Sounds amazing , translation anyone ?
Last edited by thebest; 05-16-2016 at 03:58 PM.
Al-Warka Bank Mr. Saad al-Bunnia We are giving you a chance to make good profits because once the country has returned to normal and foreigners can buy shares, believe me, nobody will be able to grab a handful of shares.
THEBEST Remember if CG acted like vultures. No matter that appear to try to help us. They’re vultures.
Sounds amazing , translation anyone ?
I also checked the erbil stock exchange in facebook and its being updated as well.since 2014 nothing there!!
The date from the ISX is today and it says " cancellation Warka Bank for Investment and Finance inclusion"
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!!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.
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
MONEY NEVER SLEEP$
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, 2016
ISX 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.