PDA

View Full Version : Warka Bank in Djibouti



anele
01-04-2012, 11:59 AM
On the sidelines of the opening of branch of the Warka Bank for Investment and funding Iraqi Djibouti, who translated his career, which began in 1999 over the speed of development and expansion of financial services to the public, which almost covers the Middle East to cross to Africa through the gateway of Djibouti to represent the bridge between capital markets and business in the Arab world, Africa and the worker's contribution significant in promoting trade between the two regions and the central player in the economic advancement of a bank for investment and financing and to stand on his career and its features and adds it to the money market and business in Djibouti and projects allied to his bank met with Director General of the Warka Bank for Investment and Finance, Mr. / Hisham ibn Turkey, and have had this dialogue: -
century / Tell us His Excellency the Director for the start of the bank and his career and his presence in the Arab arena, African and investments?
Director / Warka Bank is the first bank to my family in Iraq and the capital of Iraq 100%, and runs 125 branches in the territory of Iraq was inaugurated in 1999 and has branches in many countries of the Middle East was Our branch in Djibouti is a breakthrough which we will expand through Africa and we went to the opening of branches in each of the Comoros and Sierra Leone will be the branches of a branch of the Warka in Djibouti The Bank Group Warka in nine companies and is the factory of the group in Jordan, one of the largest tobacco factories in the Middle East Africa and there is work being to open a branch in the Free Zone in Djibouti, in addition to the companies operating in the field of construction in addition to the offices of other specialized, including the offices of brokerage for buying and selling stocks, and the Office of banking of foreign exchange, and all offices have specialized in the provision of banking services. The Bank deal significantly with all sectors of government, and mixed.
Horn / Added posed by the opening of the Bank of Warka of the capital market and business in Djibouti? Director / The addendum most important that can be recorded by the Warka Bank is to encourage investment in Djibouti, there are great efforts made ​​by the Chairman Alhaji Saad structure to bring businessmen and major investors and encourage them to invest in Djibouti, there are arrangements we made ​​with the Governor of the Central Bank of Djibouti in this regard and there are many projects will Bank-financed, and we're prepared and we will talk about the details when the time comes that I can emphasize is that these projects will contribute significantly development and economic advancement and the creation of many jobs. Horn / What will recognize services of the bank and Evzr ability to win a bet competition? Manager / in the beginning it must be pointed out that the increase in the number of banks is one of the reasons for the advancement of economic and example near the Dubai and Djibouti state services par excellence and is a locomotive carrying on her back 300 million as the province of Ethiopia and Somalia to the south of Sudan, all depends on the services and with regard to your question about what distinguishes the bank I think the most important thing we want to excel is in implementation of development projects that support the bank and leave jobs which in turn promote the economy and revive cite money and business and not an exaggeration to say to you that our bank is the bank's most exclusive in the foreign transactions of transfers and the opening credits has encouraged a lot of large companies rely on us and by definition, the large bank and selected him in foreign transactions and with respect to side investment, which is characterized by our bank we have a project for social housing that we are studying now and will see light soon as it is expected to start in March, God willing, and include professional services provided by the Warka Bank to inquire about accounts and banking services via the Internet through the service (Internet Bankeng), and by phone through the Service (Mobile Bankeng), and ATM and POS. Horn / How do you view the investment climate in Djibouti and the opportunities available? manager / investment opportunities are many in Djibouti and all the attractions available in the geographic location geostrategic important security and stability that is characterized by making the environment ideal, which can be summarized as security, political stability and strategic location which is a crossroads of three continents, openness and flexibility in the orientation of its wise leadership leading level Arab and African and international communication system developed and the presence of good infrastructure "and to encourage and welcome and support it receives the investor and the great facilities enjoyed by me predict the future brighter for Djibouti. Gamal Ahmed Dini

http://www.alqarn.dj/Display.php?HID=128&model=hiwar&a=current

panhead
01-04-2012, 04:39 PM
this is great news for all....can't see why no-one has commented on it (especially Warka investors).....this news and Trade bank issuing international Credit cards means things are finally moving!

72jae
01-04-2012, 05:53 PM
This is good more free Capital Shares Wow!!!!! Billions of Dollars. Wealthy

crazyfrank
01-04-2012, 06:00 PM
SWIFT code is a standard format of Bank Identifier Codes (BIC) and it is unique identification code for a particular bank. These codes are used when transferring money and messages between banks.

The SWIFT code consists of 8 or 11 characters. When 8-digits code is given, it refers to the primary office.
•First 4 characters - bank code (only letters)
•Next 2 characters - ISO 3166-1 alpha-2 country code (only letters)
•Next 2 characters - location code (letters and digits) (passive participant will have "1" in the second character)
•Last 3 characters - branch code, optional ('XXX' for primary office) (letters and digits)
Djibouti


Below are the SWIFT codes for all banks in Djibouti. These SWIFT codes are only the active participants who are connected to SWIFT network. The passive participant’s codes are excluded from the list.

No Bank or Institution City Branch Name Swift Code
1 BANQUE CENTRALE DE DJIBOUTI DJIBOUTI BCDJDJJDXXX
2 BANQUE DE DEPOT ET CREDIT DJIBOUTI DJIBOUTI DECDDJJDXXX
3 BANQUE POUR LE COMMERCE ET L’INDUSTRIE – MER ROUGE DJIBOUTI BCIMDJJXXX
4 CREDIT AGRICOLE – BANQUE INDOSUEZ MER ROUGE DJIBOUTI MRINDJJDXXX
5 DAHABSHIL BANK INTERNATIONAL DJIBOUTI DBISDJJ2XXX
6 INTERNATIONAL COMMERCIAL BANK DJIBOUTI DJIBOUTI ICDJDJJDXXX
7 SALAAM AFRICAN BANK DJIBOUTI ISEADJJDXXX
8 WARKA BANK FOR INVESTMENT AND FINANCE DJIBOUTI DJIBOUTI WAIVDJJDXXX

http://www.theswiftcodes.com/djibouti/

Kickabuck
01-04-2012, 09:44 PM
I personally like phrases like “The Bank Group Warka…” and “The Bank deal significantly…”

I also like panhead’s reaction, find and read his docs on the warka/rabee communication from many years ago…he knew more than most back then, no reason to doubt anything has changed.

BettingOn Iraq
01-05-2012, 06:42 AM
I never doubted Warka Bank.....it far and above the average bear!! Go Warka!

buck74
01-05-2012, 08:58 AM
Great news, thanks for posting, as always - Go Warka! :)

cowpoke
01-05-2012, 09:32 PM
http://www.investorsiraq.com/showthread.php?141690-Warka-to-enter-Djibouti-Africa

http://swiftcodes.org/bank/warka-bank-for-investment-and-finance-djibouti/

WhiteFeather
01-11-2012, 11:50 AM
Warka Bank enters Djibouti Market
11 January 2012. Warka Bank

President Ismail Omar Guelleh recently inaugurated the first subsidiary of Iraq-based Warka Bank for Investment and Finance (BWAI) in Djibouti to offer full range of banking services. The ceremony was attended by the Prime Minister Dileita Mohamed Dileita, Mr. Hichem Ben Turkia, who is Warka Bank representative, several members of government, as well as ambassadors and representatives of diplomatic corps accredited to Djibouti and representatives of international organizations.

Established in 1999 in the Iraqi capital, Warka Bank for Investment and Finance now has branches in Jordan and Lebanon and is one of Iraq’s biggest private banks. The entry of BWAI has risen the number of private banks operating in the country to a dozen. It plans to offer facilities such as transferring remittances, credit cards, personal loans, long-term finance, trade finance, structured finance and investment.
The Chief of Djibouti’s central bank, Mr. Jama Mohamoud Haid, who was also present for the occasion said this event highlighted Djibouti’s rapidly growing economy. “This second ribbon cutting ceremony of a banking institution in the space of two weeks demonstrates the vitality of the sector particularly financial and our economy in general,” he said.

He further stressed that the bank will place Djibouti in a more favorable economic position in the region and help strengthen trade relations with the Arab world. He said the central bank was providing the right environment for private banks to thrive.

“I can assure you Mr. President, the local banks tell me that their goal is also to play an important economic contribution to the creation of national wealth. And therefore , to improve the lives of our citizens the central bank of Djibouti is committed to motivate and support them in this will,” he said.
He urged international investors to take advantage of Djibouti’s position as a stable and leading regional financial, trade and transport hub. Appealing to foreign investors, he said, “a strong and stable currency, political stability, Geo-strategic position open to the outside world, a telecommunications system performance, and finally the existence of a port structure in the potential.”

“We hope that the arrival of Warka Bank in the financial Djibouti will contribute to further transform the banking landscape, making it more competitive by introducing a wider range of financial products and services, while respecting international law and regulations of the Central Bank of Djibouti which has continued to support us and advice, “he said finally.

http://www.iraq-businessnews.com/2012/01/11/warka-bank-enters-djibouti-market/

calstar
01-12-2012, 11:50 AM
Isn't AFRICOM based in Djibouti?

panhead
01-12-2012, 04:46 PM
oops ...replied to wrong thread....