Millionday Roundtable 7/7/14 Late Afternoon Part 1
Welcome Monday Roundtable With Millionday!
[millionday] here we go -- at first it may not seem important but i will tell you why it is a WHOOPPPPER YOU WILL UNDERSTAND TRUST ME SO HAVE PATIENCE -- HERE WE GO
[millionday] If we are to escape from the fear of the reality in which we live our money and the amount of money that may be all we have what we have, but the direction to the nearest bank in the capital, or the city that we live where to put it and bank deposits are in the custody bank so be assured funds from theft and fraud, but The issue in the Warka Bank are radically different, as is the story of another.
Deposits placed in the bank can not go back to the citizens and in any form, especially that most of those who reposed are simple as distant cry from the politics and crises of those who have spent years of their lives in misery and businesses that hold them above their energies usual, claims PAUSE real by The current government.
[millionday] NOTE -- WARKA BANK IS WHAT THEY ARE DISCUSSING -- THE MONEY HAS BEEN FROZEN FOR A WHILE NOW
[millionday] "Tomorrow's Press," I talked with a number of citizens who have deposited large sums of money in the bank and listened to their suffering and their views about the subject. Says Sabah Anwar, a media that he "can not stay in this situation, which is not likely Vomwali that deposited in the bank four years ago, enough for me and my family for a period of time,
I want to recover, and in any way and not my fault that the administration was the bank correct or wrong, the fact that the matter pertaining to my receivables ago then
[millionday] NOTE -- THIS GOES ON TO TALK ABOUT THE NEGATIVE RESULTS FROM MANY
[millionday] NOTE -- HERE WE GO WITH SOME MORE ON THE NEW SUBJECT AT HAND
[millionday] For his part, the deputy governor of the Central Bank of the previous appearance of Mohammed Saleh, "The bank's move to lift the guardianship for Warka Bank, after a period of almost two years good financial sense, because it will give a good indication of the guarantees of the banking and financial dealings in Iraq," expressing his surprise at the "delay in lifting the trusteeship Despite offering a number of international organizations, financial reporting orally to the return of the Warka Bank to work.
[millionday] NOTE -- THIS IS GOING TO TELL US ABOUT THE FINALLY LIFTING OF THE FREEZE AND GUARDIANSHIP -- NOW WE WILL READ THIS FOR A SEC
millionday] Saleh added in a statement seen by "tomorrow's Press," that "Warka Bank need to organize administrative simple to return to the financial arena, also requires that there be active assistance by the government represented by the Ministry of Finance through the development of a deposit long-lasting in the bank even help him work Financial spite of the high volume of financial assets relative to debt.
[millionday] NOTE -- THEY ARE DISCUSSING THE AMOUNTS OF COURSE BEING HELD FROM DEPOSITS ECT
[millionday] HERE WE GO WITH MORE
[millionday] Raise the guardianship will enhance the role of the bank For his part, welcomed a member of the Board of Directors in Warka Bank Issam al-Asadi central bank's decision, describing it as "an equitable decision because it will strengthen the role of the bank in the financial system.
Asadi said in a statement seen by "tomorrow Press", "The Warka Bank currently has the ability to overcome the crisis, because financial assets within the bank amounting to almost 500 billion dinars, which is greater than the liabilities that do not exceed the 380 billion dinars.
[millionday] NOTE -- THIS STATEMENT SHOWS THAT THEY HAVE THE FUNDS NEEDED TO COMPLY AND REGAIN SO THE LIFT IS ABLE TO BE DONE -- SO DOCUMENTATION HAS BEEN DONE
[millionday] The Central Bank of Iraq has decided in March of 2012, the imposition of trusteeship Warka Bank obstructed because of the financial performance for more than two years, while the bank has to submit reports to prove his return for the resumption of banking activity in order to raise guardianship.
The Warka Investment Bank was established in 1999 and has the highest levels of technology and was the first Iraqi private banks that rely electronic accounting and the number of branches 130 branches in addition to operating branches outside Iraq.
[millionday] NOTE -- THEY HAVE TO SUBMIT THE DOCUMENTS THAT ARE OBVIOUSLY DONE DUE TO THE KNOWLEDGE THEY POSSESS STATING HOW MUCH THEY OWE AND WHAT THEY HAVE ECT
[millionday] NOW WE GET TO THE IMPORTANT PART
[millionday] THE LIFT IS UPON THE DOCUMENTS BEING SUBMITTED AND OBVIOUSLY WITH THEM BEING THE ELECTRONIC BANK FROM THE BEGINNING IN IRAQ -- THIS WILL BE DONE THROUGH DATA ENTRY AS THEY HAVE ALWAYS HAD
[millionday] NOW LETS DISCUSS WHAT THEY MEAN ABOUT THE EXPANSION THEY HAVE IN THE WORLD
[millionday] FIRST HERE IS THEIR SERVICES
[millionday] Services List » Master Card » Midrar Local Cards » Banking Services » Accounts » E-Services
[millionday] NOW I AM GOING TO FILL THIS PAGE WITH INFO FOR YOU
[millionday] TAKE A LOOK I WILL TRY NOT TO GO TOO FAST
[millionday] HERE IS THE BRANCHES
[millionday] USA CITIBANK N.A., NEW YORK, NY 10043, NEW YORK, NY CITIUS33 AUSTRIA BANK AUSTRIA CREDITANSTALT AG BKAUATWW UNICREDIT BANK AUSTRIA AG, VIENNA BKAUATWW CYPRUS BANK OF PUBLIC LIMITED COMPANY, BCYPCY2N DENMARK NORDEA BANK DENMARK A/S NDEADKKK FRANCE BANK AUDI SARADAR FRANCE AUDIFRPP GERMANY COMMERZBANK, FRANKFURT COBADEFF DRESDNER BANK AG, FRANKFURT AM MAIN DRESDEFF
[millionday] NOTE -- THOSE STRANGE NUMBERS ARE SWIFT CODES AND BANK CODES
[millionday] ITALY BANCA UBAE SPA, ROMA IT UBAIITRR BANCO DI SICILIA S.P.A. BSICITRR UNICREDIT BANCA DI ROMA S.P.A. BROMITRD UNICREDIT BANCA SPA UNCRIT2B UNICREDIT CORPORATE BANKING SPA UNCRIT2V UNICREDIT PRIVATE BANKING SPA UNCRIT2T
UNICREDIT S.P.A. UNCRITMM SWITZERLAND BANQUE DE COMMERCE ET DE PLACEMENTS S.A., GENEVA BPCPCHGG BLOM BANK (SWITZERLAND) SA BLOMCHGG TURKY TURKIYE IS BANKASI A.S., ISTANBUL ISBKTRIS TURKIYE GARANTI BANKASI A.S. TGBATRIS
millionday] UKRAINE CREDIT DNEPR BANK, UKRAINE, DNIPROPETROVSK CRDEUA2N CHINA BANK OF China, BKCHCNBJ BANK OF CHINA, (HEAD OFFICE), BEIJING BKCHCNBJ HANGE BANK, DALIAN BRANCH KOEXCNBD KOREA EXCHANGE BANK, BEIJING BRANCH KOEXCNBJ KOREA EXCHANGE BANK,
SHANGHAI BRANCH KOEXCNSH JAPAN KOREA EXCHANGE BANK, TOKYO KOEXJPJT KOREA KOREA EXCHANGE BANK KOEXKRSE KOREA EXCHANGE BANK, SINGAPORE BRANCH KOEXSGSG
[millionday] JORDAN BANK AUDI SAL - AUDI SARADAR GROUP - JORDAN AUDBJOAM BANK OF JORDAN ,AMMAN – BJORJOAX CAIRO AMMAN BANK CAABJOAM CAPITAL BANK OF JORDAN, AMMAN EFBKJOAM HOUSING BANK FOR TRADE AND FINANCE, AMMAN -
HBHOJOAX JORDAN AHLI BANK PLC, AMMAN JONBJOAX JORDAN COMMERCIAL BANK, AMMAN JGBAJOAM JORDANINVESTMENT AND FINANCE BANK JIFBJOAM JORDAN KUWAIT BANK JKBAJOAM STANDARD CHARTERED BANK SCBLJOA UNION BANK, AMMAN JO UBSIJOAX
[millionday] NOTE -- THE FIRST EXPANSION WAS DONE IN LEBANON
[millionday] LEBANON AL MAWARID BANK S.A.L. MABALBBE AUDI SARADAR PRIVATE BANK S.A.L BSARLBBX B.L.C. BANK S.A.L. LICOLBBX BANK AUDI SAL - AUDI SARADAR GROUP AUDBLBBX BANK OF BEIRUT AND THE ARAB COUNTRIES SAL BBACLBBX BANK OF BEIRUT S.A.L. BABELBBE BANK OF KUWAIT AND THE ARAB WORLD SAL BKAWLBBE BANQUE BEMO SAL EUMOLBBE BANQUE DE CREDIT NATIONAL S.A.L. BCNBLBBE BANQUE DU LIBAN, BEIRUT,
LEBANON BDLCLBBX BANQUE LATI S.A.L. BJLFLBBE BANQUE LIBANO FRANCAISE BLFSLBBX BANQUE PHARAON ET CHIHA S.A.L. BPHCLBBE BLOM BANK S.A.L. BLOMLBBX BYBLOS BANK S.A.L. BYBALBBX CREDIT LIBANAIS S.A.L. CLIBLBBX FEDERAL BANK OF LEBANON S A L FBLELBBX FIRST NATIONAL BANK S.A.L., BEIRUT FINKLBBE FRANSABANK SAL,
BEIRUT FSABLBBX IBL BANK S.A.L. (FORMERLY INTERCONTINENTAL BANK OF LEBANON S.A.L.), BEIRUT INLELBBE INTERCONTINENTAL BANK OF INLELBBEX LEBANESE CANADIAN BANK S.A.L., BEIRUT LECALBBE LEBANESE SWISS BANK SAL LEBSLBBX LEBANONAND GULF BANK SAL LGBALBBE SAUDI NATIONAL COMMERCIAL BANK – BEIRUT SNCBLBBE
[millionday] BAHRAIN ALUBAF ARAB INTERNATIONAL BANK B.S.C. ALUBBHBM KORIA EXCHANGE BANK, BAHRAIN BRANCH KOEXBHBM THE ARAB INVESTMENT COMPANY TAIQBHBMA IRAQ ELAF ISLAMIC BANK, BAGHDAD ELAFIQBA TRADE BANK OF IRAQ TRIQIQBA KUWAIT COMMERCIAL BANK OF KUWAIT SAK, THE KUWAIT COMBKWKW SAUDI ARABIA SAUDI HOLLANDI BANK AAALSARI
[millionday] NOTE -- THESE ARE ALL WARKA BRANCHES
[millionday] SYRIA ARAB BANK - SYRIA ARBXSYDA FRANSABANK SYRIA S.A FSBSSYDA INTERNATIONAL BANK FOR TRADE AND FINANCE, GBTFSYDA UAE BLOM BANK FRANCE S.A. BLOMAEAD MASHREQBANK PSC. DUBAI BOMLAEAD NATIONAL BANK OF ABU DHABI, ABU DHABI NBADAEAA EGYPT BLOM BANK EGYPT S.A.E. MRBAEGCX Commercial Int l bank -EGYPT CIBEEGCXX001 COMMERCIAL INT'L BANK CIBEEGCX001 MOROCCO ATTIJARIWAFA BANK (FORMERLY BANQUE, OMMERCIALE DU MAROC)
[millionday] PLEASE REMOVE YOUR HANDS FROM UNDER YOU AND NOW YOU CAN KNOW END OF REPORT AND LETS HEAR A BIG WHOOOPOW
[millionday] THANK YOU FOR THOSE OF YOU THAT RESPECTED ME
lh5282] this is why Citibank is selling all of it's small market banks in the US. to focus on international markets such as New York, Dallas, Houston, chicago, LA
[lstar877] Whoooopowww! !!!!!
[millionday] WHOOOPOW WHOOOPOW
[angus] double whoopow
[coyoteTx] I love you can't help but respect you!!! Thank you
[faith1] Whoo Pow Amen ,, Come up and out Iraq !
[slh5282] with the warka bank, whooooppppooow
[rod86018] when do they open?
[Karla] I dont get it???
[tiimmyh] I have a Warka account when I log in its says my account has expired. Hope that changes now
[lstar877] Omgoodness millionday do u think I didnt respect you?? Im so sorry I got excited. Please forgive me and I'm sorry. I respect you very much!
[Domino] millionday I guess I'm show, I don't get what it al means
[millionday] so i would say there is some great timing in the lift of Warka guardianship and it is obviously very exciting
[ernier] call me slow - don't see the WHOOOPOW here
[pet3] I don't say much but.......WHOOPOW! Is in order
[Tex1] millionday Thanks a bunch and so glad most didn't interrupt.
[jeff8] Lots of Whoopow's!
[Smokey Mtn. Dinar] Could this be an OMEN? Just as I finished reading the song "Take This Job And Shove IT" came on the radio! SERIOUSLY!!!! lol
[millionday] no i dont think anyone did not respect me hun -- of course not
[millionday] Smokey Mtn. Dinar lol
[slh5282] tiimmyh, I do also and cant get them to move from one account to CD
[Karla] I dont get it???
[ernier] Karla makes 2 of us
[tiimmyh] these are pointless without a rate!!!
[naphtali] millionday millionday millionday Could you put it in understandable English so I know what I think it says??
[Dianne777] me either
[graylnjo] I'm lost as usual :?
[scuffy] I'm lost too!
[swan2013] tiimmyh this is progress
[lstar877] Karla ernier & domino welcome to the world iraq! International
[coyoteTx] Summarize the meaning for those who don't understand Million!!!
[ernier] millionday rengrish prease
[DGen] yes millionday, since we don't know what this means can you summarize in laymens terms what it means, ty
[millionday] all of those banks are branches of Warka bank and they are lifting the guardianship that has been placed on Warka bank for more than two years -- we can say since they have been released from chapter 7
[slh5282] tiimmyh, as long as I'm getting interest and it is growing, which it is, i'm good cause I know I can go get the money when I need to
[disciple7] I've been waiting on movement from Warka for a long time this is great news!
[ernier] millionday and that means what as far as our investment???????
[jtank] who owns warka
[scuffy] What's Warka?
[Dego] hello Folks, MD these are all associate Banks that cooperate with WARKA Bank and that has been like that for a long time, that's how it was possible to open account with WARKA...they are not Branches of WARKA as I undertsand it...
[graylnjo] Will this somehow accelerate the RV????
[tiimmyh] slh5282--thats great but my account says its expired and they dont answer e-mails for help that I have sent
[lstar877] Millionday so a real rate can happen anytime right? And iraq can wire to all countries? Is that correct?
[capisci13] md, so you are saying funds have been released to use for rv?
[millionday] so they are being given back as soon as they give them the paperwork they are asking for -- the independent and compliant banking business they have
[10x] With their Ducks in a role, when Miliki gets the boot, CBI is ready to Rock N Roll!
[millionday] they will be back in control of their bank and its branches
[ernier] still not getting the connection to our rv
[naphtali] millionday So this looks like it will offer international access - which requires an international RATE???
[slh5282] Millionday, would it be fair to say that if you have accounts in Warka, that you could go to one of the branch banks and make a transfer of funds to say a Citibank when the rate changes?
[millionday] Warka Bank for Investment and Finance JSC WAIVIQBA
[jtank] international bank---wheres the custodian bank?
[millionday] in Iraq
[lstar877] So imf compliance?
[millionday] they are corporate
[Baldeagle] how is this going to work with Maliki and his troubles. causing problems that is.
[millionday] banking reform and international banking compliance
[disciple7] MD this is good news thank you
[lstar877] I smell rv
[millionday] this has nothing to do with political election of the prime minister
[millionday] this is talking about the banking industry
[lstar877] Cbi didnt update today. That happens sometimes ya?
[millionday] yes it happens sometimes
[naphtali] millionday So this looks like it will offer international access - which requires an international RATE???
[jwk] Please refer to Diego's statement. What has changed? These all have been correspondent banks not branches?
[Red Skyy] Is this something that Turki had to wait for before a Rv?
[ernier] so this is not directly related to our event?
[10x] millionday But you must admit, the timing is suspiciously fantastic!
[Karla] I just cant seem to get excited, not getting it..
[graylnjo] Is this kinda saying they are going to go ahead with reality rate regardless????
[Smokey Mtn. Dinar] give her time to answer!
[millionday] let me show you what and how it has to do with the international recognition of their currency -- sit on hands
[fishheads] millionday I missed the first Part When Does?Did this take effect?
[slh5282] tiimmy -- you have to sendd a signed letter for them to do anything -- vial email on gmail and scanned document with sign sig
[swan2013] everyone please hold comments and questions. thanks
[millionday] it takes place when they give CBI the requested paperwork they have asked for -- however they have electronic data entry and e-banking so that will not be difficult and they have obviously been working on it since they know what they owe and what they have
[millionday] now LET ME ADDRESS THE MANY MANY COMMENTS AND ?? HERE WE GO