The Securities and Exchange Organization (SEO) held a ceremony Wednesday to unveil an electronic platform that eases the collateral process for investors seeking loans.
The ceremony was attended by the economy minster, the attorney general and CEOs of state-owned banks, the SEO News Agency reported.
Dubbed ‘Setareh’, the platform enables investors to meet their liquidity needs without having to sell stocks or other assets.
Majid Eshqi, the SEO chief said the platform is designed to address the pressing financial needs of retail investors.
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