On 7 September, Al-Ahad TV (AAH — official) reported that the Central Bank had imposed guardianship on Al-Taif Bank, opened a file concerning violations and was containing the depositors’ crisis. Its caption did not identify the violations, describe the measures for depositors or cite a Central Bank notice.
- Al-Ahad TVAAH — official07 Sept, 11:03
“The Central Bank imposes guardianship on Al-Taif Bank, opens the violations file, and contains the depositors’ crisis.”
البنك المركزي يفرضُ وصايةً على مصرف الطيف ويفتحُ ملفَّ المخالفاتِ ويحاصرُ أزمةَ المودعينَ
a Central Bank notice specifying the guardianship and violations; a repayment procedure or timetable for depositors; or a response from Al-Taif Bank; any of these moves this file.