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View Full Version : Write - off of Warka Bank for Investment and the inclusion of funding 05-16-2016



thebest
05-16-2016, 03:49 PM
150

151

http://www.isx-iq.net/isxportal/portal/storyDetails.html?storyId=3647

http://www.isx-iq.net/isxportal/files/story0_116_5_1_10_1_17.pdf

Will-it-happen?
05-16-2016, 04:04 PM
Sounds amazing , translation anyone ?

pirata
05-16-2016, 04:04 PM
I also checked the erbil stock exchange in facebook and its being updated as well.since 2014 nothing there!!

Will-it-happen?
05-16-2016, 04:20 PM
I also checked the erbil stock exchange in facebook and its being updated as well.since 2014 nothing there!!

an ancient link ?

its got todays date (16th May 2016)

Will-it-happen?
05-16-2016, 04:41 PM
The date from the ISX is today and it says " cancellation Warka Bank for Investment and Finance inclusion (http://www.isx-iq.net/isxportal/portal/storyDetails.html?storyId=3647)
"

RogueTurtle
05-17-2016, 09:41 AM
Letter is from the ISX to the CBI, regarding Warka Bank , dated on May 8, 2016, informing them that Warka Bank can not trade their stock at the Iraqi stock exchange until they abide by the new regulations issued in 2015.

Positive Info, at least it sounds like they are trying to get relisted. Not sure what "new regulation" they are referring to.

pirata
05-17-2016, 11:48 AM
Letter is from the ISX to the CBI, regarding Warka Bank , dated on May 8, 2016, informing them that Warka Bank can not trade their stock at the Iraqi stock exchange until they abide by the new regulations issued in 2015.

Positive Info, at least it sounds like they are trying to get relisted. Not sure what "new regulation" they are referring to.
Thank you,thank you!!

Will-it-happen?
05-17-2016, 04:17 PM
no mention on warka website as yet tho

What If....
05-17-2016, 09:42 PM
no mention on warka website as yet tho

From their website



The Central Bank of Iraq expresses its warm greeting,

We would like to inform that as part of the Warka Bank rehabilitation plan
the Central Bank of Iraq hereby approves the practice of all your banking
activities in accordance with your banking licenses issued by the Central
Bank of Iraq in accordance with Central Bank of Iraq bylaws and
regulations which includes the entry into the CBI bid auction for the
purchase and sale of foreign currency.

Best regards,

Salman Eidan Abdullah

Director General

RogueTurtle
05-18-2016, 11:36 AM
And this from Rabee Securities; http://www.rs.iq/iraq_news/index/isx

ISX replied CBI query for the status of Al-Warka Investment Bank (BWAI) on May 16, 2016ISX replied CBI query for the status of Al-Warka Investment Bank (BWAI) on May 16, 2016. ISX said that BWAI is delisted from the ISX and need to fulfill the listing requirements to be relisted.

Will-it-happen?
05-18-2016, 02:00 PM
Last news update on Warka website is 11th April 2016

James
05-19-2016, 12:57 PM
And this from Rabee Securities; http://www.rs.iq/iraq_news/index/isx

ISX replied CBI query for the status of Al-Warka Investment Bank (BWAI) on May 16, 2016ISX replied CBI query for the status of Al-Warka Investment Bank (BWAI) on May 16, 2016. ISX said that BWAI is delisted from the ISX and need to fulfill the listing requirements to be relisted.

http://www.isx-iq.net/isxportal/files/New%20Microsoft%20Word%20Document114_10_0_10_41_39 .pdf

Will-it-happen?
05-20-2016, 02:02 PM
http://www.isx-iq.net/isxportal/files/New%20Microsoft%20Word%20Document114_10_0_10_41_39 .pdf

17. The company should publish its financial statements of article (7) above in thewebsite of ISC and ISX and in the daily newspaper before the permission oftrading its shares at ISX



still to happen