HowieC Posted September 10, 2022 Report Share Posted September 10, 2022 The Iraq Stock Exchange launches the guarantor bank service Yesterday, 11:34 Baghdad - INA - Mustafa Al-Hashemi launched the Iraq Stock Exchange, within its development plans, a modern technical service represented by the guarantor bank. The Executive Director of the market, Taha Ahmed Abdel Salam, said in a statement to the Iraqi News Agency (INA) that the market continues to provide services and any new development services, such as launching modern technical services such as the service of the guarantor bank during the year 2022. Abdel Salam pointed to the launch of the online trading service - for investors, as well as the continuation of developing laws and rules in accordance with international standards, in addition to encouraging the private sector to establish new joint stock companies in various economic sectors and attracting national and foreign capital. The activity of joint stock companies by the sectoral authorities and the evaluation of their implemented plans and their support by technical, legal and procedural means to achieve profits, and distribute profits to shareholders. 3 4 3 3 Quote Link to comment Share on other sites More sharing options...
HowieC Posted September 10, 2022 Author Report Share Posted September 10, 2022 I would think has to be on forex very soon for this to take place? 3 1 9 Quote Link to comment Share on other sites More sharing options...
Longtimelurker Posted September 11, 2022 Report Share Posted September 11, 2022 1 hour ago, HowieC said: I would think has to be on forex very soon for this to take place? Definitely trying to comfort foreign investors 2 7 Quote Link to comment Share on other sites More sharing options...
T B Posted September 11, 2022 Report Share Posted September 11, 2022 may get like china s exchange , not for usa , maybe there getting wise we hope and get away from the usa dollar and then wham bam thank you mam ! 2 1 1 Quote Link to comment Share on other sites More sharing options...
Rochester Posted September 11, 2022 Report Share Posted September 11, 2022 13 hours ago, HowieC said: The Iraq Stock Exchange launches the guarantor bank service Yesterday, 11:34 Baghdad - INA - Mustafa Al-Hashemi launched the Iraq Stock Exchange, within its development plans, a modern technical service represented by the guarantor bank. The Executive Director of the market, Taha Ahmed Abdel Salam, said in a statement to the Iraqi News Agency (INA) that the market continues to provide services and any new development services, such as launching modern technical services such as the service of the guarantor bank during the year 2022. Abdel Salam pointed to the launch of the online trading service - for investors, as well as the continuation of developing laws and rules in accordance with international standards, in addition to encouraging the private sector to establish new joint stock companies in various economic sectors and attracting national and foreign capital. The activity of joint stock companies by the sectoral authorities and the evaluation of their implemented plans and their support by technical, legal and procedural means to achieve profits, and distribute profits to shareholders. Guarantor Bank? What Is a Guarantor? A guarantor is a financial term describing an individual who promises to pay a borrower's debt in the event that the borrower defaults on their loan obligation. Who is the guarantor? China? No American bank would do this, is my guess. Could be wrong. Iran would like that. We'll see. I'm likely wrong, just throwing baseballs in the dark...lol 2 Quote Link to comment Share on other sites More sharing options...
Longtimelurker Posted September 11, 2022 Report Share Posted September 11, 2022 2 minutes ago, Rochester said: Guarantor Bank? What Is a Guarantor? A guarantor is a financial term describing an individual who promises to pay a borrower's debt in the event that the borrower defaults on their loan obligation. Who is the guarantor? China? No American bank would do this, is my guess. Could be wrong. Iran would like that. We'll see. I'm likely wrong, just throwing baseballs in the dark...lol 😳👍 Seems like the bank feels like there won't be many businesses failing in Iraq for the foreseeable future.. why else would a bank be taking all the risk? Wow 5 1 Quote Link to comment Share on other sites More sharing options...
screwball Posted September 11, 2022 Report Share Posted September 11, 2022 The Colombo stock Market started off at 500 points and rose quickly to over 3000% with share prices increasing 250% following a 30 year civil war! It’s currently sitting at 5803 points. plenty of room for the Iraq ISX when it goes International! 7 1 Quote Link to comment Share on other sites More sharing options...
screwball Posted September 11, 2022 Report Share Posted September 11, 2022 Analysts expect the Iraq stock market to hit 13,000% it’s currently sitting at 486 points (fluctuating) big big boom coming! 1 5 3 Quote Link to comment Share on other sites More sharing options...
steveh12 Posted September 11, 2022 Report Share Posted September 11, 2022 Wish we could get in on that! 1 Quote Link to comment Share on other sites More sharing options...
Longtimelurker Posted September 11, 2022 Report Share Posted September 11, 2022 4 hours ago, steveh12 said: Wish we could get in on that! There will be many markets that will see amazing returns 👍 1 1 1 Quote Link to comment Share on other sites More sharing options...
screwball Posted September 12, 2022 Report Share Posted September 12, 2022 22 hours ago, steveh12 said: Wish we could get in on that! You can Al Karmal 1 Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.