Nasdaq and the Iraq Stock Exchange Signs New Market Technology Agreement

[yota691]

Growing capital of private banks in Iraq by 15%

economy

 Since 02/01/2017 14:09 pm (Baghdad time)

BAGHDAD - balances News

Revealed Association of private banks, on Monday, for the attainment of the private banks operating in the Iraqi capital of 8 trillion dinars and an increase of 15% from last year, saying it accounted for 78.2% of the total Iraqi banking sector and capital.

The executive director of the Association of private banks, Ali Tariq vacationer, in a press statement, received / balances News / copy of it, that "the number of private banks in Iraq, 55 banks, including trade, investment and financing and Islamic banks and branches of Arab and foreign banks reached their capital as of 31/12 / 2016 up to 8 trillion dinars and an increase of 15% from last year, especially as it accounted for 78.2% of the total banking sector and capital. "

He added that "for the purpose of accessing banking density to the top of the current percentage is expected that the money and assets capital go up in 2017 to good growth rates in the light of the central bank holiday, a number of Islamic banks, which will lead to a rising number of banking products and services in the introduction to the public in the same year ".

He predicted vacationer, that "there is a significant increase in the number of open accounts with private banks from within the project of resettlement of civil servants' salaries in the banking sector as well as the growing interest in electronic payment cards of private banks are Isier they provide to citizens," .anthy 29 n / 10

[jeepguy]

2 minutes ago, yota691 said:

"there is a significant increase in the number of open accounts with private banks from within the project of resettlement of civil servants' salaries in the banking sector as well as the growing interest in electronic payment cards of private banks are Isier they provide to citizens

  no kidding  their  ol` banker guy ,  every one is getting a bank account , even if they do not want it !  them , those , lil`  credit /debit  cards every one is getting  , seems too point at  that fact ... 

 

5 minutes ago, yota691 said:

private banks operating in the Iraqi capital of 8 trillion dinars and an increase of 15% from last year, saying it accounted for 78.2%

 that is  a  camel full of  cash alright !  8 trillion  ,  I wonder if this ,  is  going to be a reoccurring event  every month ?   or was there a one time payment from the budget into the accounts of Iraqi`s ?  { if it is 1 time event  , then I would say ,   we need too look at the news, too see how fast the cash disappears  from the banks  ,from the use of the smart cards ! }   I am hoping , that  there might be  more deposits   every month ,  and bring a need for  more dinars too hit the streets ...  for commerce  , in buying and selling  at  the  street markets ...

[SgtFuryUSCZ]

***///  Okay, ya got enough to cover the RV.... let's go, c'mon now, chop, chop...!

[jeepguy]

2 minutes ago, SgtFuryUSCZ said:

***///  Okay, ya got enough to cover the RV.... let's go, c'mon now, chop, chop...!

hahahaha  maybe they are waiting for those insiders too grab their "unearned share before they can do a cover  " 

[SgtFuryUSCZ]

***/// not so long as the UST / FED Auditors are there to 'follow da money !...."

Gotta prove they can play on the field wit da big boyz or "no international status for you, Iraq !.."

[jeepguy]

1 minute ago, SgtFuryUSCZ said:

***/// not so long as the UST / FED Auditors are there to 'follow da money !...."

Gotta prove they can play on the field wit da big boyz or "no international status for you, Iraq !.."

good point !  forgot  that  international guys are there , watching and counting

[SgtFuryUSCZ]

***///  Sure... all those elite global banksters gotta have them there 'representin'... followin' dat money....

 

[yota691]

Banks and industry shares index rises Iraq at the end of trading

General index to rise 0.63% in the first 2017 sessions - the image of Reuters Arabian Eye

 

 January 2, 2017 15:43

Direct: General Index ended the Iraq Stock Exchange trading on Monday, the first sessions in 2017, gaining the support of banks and industrial shares.

General index recorded a growth rate of 0.63%, reaching the level of 653.57 points, recording a profit of more than 4 points, compared with a closing session last Monday.

And it contributed to the rise in the index of banks and industrial shares, where the meeting witnessed high 16 stocks, including seven shares of banks, and 3 for the industry.

Issued shares Commercial Bank soaring 6.25%, followed by Bank of Assyria by about 5.9%, then the Gulf Commercial Bank rose 4.44%.

In contrast, 6 shares fell on top of the Tigris and Euphrates Bank by 7.14%, followed by Iraq for the production and marketing of meat by about 6.25%, then the Baghdad Hotel at a rate of 6%.

The decline in the volume of trading today to 1.3 billion shares compared with 1.5 billion shares the previous session, as liquidity shrank to 827.24 million dinars, compared with 1.2 billion dinars a hearing on Monday.

[yota691]

Association of private banks reveal growing capital of private banks in 2016

 

 

Economy News / Baghdad ...       The Iraqi private banks association, on Monday, for the attainment of the private banks operating in the Iraqi capital of 8 trillion dinars and an increase of 15% from last year, saying it accounted for 78.2% of the total Iraqi banking sector and capital.    The executive director of the Association of Private banks Ali Tariq vacationer, in a statement, "Economy News" received a copy of it, that "the number of private banks in Iraq, 55 banks, including trade, investment and financing and Islamic banks and branches of Arab and foreign banks reached their capital as at 12.31.2016 up (8) trillion dinars and an increase of 15% from last year, especially as it accounted for 78.2% of the total banking sector and capital. "    He added that "for the purpose of accessing banking density to the top of the current percentage is expected that the money and assets capital go up in 2017 to good growth rates in the light of the central bank holiday, a number of Islamic banks, which will lead to a rising number of banking products and services in the introduction to the public in the same year ".    He predicted vacationer, that "there is a significant increase in the number of open accounts with private banks from within the project of resettlement of civil servants' salaries in the banking sector as well as the growing interest in electronic payment cards of private banks are Isier provided to citizens that".         mm
Views 101   Added 02/01/2017 - 14:43   Last updated 02/01/2017 - 15:49   No. Content 6320

[olivesman]

YESSSS!

[SgtFuryUSCZ]

17 minutes ago, yota691 said:

Banks and industry shares index rises Iraq at the end of trading

 

 

***/// Also known as "Trump Bounce"....

[yota691]

Sums of money

Capital of private banks will rise to 8 trillion dinars in 2016

 

Author: AB 
Editor: AB 
01/02/2017 15:24 
Number of Views: 480

 

 

 

Long-Presse / Baghdad

Announced the Association of private banks, high private banks working capital by 15% through 2016 worth eight trillion dinars, as revealed that these funds make up 78.2% of the proportion of the Iraqi banking sector and capital, it suggested that the money and assets capital go up in 2017 to good growth rates .

The executive director of the Association of Private banks Ali Tariq vacationer in a statement received (long-Presse) a copy of it, that "the number of private banks in Iraq is 55 banks, including trade, investment and financing and Islamic banks and branches of Arab and foreign banks reached their capital, at the end of the year past 2016 borders ( 8) trillion dinars and an increase of 15% from last year, "noting that" the capital of those banks accounted for 78.2% of the total banking sector and capital. "

He predicted vacationer, that "the money and assets capital go up in 2017 to good growth rates for the purpose of accessing banking density to the top of the current increase, after the central bank holiday, a number of Islamic banks, which will lead to a rising number of banking products and services in the introduction to the public in the same year ".

He favored vacationer, that "there is a significant increase in the number of open accounts with private banks from within the project of resettlement of civil servants' salaries in the banking sector, in addition to the growing interest in electronic payment cards of private banks are moving to the citizens they provide."

The banking system in Iraq consists of 54 banks as well as the Central Bank and distributed by ownership between 7 state banks and 23 commercial banks, including special (9) Islamic banks in addition to the 15 branches of foreign banks.

Iraq has suffered from the financial and economic crisis as a result of lower oil prices worldwide and is a one-sided economy based on oil exports to finance its budget every year without relying on non-oil resources.

[yota691]

Banking and tourism shares soar Iraq Stock Exchange at the close

General index to rise 1.42% - the picture from Reuters Arabian Eye

 

 January 3, 2017 15:41

Direct: General Index ended the Iraq Stock Exchange trading on Tuesday, gaining the support of banks and tourism stocks.

The general index grew by 1.42%, reaching the level of 662.85 points, a winner around 9.28 points, compared with a closing session on Monday.

And it contributed to the index's rise banking and tourism shares, where the meeting witnessed high 19 stocks, including 9 shares of banks, and 5 shares for tourism.

Issued shares Ashur Bank soaring 8.33%, followed by the commercial bank at about 7.84%, and the Middle East Bank rose 6.82%.

In contrast, 3 shares fell on top of the Tigris and Euphrates Bank by 3.85%, followed by manufacturing and marketing of dates by about 3.03%, then the Hotel Ishtar at a rate of 2.26%.

And stepped quantities today to 1.95 billion shares compared with 1.3 billion shares the previous session, as liquidity rose to 1.6 billion dinars, compared to 827.24 million dinars a session on Monday.

The issue of Gulf Commercial Bank shares trading volumes of about 487.51 million shares, while Bank of Baghdad issued share liquidity by about 332.51 million dinars.

[yota691]

Iraq Stock Exchange

High value and number of shares in the stock market during the last week

 

Author: AB, ASJ 
Editor: AB 
1.15.2017 10:38 
Number of Views: 623

 

 

 

Long-Presse / Baghdad

Iraq Stock Exchange record, a remarkable increase in the value and number of shares during last week's trading sessions of 22 billion shares worth 13 billion dinars.

The executive director of the market, Taha Ahmed Abdul Salam said in an interview to the (long-Presse), said that "the market during the week organized five trading sessions in the formal market and two in the second market, and the number of listed companies in the market (97) joint-stock company, of which (70) Company It is included in the formal market and 27 companies listed in the second market, "noting that" listed companies by sectors are banks, 27, telecommunications 2, the industry 21, Agriculture 6, tourism 10, services 9, financial investment 6, Wire transfer 11, securing 5. "

He said Abdul Salam, that "the sessions witnessed trading shares of (52) in the formal market and one company in the second market to become the number of stalled companies from trading for failing to submit annual disclosure and quarterly Authority and the market (20) company, while the total number of listed shares in the market (9.333 ) trillion shares. "

He said Abdul Salam, that the "number of shares traded last week amounted to 22 billion shares compared with 7 billion shares for the week before, while the value of shares traded last week (13) billion dinars, compared to 7 billion dinars for the week, which was accepted," He pointed out that "the number of transactions executed in the last week amounted to (3786) in exchange for a deal (2270) deal of the week, which was accepted as the market index closed in the last session of the week on the (3786) points."

[Wiljor]

Iraq, January 17, 2017 

Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 12th Jan 2017).

Please click here to download a table of listed companies and their associated ticker codes.

The RSISX index ended the week at IQ1072 (+7.1%) / $1062 (+7.1%) (weekly change) (+11.7% and +12.2% YTD change, respectively). The number of week traded shares was 21.5bn and the weekly trading volume was IQD13.1bn ($10.0mn).

 

ISX Company Announcements

• According to the letter published by the CBI (dated back on Dec. 27, 2016), the electronic system for dollar distribution and the principles and standards for foreign currency purchase of the banks and money transfer companies were applied and used starting Jan. 2, 2017. The CBI’s aim is to ensure effective monitoring and commitment to money launder laws and monitor terrorism financing and requirements of auditing the purchase and sale of dollars. According to the letter sent by the CBI to Iraqi banks (dated back on Dec. 29, 2016), a study was made to evaluate banks based on the standards for the foreign currency purchases and give a rating to them based on seven criteria that have different weights and total 100 points. It was stated that banks that have less than 17% of the points set for the criteria have to fix the problems related with that criteria within three months or will be suspended from participating in the currency auctions.
• Iraqi Land Transport (SILT) will resume trading on Jan. 15, 2017 after fulfilling ISC disclosure requirements and publishing 3Q16 financial results.
• International Islamic Bank (BINT) will resume trading on Jan. 15, 2017 after fulfilling ISC disclosure requirements and publishing 3Q16 financial results.
• Al-Ameen Financial Investment (VAMF) will hold AGM* on Jan. 17, 2017 to discuss and approve 2015 annual financial results and increasing its capital through 50% rights issue to IQD1.5bn. ISX suspended trading of VAMF starting on Jan. 12, 2017.
• New shares of Zain Al-Iraq Islamic Bank for Investment (BZII) from the capital increase to IQD250bn through 150% rights issue resumed trading on Jan. 12, 2017.
• Al-Arabiya Islamic Bank (BAAI) resumed trading on Jan. 12, 2017 after fulfilling ISC disclosure requirements. The company stated that it was converted into a bank from a money transfer company, so there was no activity in 3Q16.
• A cross transaction occurred on 8.5bn shares of Mosul Bank for Development and Investment (BMFI) on Jan. 11, 2017, which represents 3.4% of BMFI capital.
• Ready Made Clothes (IRMC) resumed trading on Jan. 10, 2017 after discussing and approving 2015 annual financial results and covering 50% of the deficit of 2015.
• Asiacell (TASC) will hold AGM* on Jan. 19, 2017 to discuss and approve 2015 annual financial results. ISX suspended trading of TASC starting on Jan. 9, 2017.
• The custodian committee assigned by the CBI over Dijlah & Furat Bank for Development (BDFD) replied ISX on Jan. 8, 2017 that the committee is currently managing the bank according to CBI instructions.

 

iraq-businessnews

http://iraqdailyjournal.com/story-z14632461

[ChuckFinley]

Thanks Wiljor, not bad of a jump in any market.  

[ggdog60]

thanks

[yota691]

The stock market recorded a rise in the number and value of shares traded

History of edits:: 01/22/2017 12:22 • 71 visits readable

{Baghdad} Euphrates News Record Iraq Stock Exchange index, on Sunday, a rise in the number and value of shares traded during the last week compared to per week before.

The executive director of the market , Taha Ahmed Abdul Salam said in a statement, the agency {Euphrates News} received a copy of it today, that " the Iraq Stock Exchange systems during the week ended January 19 this five trading sessions in the formal market and one session in the second market, noting that the number of listed companies in the market amounted to 97 joint - stock company, of which 70 companies listed in the formal market, 27 companies listed in the second market. " 
He explained that " the types and number of listed companies in the market are {2 communications, industry 21, 6 agriculture, tourism 10, 9 services, financial investment 6, 11 money transfer, insurance 6}". 
He continued , saying that "last week traded through shares sessions are 51 companies in the formal market and three companies in the second market, and became the number stalled companies from trading for failing to submit annual disclosure and quarterly Authority and the market for 16 companies, and the number of shares listed on the market reached 9.483 trillion shares, either the market value of companies listed on the market amounted to 10.005 trillion dinars. " 
And that " the number of shares traded last week amounted to 49 billion shares compared with 22 billion shares for the week before, while the value of shares traded last week 's 16 billion dinars to 13 billion dinars to the week before." 
As for the number of transactions executed last week confirmed Abdul Salam , "it was a deal compared to 3071 3786 deal for the week before, and the market index closed ISX 60 in the last session of last week B707.11 point" .anthy

 

[ChuckFinley]

People has more trust in private international banks than banks owned by the state. Maybe an oppertunity to get more of that Chuncky Money off the street.  

[sandfly]

Thanks 

[yota691]

Iraq Stock Exchange

Securities confirms circulation of about a trillion dinars in 2016 and prepared by "record-breaking"

 

Author: AR, ASJ 
Editor: AR 
01.29.2017 13:57 
Number of Views: 297

 

 

Long-Presse / Baghdad

Iraq Stock Exchange confirmed, Sunday, nearly trillion dinars traded in the market during 2016, and promised "a record high" compared with previous years, and as indicated the presence of 30 investment funds with a foreigner in the market, attributed the absence of local funds to the lack of a license in Iraq bases.

The executive director of the market, Taha Ahmed Abdul Salam said in an interview (to the extent Press), that "the number of foreign investment funds listed on the market of so far 30 boxes with the absence of local investment funds for drawers," attributing the "absence of local investment funds to the absence of a license for the funds rules local investment in Iraq, contrary to what exists for foreign funds. "

Abdul Salam said that "2016 was a year with a trade typically about trillion dinars in the market, a record number compared to previous years," noting that "the increase gradually began to year-end 2016, we expect an increase in trading volume during the current year."

[DinarThug]

Iraq Stock Exchange recorded a record trading trillion dinars

http://www.shafaaq.com/ar/Ar_N.....8%A7%D8%B1

 

Iraq Stock Exchange

Securities confirms circulation of about a trillion dinars in 2016 and prepared by "record-breaking"

Author: AR, ASJ
Editor: AR
01.29.2017 13:57 
Number of Views: 129

 

Long-Presse / Baghdad

Iraq Stock Exchange confirmed, Sunday, nearly trillion dinars traded in the market during 2016, and promised "a record high" compared with previous years, and as indicated the presence of 30 investment funds with a foreigner in the market, attributed the absence of local funds to the lack of a license in Iraq bases.

The executive director of the market, Taha Ahmed Abdul Salam said in an interview (to the extent Press), that "the number of foreign investment funds listed on the market of so far 30 boxes with the absence of local investment funds for drawers," attributing the "absence of local investment funds to the absence of a license for the funds rules local investment in Iraq, contrary to what exists for foreign funds. "

Abdul Salam said that "2016 was a year with a trade typically about trillion dinars in the market, a record number compared to previous years," noting that "the increase gradually began to year-end 2016, we expect an increase in trading volume during the current year."

 

https://www.almadapress.com/link

[Lorre]

On ‎1‎/‎17‎/‎2017 at 4:19 PM, Wiljor said:

• According to the letter published by the CBI (dated back on Dec. 27, 2016), the electronic system for dollar distribution and the principles and standards for foreign currency purchase of the banks and money transfer companies were applied and used starting Jan. 2, 2017. The CBI’s aim is to ensure effective monitoring and commitment to money launder laws and monitor terrorism financing and requirements of auditing the purchase and sale of dollars. According to the letter sent by the CBI to Iraqi banks (dated back on Dec. 29, 2016), a study was made to evaluate banks based on the standards for the foreign currency purchases and give a rating to them based on seven criteria that have different weights and total 100 points. It was stated that banks that have less than 17% of the points set for the criteria have to fix the problems related with that criteria within three months or will be suspended from participating in the currency auctions.
•  

What a happy day today has become! Great news out today! No more free money for the corrupt..

Edited January 29, 2017 by Lorre

[yota691]

Iraq Stock Exchange recorded a record trading trillion dinars

 

     

 

 6 hours ago

 

 

Twilight News / Iraq Stock Exchange announced the "stock market" today announced the circulation of about one trillion Iraqi dinars over the past year 2016. 
The dollar is equal to 1181 Iraqi dinars. 
He said Executive Director of the market , Taha Ahmed Abdul Salam said in an interview responded to Twilight News, said the 2016 typical of the market, where it was trading around trillion Iraqi dinars, a record compared to previous years, and expected to increase trading volume during the current year 2017. 
He noted Abdul Salam to the existence of 30 boxes foreign investment in the market, while attributing the reasons for the lack of local investment funds to the absence of license bases in Iraq.

[yota691]

Banking stocks soar Iraq Stock Exchange at the close

Asia Cell Telecommunications Co tops soaring by about 4.40% - the image of any Arabian Reuters

 

 February 6, 2017 14:28

Direct: General Index ended the Iraq Stock Exchange trading on Monday, up 0.63%, reaching the level of 710.74 points, a winner around 4.42 points, compared with a closing session on Sunday.

And supporting the performance of the index rising 12 shares, including the shares of six banks sector.

Issued and Asia Cell Telecommunications shares soaring by about 4.4%, followed by Bank of Baghdad by 3.85%, and are eligible for insurance by about 2.99%.

In contrast, it fell 5 shares, issued by the desert of public transport increased by 4.44%, followed by manufacturing and marketing of dates by about 1.87%, then the Iraqi land transport rate of 1.79%.

It decreased trading volumes today to nearly 2 billion shares compared with 19.81 billion shares the previous session, as liquidity has shrunk to 2.5 billion dinars to 15.6 billion dinars session Sunday.

Issued shares Bank of Mosul stable at 0.510 dinars, amounts to one billion shares, while Asian shares issued torrent of liquidity by about 1.3 billion dinars.