By John Lee.
The Central Bank of Iraq (CBI) has announced that its board has decided to “lift custody [guardianship]” over Warka Bank on August 25, 2013, following a final decision made by the Financial Services Court on 26th May, 2013.
Warka Bank announced on its website that:
“This decision comes in accordance with the decision issued by the court appeal in favor of Warka Bank for Investment and Finance.“
A copy of the announcement can be viewed here.
(Sources: Warka Bank, Rabee Securities)