Warka Bank Access

Ponee wrote:UPDATE -- I was given the new password for my Warka account and I am able to access my account.  All is good.

Please Please sent back depositors in the Warka Bank funds

Basil Abbas Khudair Tuesday 0.5 May 2015, 00:00
A full year ago, we published an article under the title (Warka Bank and underestimated the rights of depositors), and offered the conditions of Iraqis who have deposited their money in Ahli Bank was approved by the Central Bank of Iraq, and we expected that the concerned authorities in the CBI or the Warka Bank or the Ministry of Finance or other interest in the subject and find ways to return people's money, which is deposited in good faith and the means of legal, they did not play gambling did not enter yards horse racing to bet, as they did not participate speculation and gambling, all you Amloh is to deposit their money into one of the largest private banks that were Daayate minimum shaking that will revive the banking situation in Iraq, and said in 2010 that the bank and its branches many scattered across Iraq, apologizing to meet withdrawals as it passes administrative status will disappear days after, and during the waiting period has been put Commandments to the bank and to subject its operations to a local expert, and international and we heard that the bank will be subject to liquidation under the law, then we heard that profit advocacy and raised the commandments with him and that he will resume his days later, then came fussy about undergoing investigation for money laundering and providing facilities for certain destinations, has filled the ears of depositors news and details never affect them, because he either has the bank liquidation or refer some of the offenders to justice or put the bank in Greater hell or younger, what matters depositors is re-money which deposited through the legal process, which has become its fate today in the unknown, and those responsible for the Warka Bank primarily, and the inability of them are the responsibility of the Central Bank of Iraq because it monitoring the situation of private banks under the law and is supposed to be intra depositors,

not to mention the responsibility of the Ministry of Finance and the Office of Financial Supervision and the Integrity Commission, we are in a country called Iraq a state of institutions do not (state watermelon), and should those who mentioned that seeking and struggling and perform its duties to the Iraqi citizen who deposited his money (arab) inside Iraq, the satiation depositors of promises for six years, which is in this sense a case involving Bank Ahli March heavy mistakes against citizens Aitmanoh, and the case does not need to (philosophy) in the solution, the bank was unable to direct solutions must operations of liquidation and distribution in a manner dividing the debtors, and that the bank could return to practice his Feltsaadh stakeholders without waiting, and if the bank wants satisfaction approach to filter its obligations with depositors let him start in a manner satisfaction, and perhaps there are other legal solutions can their access in this regard, the important thing is watching the light At the end of the tunnel instead of launching promises and delay payment of public dues, and knows it means it full well that depositors' money is decreasing day by day due to inflation, to the extent that they have lost the proportion of their deposits can should know themselves through lost opportunities for them to dispose of their money by imprison unjustly in the country of democracy, which it may not be the practice of abuse against third parties, and please those who had information about the secrets of Warka to make it for one purpose does not is a re depositors, because the other things not related to depositors out because they want to retrieve their money only.

http://www.kitabat.com/ar/print/50512.php

Goldiegirl wrote:

Ponee wrote:UPDATE -- I was given the new password for my Warka account and I am able to access my account.  All is good.

Yeah.....women rock!!!  Seems they luv us more than the men.
Luv you back Warka.

:juggle: :juggle: :juggle: :juggle: :juggle:

It is possible to be defined as the process of credit lending and borrowing operations, because those who have the money does not have to be able to invest their own credit and would transfer these funds

Credit substantial need for the economy is the survival of funds prevents disabled or frozen and business can directly or expanding their business in this capital increase production


Iraq ranks 180 out of 189 countries in the process of extending credit, and this proportion is weak relative to the number of banks that are operating in Iraq and their capital in excess of the 6 trillion dinars








Qurtas News / Baghdad

Iraq was ranked 180 out of 189 countries in the process of extending credit, while experts attributed this decline to the inefficiency of the Iraqi banks.

The expert in banking affairs Khalil grace Diab for "Ply News", "It is possible the credit process is defined as lending and borrowing operations, because those who have the money does not have to be able to invest on their own, and the credit would transfer these funds from the first to the For the second loan. "

"It may be done directly between the owner of the money and the borrower and the so-called direct credit, there is another side is done by banks, which play the role of financial intermediation between the parties and be mediating indirect ie mediation between those who have a surplus of money and who do not have the fiscal surplus, in other words , any who have the cash is not available. "

Diab added that "credit should be fundamental to the economy it prevents the funds remain disabled or frozen and business can direct their business or expand in this capital increase production and can be summed up the importance of bank credit two things first is to increase production where it can be industrial, agricultural and new service projects Created as well as existing development which ones are in need of a lot of money outweigh own resources for these projects. "

And that "The second thing is to increase consumption and bank credit here can consumers get some consumer durables and other goods in spite of their inability to pay its value at the present time. "

He pointed out that "bank credit is aimed at the distribution of financial resources on the different economic activities which plays an important role in the distribution of the financial resources available to the banking system in the various sectors, as well as the operation of the frozen economic resources by bank credit where it can take advantage of the frozen funds are as can be Credit facilitate trade exchange process using a document that represents a count of bank credit as forms provides an easy method of payment in foreign trade. "

Diab explained that "there are types of credit by the type of investment, there are two types of credit consumer credit and the second production, The first type is easy for someone to get the money needed to meet the consumer their needs including food or Disco vs. owed on the loan interest, and this is riba (forbidden in Islam) and that need to exploit the lender the borrower, and the imposition of harsh conditions it ".

He said, "Credit productive it is money that provides the entrepreneur with a view to the use of funds in a business or industrial, agricultural, and this benefits the lender and the borrower in usurious loans, and classified the credit period in terms of duration as if be short, medium or long and calculates interest on this basis the bank ".

Diab pointed out that "and the dimensions of the suspicion of usury for such transactions, calling Islam a partnership between the owner of the money, the investor until the process does not fall under the usury forbidden in Islam, and agree on the distribution of profit or loss ratios, as may be agreed on a partnership period construed after the project the whole of the investor. "

To that shows the Iraqi private banks association member Ahmed Abdullah al-Khafaji's "Ply News", that "Iraq ranks 180 out of 189 countries in the process of extending credit, and this proportion is weak relative to the number of banks that are operating in Iraq and their capital in excess of the 6 trillion dinars .

Khafaji stressed that "the reason behind the decline in those important process in the banking sector is due to poor efficiency of some Iraqi banks, whether government or civil and here the role of the Central Bank of Iraq, comes the need for the developer and the leader and cultured for this process and outlined her role."

It consists of the Iraqi banking system of 54 banks, including seven state banks Islamist, one of them newly established, as well as 23 commercial banks special distributed by nine Islamic banks, and there are also 15 branches of foreign banks, and there are many institutions that do some banking, including 34 firm conversion Mali, and nearly 200 belonging to the banks foreign exchange company or deal with the banks, with the Loan Guarantee Company and to finance small and medium enterprises, with two companies for services electronic banking and smart card, in addition to nearly 800 branch subsidiary banks and distributed all over the governorates of Iraq.


Read more: http://dinarvets.com/forums/index.php?/topic/203648-iraq-ranks-180-out-of-189-countries-in-the-process-of-providing-credit/#ixzz3c8UPU4eP

FS4Enthusiast wrote:Here's a very relevant article that relates to what I was talking about above.  Very nearly the worst on the planet on extending credit.  Without the ability to charge interest via extending credit to people, it serious hampers banks ability to pay interest to depositors.

If Warka had, say, 1 billion dollars in deposits 10 years ago and have been paying 9% interest the entire time, they owe their depositors nearly 2.4 billion dollars.  Where's the extra 1.4 billion going to come from without being able to make a higher percentage off loans?  Saying they'll pay a high interest rate to depositors in order to get more and more depositors to sign up, but not being able to make enough profit to actually pay the interest they say they are, would make Warka little more than a Ponzi scheme.

It is possible to be defined as the process of credit lending and borrowing operations, because those who have the money does not have to be able to invest their own credit and would transfer these funds

Credit substantial need for the economy is the survival of funds prevents disabled or frozen and business can directly or expanding their business in this capital increase production


Iraq ranks 180 out of 189 countries in the process of extending credit, and this proportion is weak relative to the number of banks that are operating in Iraq and their capital in excess of the 6 trillion dinars








Qurtas News / Baghdad

Iraq was ranked 180 out of 189 countries in the process of extending credit, while experts attributed this decline to the inefficiency of the Iraqi banks.

The expert in banking affairs Khalil grace Diab for "Ply News", "It is possible the credit process is defined as lending and borrowing operations, because those who have the money does not have to be able to invest on their own, and the credit would transfer these funds from the first to the For the second loan. "

"It may be done directly between the owner of the money and the borrower and the so-called direct credit, there is another side is done by banks, which play the role of financial intermediation between the parties and be mediating indirect ie mediation between those who have a surplus of money and who do not have the fiscal surplus, in other words , any who have the cash is not available. "

Diab added that "credit should be fundamental to the economy it prevents the funds remain disabled or frozen and business can direct their business or expand in this capital increase production and can be summed up the importance of bank credit two things first is to increase production where it can be industrial, agricultural and new service projects Created as well as existing development which ones are in need of a lot of money outweigh own resources for these projects. "

And that "The second thing is to increase consumption and bank credit here can consumers get some consumer durables and other goods in spite of their inability to pay its value at the present time. "

He pointed out that "bank credit is aimed at the distribution of financial resources on the different economic activities which plays an important role in the distribution of the financial resources available to the banking system in the various sectors, as well as the operation of the frozen economic resources by bank credit where it can take advantage of the frozen funds are as can be Credit facilitate trade exchange process using a document that represents a count of bank credit as forms provides an easy method of payment in foreign trade. "

Diab explained that "there are types of credit by the type of investment, there are two types of credit consumer credit and the second production, The first type is easy for someone to get the money needed to meet the consumer their needs including food or Disco vs. owed on the loan interest, and this is riba (forbidden in Islam) and that need to exploit the lender the borrower, and the imposition of harsh conditions it ".

He said, "Credit productive it is money that provides the entrepreneur with a view to the use of funds in a business or industrial, agricultural, and this benefits the lender and the borrower in usurious loans, and classified the credit period in terms of duration as if be short, medium or long and calculates interest on this basis the bank ".

Diab pointed out that "and the dimensions of the suspicion of usury for such transactions, calling Islam a partnership between the owner of the money, the investor until the process does not fall under the usury forbidden in Islam, and agree on the distribution of profit or loss ratios, as may be agreed on a partnership period construed after the project the whole of the investor. "

To that shows the Iraqi private banks association member Ahmed Abdullah al-Khafaji's "Ply News", that "Iraq ranks 180 out of 189 countries in the process of extending credit, and this proportion is weak relative to the number of banks that are operating in Iraq and their capital in excess of the 6 trillion dinars .

Khafaji stressed that "the reason behind the decline in those important process in the banking sector is due to poor efficiency of some Iraqi banks, whether government or civil and here the role of the Central Bank of Iraq, comes the need for the developer and the leader and cultured for this process and outlined her role."

It consists of the Iraqi banking system of 54 banks, including seven state banks Islamist, one of them newly established, as well as 23 commercial banks special distributed by nine Islamic banks, and there are also 15 branches of foreign banks, and there are many institutions that do some banking, including 34 firm conversion Mali, and nearly 200 belonging to the banks foreign exchange company or deal with the banks, with the Loan Guarantee Company and to finance small and medium enterprises, with two companies for services electronic banking and smart card, in addition to nearly 800 branch subsidiary banks and distributed all over the governorates of Iraq.


Read more: http://dinarvets.com/forums/index.php?/topic/203648-iraq-ranks-180-out-of-189-countries-in-the-process-of-providing-credit/#ixzz3c8UPU4eP