The Central Bank Of Bahrain To Freez Accounts On The terrorism List

Dubai – (Masaader News)

The Central Bank of Bahrain (CBB) said in a statement on Sunday that it had instructed all financial institutions licensed inside Bahrain to freeze and reserve accounts, balances, deposits, investment accounts, insurance policies and any financial transactions for all individuals and entities classified as terrorists.

The resolution came after Saudi Arabia, Egypt, the United Arab Emirates and Bahrain issued a list of terrorism of 59 individuals and 12 entities.

The Bank of Bahrain requested financial institutions to provide the Central Bank with any financial information concerning these entities and individuals as soon as possible.

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