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Shareholders
the department of the shareholders is the authority which is concerned with the administration of shareholders issues to be considered a link between the bank and its owners (shareholders) in addition to link the bank with other relevant authorities such as the securities commission, the Iraqi Market for Securities, Iraqi depository center and the national registrar of companies / Ministry of Commerce, Conducting the necessary action by the mail received from the above entities.
This department runs the management of shareholders issues through the organizing the stock ownership records and executing the resolutions of the General Body Specialized by increasing the bank's capital by organizing shareholders' entitlement statements in capitalization, the IPO, and management of the IPO process in increasing the capital.
The department also provides the periodic reports to the competent authorities in the bank Following up the obligations of the members of the board of directors and knowledgeable people with regard to their ownership of bank shares the periods of ban to deal with it. The department is responsible on receiving all the questions and inquiries of shareholders and on answering them through its own phone and e-mail.
Shareholders Management Department looks to adopt separate ways of means of communication systems (telephone networks and the internet) In order to reach to proving the best services to its shareholders.
year 2011
1. The seventh annual meeting of the General Body was held on Saturday 28/5/2011, in a bank building near the National Theatre.
2. The General Body approved to increase the bank's capital from 125 billion dinars to 175 billion dinars by capitalized profits of 20%.
3. The Registrar of Companies agreed to increase the bank's capital from 125 billion dinars to 175 billion dinars under the letter No. 22741 in 21/9/2011
4. The contract of the bank has been modified to make the capital of the bank 175 billion dinars under the letter of the registrar of companies dated 20/9/2011.
year 2012
1. The eighth annual meeting of the General Body was held on Sunday 2/6/2012, in a bank building near the National Theatre.
2. The General Body approved the capitalization of bank profits amounting 20%.
3. Launch trading in shares of the bank before the increase (capitalization) as of 6/13/2012 session.
4. The approval of the Registrar of Companies had been got to increase the bank's capital from 175 billion dinars to 210 billion dinars under the letter No. 16513 in 25/7/2012
5. The contract of the bank has been modified to make the capital of the bank 210 billion dinars under the letter of the registrar of companies No. 16514 dated in 25/7/2012.
6. The department of the registrar of national companies / Ministry of Commerce approved the minutes of the meeting of General Body.
year 2013
1. The eighth annual meeting of the General Body was held on Sunday 6/4/2013, in a bank building near the National Theatre.
2. The General Body approved the capitalization of bank profits amounting 26%.
3. Launch trading in shares of the bank before the increase (capitalization) as of 23/7/2013 session.
4. The approval of the Registrar of Companies had been got to increase the bank's capital from 210 billion dinars to 265 billion dinars .
5. The contract of the bank has been modified to make the capital of the bank 265 billion dinars under the letter of the registrar of companies No. 23094 dated in 10/9/2013.
6. The department of the registrar of national companies / Ministry of Commerce approved the minutes of the meeting of General Body.
year 2014
1. The eighth annual meeting of the General Body was held on Sunday 26/6/2014, in Sulaimanya city.
2. The General Body approved the capitalization of bank profits amounting 11.67%.
3. Launch trading in shares of the bank before the increase (capitalization) as of 23/7/2014 session.
4. The approval of the Registrar of Companies had been got to increase the bank's capital from 265 billion dinars to 300 billion dinars in 20/7/2014
5. The contract of the bank has been modified to make the capital of the bank 300 billion dinars under the letter of the registrar of companies No. 19135 dated in 20/7/2014.
6. The department of the registrar of national companies / Ministry of Commerce approved the minutes of the meeting of General Body.
