Banks Eye Credit Card Comeback

Banks have received 100,000 requests for credit cards for which Justice Shares can be used as collateral, an official with the Central Security Depository of Iran (CDSI) said.
"Since the beginning of the scheme, Bank Melli and Tejarat Bank have prepared the infrastructure for issuing credit cards backed by the so-called Justice Shares. Fifteen other banks have also expressed their readiness to join the scheme," Somayeh Mohammadi, head of the scheme at CDSI was quoted as saying by IBENA.