Posts Tagged ‘Warka Bank’

Source: Banks offense in the case of the CBI is putting pressure on the judiciary to confuse

Posted: April 6, 2013 in Iraqi Dinar/Politics
Tags: , , , , , , ,

Published on Saturday, 06 April / April 2013 22:15

Detection judicial source high-level, on Saturday evening, the pressure exercised by the banks’ offense have files with the judiciary in the case of the Iraqi Central Bank to a group of judges, while pointing to the success of banks offense to put pressure on prominent judge was instrumental in reply to cancel the tutelage of the bank to a bank.

The source told “obelisk”, “The banks’ offense has the files of the Iraqi judiciary in the case of the Central Bank of Iraq to put pressure on a group of judges,” adding that “these banks have succeeded in pressuring a prominent judges of the case.” (more…)

CBI calls for Warka Bank to deposit 200 billion dinars in order to avoid liquidation

Posted: December 31, 2012 in Iraqi Dinar/Politics
Tags: , , , , , , ,

BAGHDAD – babysit – the face of the Iraqi Central Bank issued an ultimatum to the Warka Bank for the payment of the amount agreed upon deposit of 200 billion dinars.

A statement of the Central Bank that the payment deadline expires today and according to what has been agreed
upon in the eleventh of this month, otherwise, the bank will take the necessary measures to eliminate him. (more…)

Will the Banks Get More Time?

Posted: June 21, 2012 in Iraqi Dinar/Politics
Tags: , , , , , , , , , ,

The Central Bank of Iraq’s June 30 deadline for private-sector banks to raise capital to IQD 150 billion is fast approaching. Yet of the 21 ISX-listed lenders only three—North Bank (BNOR), United Bank (BUND), and Kurdistan Bank (BKUI)—have reached the target so far. (more…)

CBI: the Committee on Trusteeship will pay depositors Warka Bank

Posted: May 13, 2012 in Iraqi Dinar/Politics
Tags: , , , , , , ,

13/05/2012 10:32

Baghdad, May 13 (Rn) – The Central Bank of Iraq, Sunday, The Committee on Trusteeship, which commissioned the study and the liquidation of the assets of the Warka Bank Ahli, who suffered a severe financial crisis is seeking as a first stage to pay depositors the bank over the assets of the bank as he emphasized that the Sergeant Financial is still studying up to now assets of the bank in order to raise the final report developed by the Central Bank. (more…)

Deputy Governor of CBI: Development Bank of Warka is undecided and waiting for the report of the Central Financial Sgt.

Posted: May 12, 2012 in Iraqi Dinar/Politics
Tags: , , , , , , ,

12.5.2012

Baghdad (news) favored the Deputy Governor of the Central Bank of the appearance of Mohammed Saleh, a report by Sgt financial on the status of the Warka Bank to the Central Bank during the next few days to know the status of the bank financial terms of its assets and financial liabilities of Foreign Affairs, to take legal action in the light of the report. (more…)

Intervene when the Iraqi government to end our suffering with Warka Bank?

Posted: May 6, 2012 in Iraqi Dinar/Politics
Tags: , , , , , , ,

Iraq to end our suffering with Warka Bank?

That is located one victim of fraud and lost his money is probably the same bear something of the responsibility because he was easy prey to fall into the trap of scammers and ideals English says, the law does not protect the ignorant, or perhaps lose his money to the incidence, however, a criminal gang working to blackmail him and the acquisition of wealth, but of the absurd one to lose his money is deposited in a bank licensed by the authorities concerned and holds a license to operate according to laws that guarantee the rights of the citizens before any other considerations in the profit and loss. (more…)

CBI: Preparation of the financial report for the Warka Bank will end soon

Posted: April 19, 2012 in Iraqi Dinar/Politics
Tags: , , , ,

On: Wednesday 04/18/2012 19:20

Government instruments based private banks five million Iraqi dinars, confirming a maximum

Supports the CBI plans will support the mission of private banks operating in Iraq for the advancement of private banks and the sector which is witnessing a clear reluctance in their work. (more…)

Deputy Governor of CBI: Warka Bank will repeat itself and the imposition of guardianship to ensure that depositors’ money

Posted: March 17, 2012 in Iraqi Dinar/Politics
Tags: , , , , , , ,

On: Saturday 03/17/2012 12:04

Baghdad (news) .. Deputy Governor of the Central Bank of the appearance of Mohammed that Warka Bank is able to recover himself again that he has guarantees of real estate of up to (250) billion dinars, and multiple branches in the country, noting that the trusteeship was to keep the funds of depositors and financial stability in the country.

Saleh said (of the Agency news) said on Saturday: The Central Bank commissioned an observer of the accounts, prepare a special report Bank of Warka to show whether it is able to restore itself to be help by the Central Bank or need to hire a new management temporary until payment of the debt owed on it. (more…)

Parliamentary Financial Committee to host Governor of the CBI soon because of “Warka”

Posted: March 16, 2012 in Iraqi Dinar/Politics
Tags: , , , , , , ,

BAGHDAD / Baghdadiya News / .. source revealed the intention of Parliament House to host the Governor of Central Bank of Iraq against the backdrop of the recent decision to impose custody of the Warka Bank

A member of the Finance Committee in the House of Representatives Secretary Hadi’s / Baghdadiya News / “will host the Central Bank Governor Sinan Shabibi as a first step to know the dimensions of the subject and style of the Bank in dealing with him.” (more…)

Inefficient state banks weaken the Iraqi economy

Posted: March 12, 2012 in Iraqi Dinar/Politics, Top Headlines
Tags: , , , , , , ,

12/03/2012

Baghdad – Reuters
Complain Iraqi businessman is trying to gain billions of dollars flowing into the country from the oil contracts profitable that most bother him not bomb attacks or political sectarianism, but the banking system primitive., Says the businessman who represents car company foreign in Iraq and refuse to be identified because of his handling of with the government, “where credit card?” Pointing out that it is used widely in other Gulf countries.

“The extent to which we are immune to this development?”

(more…)

CBI denies the accusation Warka is smuggling money abroad

Posted: March 11, 2012 in Iraqi Dinar/Politics
Tags: , , , , , , ,

BAGHDAD / Baghdadiya News / .. denied the Iraqi Central Bank’s statements dealt with some of the media yesterday that he accused the Warka Bank of smuggling money abroad

Stressing that he is not related to the Central Bank of the details outside the scope of his powers as a regulator of banks, and that the foot-dragging on the bank in question called a resolution to impose trusteeship on it. (more…)

Parliament calls for the economy of the Iraqi Central Bank to pay the dues of the creditors of Warka

Posted: March 11, 2012 in Iraqi Dinar/Politics
Tags: , , , , , , ,

Baghdad, March 11 (Rn) – Commission asked for the economy and investment representative, Sunday, the Iraqi Central Bank to pay all the money of citizens who deposited in the Warka Bank of Iraq Investment and Finance, who suffered a financial crisis, saying that many of the citizens’ complaints against the Warka Bank came to the Commission. (more…)

CBI confirms that the guardianship and the Warka Bank came to save him

Posted: March 9, 2012 in Iraqi Dinar/Politics, Top Headlines
Tags: , , , , , , ,

Baghdad, March 9 (Rn) – The Central Bank of Iraq, Friday, the imposition of guardianship on the Warka Bank of Iraq Investment and Finance came to save him from some of the problems experienced by noting that the interim administration’s current bank moving its business, while considered the Committee of Representatives of financial conduct of the Central is an important step to improve and reality.

The Iraqi Central Bank decided this week to develop and guardianship of a Warka Bank of Iraq’s largest banks because of marking some of the problems in financial dealings. (more…)

Warka bringing a lawsuit against the Central Bank of Iraq

Posted: March 9, 2012 in Iraqi Dinar/Politics, Top Headlines
Tags: , , , , , , ,

Warka bringing a lawsuit against the Central Bank of IraqBAGHDAD / Baghdadiya News / An official source at the Board of Directors Warka Bank for Investment filed a lawsuit against the Iraqi Central Bank, which recently issued an order placing the bank in question

Under full guardianship (administrative and financial) and the election of new board of directors of the central bank to manage it.

The source, who preferred not to be named L / Baghdadiya News / that the bank has filed a lawsuit before the competent courts decision not to put legal guardianship issued by the Iraqi Central Bank on Thursday, 1/3/2012, call an extraordinary session held on 1481/29 2/2012. “

(more…)

Parliamentarians and experts calling for the central bank’s decision to backtrack on custody of the Warka Bank

Posted: March 8, 2012 in Iraqi Dinar/Politics, Top Headlines
Tags: , , , , , , ,

07/03/2012 8:47

At the time decided the Iraqi Central Bank to impose guardianship on the Warka Bank, described the members of Parliament in the Economic and Financial Committee and officials in the banking sector this step b (destroyer) of the banking sector, which is the main gate in the process of attracting foreign investment, among bankers that the decision to trust is not justified especially that of Warka, which was founded in 1999 still has the financial strength did not declare bankruptcy.

Central Bank of Iraq admitted in a report released by the Directorate of banking and credit control department inspection, that the reason for the lack of liquidity to the Warka Bank and also the rest of the private banks is the decision of the Ministry of Finance 402 on 15/1/2009 and ordered by all ministries and government departments to withdraw their deposits from private banks, Warka and do it and returned $ 800 billion dinars during the period of one month. (more…)