The central bank announced the Warka Bank to allow the exercise of banking activities after rehabilitation
Sunday, January 31, 2016 - 19:15
The central bank announced the Warka Bank to allow the exercise of banking activities after rehabilitation

The central bank announced on Sunday, for allowing the Warka Bank to exercise banking activities after rehabilitation, including the entry of sale and purchase of foreign currency window.

The bank said in a statement that he "Based on the decision of guardianship for the Warka Bank lifted in accordance with the decision of the Financial Services Court No. 5 / Financial Services / 2013 in September 2013 9, and achieve the goal of monetary stability and soundness of the banking system and out of the role of the Iraqi Central Bank to maintain the confidence device Iraqi banking and the purpose of enabling the bank to fulfill its role actor with commercial banks operating in Iraq announce his support for the rehabilitation of the Warka Bank for Investment and Finance. "

He added that the bank "Warka Bank will be allowed to exercise all banking activities, including entering the sale and purchase of foreign currency window, similar to other banks operating in Iraq to improve its resources and service the Iraqi economy."

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