New CBI announcement 01/28/2016

[yota691]

News & Announcements

 

• (Announcement issued by the Central Bank of Iraq) the Bank would like to announce support for the efforts to rehabilitate the Warka Bank for Investment & Finance and allow him to exercise all banking activities 
  01/28/2016

 

[sandfly]

THANKS YOTA

[captl1]

Thanks Yota and good morning. Welcome back Sandfly.

[yota691]

CBI lifted custody over Al-Warka Investment Bank (BWAI)

According to CBI’s announcement, CBI lifted custody over Al-Warka Investment Bank (BWAI). CBI announced that it is supporting the rehabilitation of the bank’s investment and financing activities. In addition, CBI allowed BWAI to continue all of its banking activities including participating in foreign currency auctions.

[gregp]

Great news!

[calkid11]

Thank you Yota

[bohica]

Please, what does this mean?

[Laid Back]

They are getting ready to go international.!

Go CBI

Go Warca

Go international

Edited January 29, 2016 by Laid Back

[tigergorzow]

Yota Thanks, LB Agree, GM DV, Yup something good is about to happen IMHO for Iraqi citizens & DV members.

Keeping the faith!!

GO RV!!

[SgtFuryUSCZ]

***///

...  We'd be absolutely gob-smacked.   

 

Gonna go into the garage n' light a candle,

kill a chicken n' throw some bones just to make

sure this is so... 

 

 

 

.

Edited January 29, 2016 by SgtFuryUSCZ

[millionaire in training]

Love it when CBI talks that way............makes me tingle all over.  

***///

...  We'd be absolutely gob-smacked.   

 

Gonna go into the garage n' light a candle,

kill a chicken n' throw some bones just to make

sure this is so... 

 

 

 

.

STEP AWAY FROM THE CHICKEN  .................what can I say Im an animal lover........

They are getting ready to go international.!

 

Do they say when ?

[davis411]

I love chicken, 

battered,

or wings, cold beer, fries and gravy.

 

I love all kinds of animals to

the kinds that produce pork, beef, steak etc

[SgtFuryUSCZ]

***///

 

Ol'Sarge'sGals are members of PETA, too DAVIS...

 

People Eating Tasty Animals !    

 

Heeere chicky, chicky, chicky...!  

[Wiljor]

Another brick in the wall so to speak. Not much for the voodoo thang gals but hey at this point let's try anything.

Much appreciated sir Yota, keep em coming brother!!!!!!

[vomer]

Hope this is a big deal.  I'm sick of dinar fatigue.

[yota691]

The central bank announced the Warka Bank to allow the exercise of banking activities after rehabilitation

 

Sunday January 31, 2016 15:06

 

 

 

    

 

Alsumaria News / Baghdad 
The central bank announced on Sunday, for allowing the Warka Bank to exercise banking activities after rehabilitation, including the entry of sale and purchase of foreign currency window. 

The bank said in a statement Alsumaria News received a copy of it was "based on the decision of guardianship for the Warka Bank lifted in accordance with the decision of the Financial Services Court No. 5 / Financial Services / 2013 in September 2013 9, and achieve the goal of monetary stability and soundness of the banking system and out of the role of the Central Bank of Iraq in maintaining the confidence of the Iraqi banking system and for the purpose of enabling the bank to fulfill its role actor with commercial banks operating in Iraq announce his support for the rehabilitation of the Warka Bank for Investment and Finance. "

 

He added that the bank "Warka Bank will be allowed to exercise all banking activities, including entering the sale and purchase of foreign currency window, similar to other banks operating in Iraq to improve its resources and service the Iraqi economy." 

The central bank announced on the fifth of March 2013 on the status of the Warka Bank under guardianship following the failure of talks with Standard Chartered Bank, which began in April 2011 to buy a stake in it after suffering a financial crisis that summoned.

[SgtFuryUSCZ]

Hope this is a big deal.  I'm sick of dinar fatigue.

***///

Now recognized by medical professionals here on our DV site as an actual real malady !   

 

Hang in there, fellow in-patient VOMER...  you're in good company... we're all here together in

our little IQD Leper Colony awaiting "the Cure"... 1 good dose of CBI RV tincture oughtta do it, brother ! 

[uncirculd]

ok, so they are off probation, and your accounts are back to being semi safe, rather less corrupt.  It does however speak to the reforms coming along as they should.

[yota691]

01/31/2016 17:30

Central bank: Warka Bank will exercise its activities after rehabilitation

 

 

 

BAGHDAD / Obelisk: the central bank announced on Sunday, for allowing the Warka Bank engage in banking activities after rehabilitation, including the entry of the sale and purchase of foreign currency window.

The bank said in a statement that 'based on the decision of guardianship for the Warka Bank lifted in accordance with the decision of the Financial Services Court No. 5 / Financial Services / 2013 in September 2013 9, and achieve the goal of monetary stability and soundness of the banking system and out of the role of the Iraqi Central Bank to maintain confidence in the banking system Iraqi and for the purpose of enabling the bank to play its role actor with commercial banks operating in Iraq announce his support for the rehabilitation of the Warka Bank for Investment and Finance '.

He added that the bank 'Warka Bank will be allowed to exercise all banking activities, including entering the sale and purchase of foreign currency window, similar to other banks operating in Iraq to improve its resources and service the Iraqi economy. "

The central bank announced on the fifth of March 2013 on the status of the Warka Bank under guardianship following the failure of talks with Standard Chartered Bank, which began in April 2011 to buy a stake in it after suffering a financial crisis that summoned.

[Candy01]

AMEN SgtFury and vomer!!!

 

:rocking-chair:

[yota691]

                                                                   Association of private banks Tsdrbaana congratulates the Warka Bank to exercise his work again and Taburan valued Central Aqraralpennek in this regard        

Economy News / Baghdad ... 

 

Congratulated the Iraqi private banks association said in a statement Sunday Warka Bank for Asttmarwaltamoal, management and associates, his return to the practice of all banking activities, according to Aqrarrf guardianship issued by the Central Bank of Iraq in this regard today and who came to the bank in Anjazaamlah Athernjah required rehabilitation. 

The statement said / Association of Iraqi private banks as Taburan appreciated and valued Highs central Iraqi Aqraralpennek, which comes in the context of continuing support for private banks, and its role Almmazvi supporting the national economy, it hopes that this Alaqrarhafsa of Warka Bank and the rest of the special Ttaiwiramkanadtha banks, and improving its resources, and Tazizdorha in nation-building, and to provide advanced banking service, Tazizthagh everyone now and in the future,

And allows the central Aqraralpennek lifting of guardianship for the Warka Bank on the basis of Aqrarqdhaia, to exercise all the usual activities of the Bank including the entry of the sale and purchase of foreign currency window, like the other banks operating in Iraq also allows its resources to improving the service of the national economy.  

The Central Bank of Iraq Orteurvi the fifth of March 2013 Warka Bank was placed under the custody of the impact of exposure to the financial crisis at the time. 

Acharaly that the Iraqi private banks association was recommended in the second Iraqi Almatmralamsrvi the support of private banks and raise them to return custody to conduct their work, and to exercise their role in strengthening the national economy.

 

 

Views 29   Date Added 01/31/2016 - 20:05   Last updated 01/31/2016 - 21:40   No. Content 1926

[ronscarpa]

Great news for those of us that have Warka accounts with millions of IQD that we formerly had no control over, but now have some hope...!  

Thanks Yota...(+1) Blessings brother....RON   

[unirod]

Does this mean they will also be traded on the ISX soon?