Pledge of shares reached the execution stage?

According to Tejarat News, the managing director of Qarz Al-Hasneh Mehr Bank said: Pledge of shares is being implemented and there is no problem.

Quoted from Reporters Clubon the sidelines of the signing of the memorandum of understanding with the Social Insurance Fund of Farmers, Villagers and Nomads in order to provide the services of the CEO of Qarz Al-Hasneh Mehr Bank, they expressed some points.

Shamshinejad said: In the past few years, Qarz al-Hasneh banks have made a good progress. More than three million loan facilities were paid, which is almost more than 90 thousand billion Tomans. Compared to July last year, based on the number, we have 22% and 107% growth in the payment of facilities.

He said: In the first 4 months, almost 833,000 facilities have been paid. Regarding the marriage loan, we had more than 15,000 payments, and for others, such as childbearing facilities, there have been more than 13,860 payments since the beginning of this year.

With these growths of Qarz al-Hasna banks, the government helped a lot. We have had permission for Qarz al-Hasna banks to enter the interbank market.

Shamsinejad said: “We have strengthened the guarantee system. Of course, the confirmation of shares is in the initial stage, and in the next stages, other parts such as the certificate of deposit will be added to it.”

He said: At least one third of our customers are using electronic and non-personal services. The points raised about stock collateral are being investigated, but systematic risk will be investigated in the future.