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I think it means if you have a job and need a bank then choose warka

Does anyone want to translate this? I like that Warka is posting more info via FB but I wish there was an English translation to all their communications.

looks good !!!!

Warka will probably be back and open for business after the General Assembly meeting. That's may take on everything that has been posted online, their website, FB, emails etc. But we know how slow things move in Iraq lol.

wow that is amazing,............. a response from Mr. I's office within 2 hours??????? that's gotta be some sort of record I dare say. I would believe based on that data, there may be some help your you needs there on a transfer if you get any takers on that then !

Crazyfrank, I sent it this morning around 10am Baghdad time and got a response from Mr Issa about 2 hours later. The response came from his email address - ifrd@warka-bank-iq.com Hope this helps you

Brazileiro, I myself can not assist you with a transfer like this. I am more interested in e-mail traffic data on this. Would you be able to share info related on response times from Warka on this. Such as how long ago you sent this request, and how long it took to get a response like you mentioned you just received something back today directly from Mr. I.?

Mike, I agree this is poor consideration for those who took the risk to invest so long ago in this bank and country. I may be in the same boat myself as there has been no response to my same questions and requests for ISX data. I assume you have recently received some correspondence or response from them on all this? and if so what email identity that responded to you? was it the 4044 address?

4-21-2018 The Central Bank of Iraq refused on Saturday to distinguish between categories of banknotes, considering discrimination a legal violation. The Central Bank said in a statement received by Alsumaria News a copy of it, "Iraqi banknotes homogeneous in various categories and the power of absolute absolutism and are accepted by the Central Bank and its branches, banks, institutions and the public." "The distinction between categories by imposing a certain category on the public or refusing to accept a certain category is unacceptable and is contrary to law," the central bank said. The current Iraqi currency consists of seven categories: 250 dinars, 500 dinars, 1000 dinars, 5,000 dinars, 10,000 dinars, 25,000 dinars and 50,000 dinars, and the coins were withdrawn by the bank for non circulation by the public.

yeah Warka wanted the paperwork very quickly yet nothing HAPPENS in Iraq quickly.

Mike, Back in the day when it was originally announced that shares could be put into your name I jumped on it. I also received both splits and Dividends that were posted to my Warka Bank account so I feel I am sitting very well. Lick your wounds and move on. If it makes you feel better I lost $250,000 in a community bank in the good ol USA which had done everything right but the feds pushed them out and forced all the money into the too big to fail banks who did everything wrong. Welcome to America. At least Warka has a second chance. Your young and chances are smart enough to rebound. Life's good.

Wonder where warka will slot into the following list https://www.relbanks.com/worlds-top-banks/market-cap

Warka closed at 1.40 or so and they offered shares at $1.00 to raise dividends, so that is how I came up with that amount.

$1 a share would be awesome

Hey Mike032588 I understand what your saying. When I saw Warka's webpage post stating clients had 15 days to get authorization complete. I said to myself .... not happening. I went through all that years ago and it took ... TIME . I know of someone who lived in that area (Washington) and did all this in person. I hope they were able to make the deadline. I also have friends who called the Iraqi Consultant and found out the lady who handle those things had quit or was gone. I'm waiting to hear if their paper work was delivered to Warka on time or if they too were part of this sell off. As far as Warka shares... they aren't trading so when they do (again) you should get hopefully at least $1.00 per share. (I say that IMO I have no proof). One thing you could do is start over with a different broker and start buying again. The bank stocks are very low right now and there are a hand full of industry stock right now trading. I use Al Karmal and would be glad to share that info with you if you like. This is probably not what you want to hear but it might be a way to cover some of your losses over all. Again I feel for you. I doubt you will get a reply since Warka will say it was announced although with an unrealistic deadline for foreign investors.

years of building...

me too !!! (damn £147k in warka, you are brave !!)

what happen to all of our free shares.... i had 250,000,000 shares of warka... what happens to that.. im so damn confused right now and i have no idea who to ask or how to get help. Thanks...

I wrote the following email... To Whom It May Concern, 12 years of holding on and in 60 days you guys sell out all the hard work I did buying into your countries top companies. Im very disappointed and frustrated in how you did that and how little notice you gave your clients... especially the ones who HELD FOR SO LONG... I have no idea what to do next. Can i have the money wired to my account? Can i repurchase shares in the ISX... Can you please help me this is crazy.. 12 year client... 50,000+ USD and this is how im treated? Please advise.

There have been many splits along the way. I tried my best to keep up with them. I think now that everyone who has requested their stock be put into their "good name" or now 14 years later into the ISX depository the tracking of this kind of things will be more automatic. Last summer when I asked for a share update from Warka I did notice several "more" shares in a few companies. I can only guess that those were from splits I had missed. All my other stocks were very close in the number of shares I thought I had purchased. After having an updated stock list I transferred all those stock to Al Karmal where it was easier to see them (daily viewing) unlike Warka who does not have any kind of ISX site for its customers to see their holding in real time. Recently I asked Al Karmal about a dividend from another bank and was told when the $ was given out they would collect it and put into my Karmal account. I do not think Warka has ever collected a dividend for me. And it that is true where did that money go? I also wonder if Warka ever collected splits from proxy share holders. All that is in the past now but I can see where Warka could of collected millions of side shares for itself. Once Warka relists their stock I will have that added to my Al Karmal portfolio. When I asked for my update last summer I asked Mr. Issa for my Warka total shares so I have an accurate amount. I too bought a lot of stocks back in the day and a few of those companies have gone belly up and no longer trade on the ISX. Currently there are about 50 companies listed trading but not that many actually do. The ISX http://www.isx-iq.net site has all the info you need to see what is still trading or is suspended. If your stock is in your name I would think you already have an ISX number. I would ask Warka for an updated stock list. When I received mine from Warka it was stamped from the ISX , no more excel spread sheets from Warka.

Hello James, We both joined in the Summer of 2004. I don't think that there are very many still active in '04. Anyway, thanks for passing down good information to everyone. James, Over the early years, I have purchased every Iraqi stock that was open for purchasing. I put every company stock in my name even though it seemed more expensive to do that. I believe that I should have hundreds or thousands of split shares on what I purchased back from the start. Please let me know what options may be available. Thanks James. Carter - (dinar shore)

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thanks for the info James! With this being done maybe we are much closer to the General Assembly meeting and a grand re-opening for Warka!

I can verify that proxy shares have been sold and deposited into accounts at WARKA BANK. My brother had a few companies in proxy. He decided not to have them put in his good name. Therefore he was releasing them to be sold. Today he showed me three companies that were sold and then redeposited into his Warka account.