The Capital Market Authority announces the issuance of a CMA Board resolution numbered (5-36-2011) and dated 16/1/1433H corresponding to 11/12/2011 to impose a penalty of SR 50.000 ( Fifty Thousand Saudi Riyals)  on Bank Al Bilad due to it’s violation of clause (A) of Article (9) of the Corporate Governance Regulations. The Board of Directors’ report ,attached with the annual financial statements for the fiscal year 2010, did not include what has been applied from the Corporate Governance Regulations and the provisions that were not applied and the reasons behind that.