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James
12-30-2016, 01:53 PM
I received my yearly interest from Warka . It was posted 12/29/16 .

investindinar
12-30-2016, 03:27 PM
I received my yearly interest from Warka . It was posted 12/29/16 .

Mine is in savings and I received the second installment of 4% compounded semi-annually.

I honestly believe that things will turn around this coming year.

investindinar

RogueTurtle
12-30-2016, 03:54 PM
Got mine also.

Brazileiro
12-30-2016, 05:51 PM
did anyone get the proper interest? Rates for iqd savings is 5% annually and usd savings 2% annually. So 2.5% and 1% every 6 months. I got 1.26% and .5%.

Went back and subtracted the amount from the supposed warka audit from my end of 2015 balance, and it looks like I got 3.62% on my iqd account for 2016. Not quite the 5% per year they have listed on their website.

Will-it-happen?
12-30-2016, 06:09 PM
....................

Will-it-happen?
12-30-2016, 06:11 PM
I got 1.25% on my iqd account

Plus am still waiting 3 or 4 years dividends from baghdad soft drinks

SamsonGold
01-01-2017, 02:25 AM
How do you get logged in to view your account?

Will-it-happen?
01-01-2017, 05:02 PM
How do you get logged in to view your account?

https://onlinebanking.warka-bank-iq.com/IBS/index.jsp

SamsonGold
01-03-2017, 01:55 AM
Thanks. I've seen (This server could not prove that it is onlinebanking.warka-bank-iq.com; its security certificate expired 112 days ago. ) this error message for a few months and was reluctant to go there. I went to the advanced link and tried it anyway. I see that you can actually get there from here. lol Glad to see Warka still exists.

SamsonGold
01-03-2017, 01:56 AM
Are you getting a dialog with them about stocks?

James
01-03-2017, 09:47 AM
I asked for a stock update last year. All the stocks on the list they sent were accurate.

Brazileiro
01-03-2017, 03:15 PM
I sent an email asking about the interest rates I received and will post any response. The email was read today.

What If....
01-03-2017, 08:00 PM
I asked for a stock update last year. All the stocks on the list they sent were accurate.





Did they include proxy shares?

James
01-03-2017, 10:40 PM
I received all my share in my good name. I do not believe I have any stocks in Proxy as I have sent all necessary paper work, years ago. I did received share increases in many of my stocks last year (12/20/15). I sent a current request this week to compare the results from this past year. i am waiting a response.

calstar
01-05-2017, 02:23 AM
Good work James. I found my paper work from the Iraqi Embassy to enter the ISX.

Brazileiro
01-20-2017, 09:54 AM
No response from Mr I to a couple emails asking about the interest rates given on savings accounts even though the emails were read.


I sent an email asking about the interest rates I received and will post any response. The email was read today.

James
01-21-2017, 11:51 AM
This is from the Warka Bank page under the Bank Charges tab

Interest Paid Annually on Savings Accounts

IQD savings accounts 5% per year
USD savings accounts 2% per year


Certificate of Deposits (IQD)

6 months CD 5.5%
1 year CD 7%

Brazileiro
01-21-2017, 07:49 PM
yes I know that is what is on the Warka Bank website however as per my post on 30 Dec that is not what I received for 2016. I received 3.62 on iqd account and 1.4% on usd account. The rates I received were included in my emails to Mr I and I have not had any response yet.


This is from the Warka Bank page under the Bank Charges tab

Interest Paid Annually on Savings Accounts

IQD savings accounts 5% per year
USD savings accounts 2% per year


Certificate of Deposits (IQD)

6 months CD 5.5%
1 year CD 7%

haggisbasher
06-24-2017, 07:06 PM
Warka Bank have just paid capitalized interest on a account into my mythical ghost account, it looks like approx. 1.2 % on savings not much considering total in account but better than S.F.A

Brazileiro
06-24-2017, 09:22 PM
got mine too hb,,,,about 1/4 of what is advertised on the website when it should be 1/2 for 6 months,,,

calstar
06-24-2017, 11:04 PM
Hey are the security features on Warka Online Banking working?

haggisbasher
06-25-2017, 06:45 AM
Hey calstar I tried some weeks back on my mobile phone and I got through to Warka web site without any warning of security but when I tried again it had a warning up so at the moment in time it recommends not to open.

calstar
06-25-2017, 01:48 PM
Thanks for the info.

mcdan
06-26-2017, 05:03 PM
FYI Warka paid the interest 7 days early

Brazileiro
06-27-2017, 02:20 AM
FYI Warka paid the interest 7 days earlyDid anyone get the correct interest rate? I didn't this time nor in December and Mr I never responded to my emails regarding it.

investindinar
06-27-2017, 05:36 PM
Did anyone get the correct interest rate? I didn't this time nor in December and Mr I never responded to my emails regarding it.

I noticed the same thing going back to June 2016. I tried sending detailed messages to Mr. I several times (four!) regarding this particular issue, but I've never received a response from anyone in the bank.

It seems that while they're advertising a 5% interest rate on their savings accounts for IQD holders, they're actually crediting the same rate as they would for USD holders (2.0%), even though my account says 'IQD', not 'USD'.

I've calculated the interest credited to my account and it comes out to a little more than 2%; it actually comes out to 2.5% compounded semi-annually, but who's complaining?

I think since I've asked them about half a dozen times to convert my money to USD, and repatriate my balance through a wire transfer back to the US, they just forgot to change the denomination from IQD to USD.

That might explain why they're charging me the interest normally credited to USD accounts.

Then again maybe not.

investindinar