OCB is committed to comply with the High Level Control Module of the Central Bank of Bahrain’s Rule Book and the Corporate Governance Code issued by the Bahrain Ministry of Industry and Commerce, both of which deal with corporate governance issues.
OCB consistently seeks to achieve best international corporate governance practice and places great importance on integrity, transparency, accountability, compliance with the law and regulatory requirements, fairness and social responsibility.
OCB’s Board and Board Committee Charters provide the foundation for:
Corporate Governance Guidelines
In accordance with the Corporate Governance Code issued by the Bahrain Ministry of Industry and Commerce and the High Level Control Module of the Central Bank of Bahrain, OCB has adopted written corporate governance guidelines covering the matters included in the Code, in the HC Module and in the Public Disclosure Module. The guidelines also include other corporate governance matters deemed appropriate by OCB’s Board of Directors.
OCB’s Board Charter and the Charters of the Board’s Audit Committee, Executive Committee and Nomination & Compensation Committee include the principles of the Code and the rules of the High Level Control Module. The current Charters approved by OCB’s Board of Directors are attached below.
Board Charter
: Oasis Capital Bank B.S.C. (c) Board of Directors Charter
Executive Committee Charter
: Oasis Capital Bank B.S.C. (c) Executive Committee Charter
Audit Committee Charter
: Oasis Capital Bank B.S.C. (c) Audit Committee Charter
Nomination & Compensation Committee Charter
: Oasis Capital Bank B.S.C. (c) Nomination & Compensation Committee Charter
Shareholder Rights
Shareholder meetings
OCB’s shareholders are encouraged to attend, participate in and vote at OCB’s shareholder meetings, including the Annual General Meeting which takes place in March or April each year.
Meeting notices, agenda and Chairman’s explanatory letter
Meeting notices, agenda and the accompanying explanatory letter from the Chairman of the Board will be dispatched to OCB’s shareholders not less than 15 days before each shareholder meeting, in accordance with statutory requirements.
Shareholders may obtain copies of previous shareholder meeting notices, agenda and the Chairman’s explanatory letters upon request to OCB’s Board Secretary, whose contact details are set out below.
Proxy forms
If a shareholder is unable to attend a shareholder meeting, the appropriate corporate or individual proxy form should be completed in order to appoint the shareholder’s representative or, alternatively, OCB’s share registrars (Keypoint Consulting) to attend the meeting and vote at it on the shareholder’s behalf.
A completed, signed and dated paper copy of the appropriate proxy form should be sent to Keypoint Consulting at the address stated at the end of the shareholder meeting notice and agenda, to arrive not less than 48 hours before the commencement of the meeting.
: Oasis Capital Bank B.S.C. (c) Individual Proxy Form : English
: Oasis Capital Bank B.S.C. (c) Individual Proxy Form : Arabic
: Oasis Capital Bank B.S.C. (c) Corporate Proxy Form : English
: Oasis Capital Bank B.S.C. (c) Corporate Proxy Form : Arabic
Minutes of shareholder meetings
OCB’s shareholders are entitled to obtain a copy of shareholder meeting minutes which will be prepared in Arabic. If you would like a copy of the minutes of a particular shareholder meeting, please contact OCB’s Board Secretary, whose contact details are below.
Annual report and financial statements
After the end of each financial year, shareholders will be sent a printed copy of OCB’s annual report which sets out, amongst other matters, OCB’s balance sheet and its profit and loss account for the previous financial year, together with the reports of OCB’s Board of Directors and its auditors.
OCB’s quarterly financial statements and its annual report are published on OCB’s website.
Shareholder enquiries
