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Iraqi Trade Talks With Citibank To Develop Relations - Movement Of Iraqi Money Worldwide !


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6-20-2016   Newshound Guru Millionday   Article quote:  "Director General of the Trade Bank of Iraq, Faisal Sam Alheims with Conception Flannery, Managing Director of the Office of Citibank in Iraq examine how which will develop and strengthen banking relations and financial exchanges between Citibank and the Trade Bank of Iraq, as well as lifting the barriers that stand in the way of traffic and movement of money Iraqi around the world)"   SO OBVIOUSLY THIS IS THE MEETING...TO REMOVE THE BARRIERS THAT KEEP THE DINAR FROM BEING INTERNATIONALLY RECOGNIZED -- NOT BAD AT ALL -- WHOOOPOW

 

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Economy News / special 19/06/2016 - 18:12  Iraq Stock Exchange confirmed that Bahrain's Ahli United Bank bought the shares of Commercial Bank of Iraq.
 
The executive director of the market, Taha Ahmed Abdul Salam said in an interview for "Economy News", that according to the Iraqi Central Bank approval and the approval of the Securities Commission, began mediator AUB company - broker accredited to the Iraq Stock Exchange - the purchase of TBI shares in favor of the shareholder Bank Ahli United Bank of Bahrain.
 
Abdul Salam added that AUB Bahraini bank owns proportion (54.7%) of the shares of Commercial Bank, noting that the number of shares purchased amounting to 25 billion shares to become the rate after purchase (64.7%), adding that the purchase began as of the session 25 / 5/2016 and for a period not exceeding two months.
 
The number of shares bought during the sessions of 25/5 up to 31.5.2016 (3.273.625.999) shares representing the percentage (13.09%) of the total amount of stock required to be purchased (25) billion shares.
 
http://economy-news.net/content.php?id=3973
 

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6-22-2016   Newshound Guru wmawhite   Article:  "Iraqi trade talks with Citibank to develop relations – June 14, 2016"  Quote:  "as well as lifting the barriers that stand in the way of the constant movement around the world of the Iraqi dinar."  this is Citibank stating...let's lift the barriers...  Article:  "Bahrain's Ahli United Bank buys shares of TBI"  Since 2003, other banks in the region have been buying shares into the TBI...This bank (Bahrain’s Ahli United Bank) that is located in Bahrain already owned the majority of shares of the Trade Bank of Iraq. Yet, they apparently believe there is an up-side/an advantage to increasing their control over the TBI

 

6-22-2016   Newshound Guru wmawhite   They increased their shares from 54.7% to 64.7%.  Why?  ...this is very interesting news and IMO is an indicator that Iraq’s neighbors are aware of major changes coming soon from within Iraq’s financial institutions.  I have always believed that Iraq’s neighbors have their fingers on the pulse of Iraq and that they will be the first to pounce on these opportunities being created by Iraq.  This move by Bahrain’s Ahli United Bank combined with what Citibank just stated a few days ago ought to have you thinking...this is happening right in front of us...there are no secrets to this...they are announcing to the world as this is happening. 

 

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6-24-2016   Newshound Guru wmawhite  Article:  "Iraqi trade talks with Citibank to develop relations"  Quote: "...exchanges between Citibank and the Trade Bank of Iraq, as well as lifting the barriers that stand in the way of traffic and movement of money Iraqi around the world)..." here is a review of earlier news: THE REPORT THE OTHER DAY ON EU LINED UP FOR BASRA AND NOW... Article: "Baghdad confirmed its success in attracting international companies to implement investment projects... Combine this with such news as the Citibank/TBI talks and the Bahrain Bank buying up additional shares of the TBI.   If this doesn't get you excited...then...call 911!
 

 

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