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  • Wolverine's Avatar
    Today, 04:39 PM
    6686 replies | 465552 view(s)
  • Brazileiro's Avatar
    Today, 02:15 PM
    I asked to buy shares in the upcoming subscription share sale as they will be in my good name and I figured if it helps them re-open quicker I'm all for it. I do believe the days of the 10.5% CD are gone. Maybe see 7% again but we'll see. I figure withdrawals/wire transfers, once they get the Corresponding Banks problem resolved, will have limits to prevent a mass exodus of funds. I'm hoping Warka gets their Mastercard licence back soon as that may be the best way to access our cash for awhile. Things are coming to a head though. General Assembly meeting coming soon and with it we'll see where things stand.
    4 replies | 90 view(s)
  • oldskiier's Avatar
    Today, 02:13 PM
    I'm Done !! .... 12 years is long enough... They Screwed us big time !! ... To Sell is out and not even give a report of how many they sold or for how much .... Crooks !!!
    4 replies | 90 view(s)
  • oldskiier's Avatar
    Today, 01:58 PM
    At one time my stocks were wroth 36 million Dinar ...they sold me out for 3 Million Dinar :( ............. My shares in the stocks I owned did not go down that much !!! How could they do that ...??? 11 years here :( So Sad !!
    12 replies | 386 view(s)
  • James's Avatar
    Today, 01:18 PM
    I'll be in the same boat. If mastercards or visa cards are linked to our accounts I will use it. Possibly move some money into a CD and use that yearly interest for different things. My majority of funds are in the ISX and I am with a different broker so I am hoping when I am ready to cash out it will be through a different bank. If cards are not tied to our Warka accounts then we will have to wait and see how Warka allows us to withdraw money. I asked once if Warka would transfer funds to BBOB then Karmal to add to my ISX and did not receive a reply. Looks like Warka will hang on to our funds for as long as they can.
    4 replies | 90 view(s)
  • 24mm exposed grid's Avatar
    Today, 01:14 PM
    Hello Bob, hope you're well ! I only recently started checking back in on this site, seems that things may be moving, but I'll believe it when I see it. For me, as soon as Warka are functioning again, I will be gone so fast with all of my money, you won't see me for the trail of dust behind me. Iraq has no future, Oil has no long term future, the whole case for investment and payoff targets should have came to fruition 5 years ago, yet here we all are, funds frozen having gone nowhere in over a decade. Cant believe that anyone would consider staying. So many opportunities in this world, Iraq no longer one of them. All obviously in my VHHO !!
    4 replies | 90 view(s)
  • English Bob's Avatar
    Today, 12:40 PM
    Having read the threads on Warka, could be decisions will have to be made soon. Ie, Cash out? Stay invested? Or Combo? Personally If they get debit card sorted I would stay as long as interest rate stay higher than current country I am in (UK). Guessing I could get what is out there back in interest over 5-15 years and could serve as a buffer for retirement. EB
    4 replies | 90 view(s)
  • English Bob's Avatar
    Today, 12:31 PM
    Come July this thread will be 5 years old LOL Good luck to all.
    186 replies | 43877 view(s)
  • Brazileiro's Avatar
    Today, 09:43 AM
    only 1 photo translation right now. Is from the مصرف الوركاء مودعين ومستثمرين (Warka Bank Depositors and Investors) FB page - https://www.facebook.com/groups/783060431793021/?multi_permalinks=1580252502073806&notif_id=1524465207096681&notif_t=feedback_reaction_generic&ref=notif Instructions from Warka to their employees on how to deal with other colleagues (15 ways which make you nice with your work colleagues). for the 2nd photo with the ladder this was posted as an explanation,,, this ladder's picture means nothing. (Steps for succeeding in life and work, in general)
    4 replies | 149 view(s)
  • Will-it-happen?'s Avatar
    Today, 01:39 AM
    I think it means if you have a job and need a bank then choose warka
    4 replies | 149 view(s)
  • James's Avatar
    Yesterday, 11:54 PM
    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.
    4 replies | 149 view(s)
  • Will-it-happen?'s Avatar
    4 replies | 149 view(s)
  • thebest's Avatar
    Yesterday, 08:33 PM
    WARKA A side of banking outreach to employees at the bank. Your trust in us..... our success 04-22-2018
    4 replies | 149 view(s)
  • Brazileiro's Avatar
    Yesterday, 05:35 PM
    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.
    4 replies | 133 view(s)
  • crazyfrank's Avatar
    Yesterday, 05:24 PM
    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 !
    4 replies | 133 view(s)
  • Brazileiro's Avatar
    Yesterday, 05:18 PM
    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
    4 replies | 133 view(s)
  • crazyfrank's Avatar
    Yesterday, 05:06 PM
    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.?
    4 replies | 133 view(s)
  • crazyfrank's Avatar
    Yesterday, 04:56 PM
    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?
    12 replies | 386 view(s)
  • Brazileiro's Avatar
    Yesterday, 01:20 PM
    I got a response from Mr Issa today that an internal transfer of IQD can be done from one warka clients account to another warka clients account. Warka Bank would need a transfer request form and a copy both persons ID's. I had asked if this was possible due to a personal financial problem and I need to get some cash in my US or Canadian bank account by the end of May. What I would like to do is transfer some IQD from my Warka account to your Warka account, then you transfer funds from your non-Warka bank to my US or Canadian bank account. Looking to transfer from $1k - $5k USD worth of IQD. I am more than willing to negotiate on the exchange rate if anyone is interested. If interested please send me a pm and we can email specifics. TIA, Brazileiro
    4 replies | 133 view(s)
  • BatmaninIraq's Avatar
    Yesterday, 11:43 AM
    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.
    81 replies | 10922 view(s)
  • Brazileiro's Avatar
    Yesterday, 10:22 AM
    yeah Warka wanted the paperwork very quickly yet nothing HAPPENS in Iraq quickly.
    12 replies | 386 view(s)
  • opportunist's Avatar
    Yesterday, 03:39 AM
    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.
    12 replies | 386 view(s)
  • Will-it-happen?'s Avatar
    Yesterday, 02:04 AM
    Wonder where warka will slot into the following list https://www.relbanks.com/worlds-top-banks/market-cap
    12 replies | 386 view(s)
  • James's Avatar
    Yesterday, 12:36 AM
    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.
    12 replies | 386 view(s)
  • Investors Iraq News's Avatar
    04-21-2018, 11:33 PM
    GardaWorld, a global leader in comprehensive security and risk management, has made its weekly security report available to Iraq Business News readers. Prepared by GardaWorld’s Risk Analysis Team in Iraq, this essential report includes short- and medium-term outlooks on the security situation, reports and commentary on recent significant events, and a detailed overview of developments across the country. Please click here to download the latest report free of charge. For more information on how GardaWorld’s services can support your business in Iraq, please contact Daniel Matthews, Senior Director Iraq, at daniel.matthews@garda.com Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 44 view(s)
  • Will-it-happen?'s Avatar
    04-21-2018, 10:27 PM
    $1 a share would be awesome
    12 replies | 386 view(s)
  • James's Avatar
    04-21-2018, 09:30 PM
    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.
    12 replies | 386 view(s)
  • mike032588's Avatar
    04-21-2018, 09:28 PM
    years of building...
    12 replies | 386 view(s)
  • Will-it-happen?'s Avatar
    04-21-2018, 07:37 PM
    me too !!! (damn 147k in warka, you are brave !!)
    12 replies | 386 view(s)
  • mike032588's Avatar
    04-21-2018, 02:07 PM
    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...
    12 replies | 386 view(s)
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