حسین فهیمی

The possibility of mechanized certification of shares was provided for all shareholders to receive credit cards and bank facilities.

Tehran, March. 02 (SENA)-Announcing this news to the Securities and Exchange News Agency(Sena), the CEO of the Central Securities Depository of Iran said: Recently, the board of directors of the Securities and  Exchange Organization issued a license to other shareholders to use this possibility.

Hossein Fahimi explained: All banks and credit financial institutions will be able to use the mechanized stock authentication infrastructure in the Central Securities Depository and Settlement Company to provide stock collateral without face-to-face visits and paper documents for their customers and the ratio Provide credit cards or facilities to their customers.

He added: operating banks can use this method based on the schedule and the amount of resources at their disposal.

Fahimi pointed out: Stock market shareholders will be able to use credit cards and facilities granted by banks instead of selling shares to provide the liquidity they need, and will have more time to manage their stock sales.

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