Warka Bank Hits Back at Rumours

Warka Bank issued a statement on Wednesday refuting the rumours (click here for more details) that it was in financial difficulty:

Dear Warka Clients,

With regard to the rumors that have been circulating against our bank by ill competitors please note that our bank is well supervised and monitored by the highest financial authority in Iraq CBI and we operate under their firm guidelines and regulations where deposits are guaranteed by the CBI.

Best regards,

Warka Bank for Investment and Finance

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