressions “Bank”, “Masraf” or any other expression derived therefrom or similar thereto, in any language, and in any way which may mislead the public as to the nature of their business.

2) The following entities shall be not be subject to the provisions of item (1) of this article:

1. a. Monetary authorities and Central Banks.
2. b. Any federation or association established for protection of Banks’ interests.
3. c. Any other institution exempted by the Board of Director.