Electronic negotiable instrument will become tradable in the equities market in the near future, an official at the Economy Ministry said.
According to Ebrahim Sayami, head of the ministry’s Research and Economic Information Management Department, the move would be in line with a new financing program in collaboration with the Central Bank of Iran.
In January the CBI unveiled the supply chain finance (SCF) program to improve lending efficiency and navigate bank resources more toward the production sector.
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