The Federation of Euro-Asian Stock Exchanges
Central Securities Depository of Iran
About Company
Established: 2005
Address: #13, Naderi Street, Italy Intersection,
Keshavarz Boulevard; Tehran, Iran; 1416643168
Contact Name: Siavash Azimi
Working Hours: 8:00-16:00
Email: [email protected]
Website: en.csdiran.com/
- Joined FEAS in 2006-
Mohammad Baghestani
CEO & Board Member
The past fiscal year has been one of great transition. Collectively, we have seen a shift from lockdowns and social distancing to a still evolving new normal.
As a company, we adopted a hybrid model with regular opportunities to work collaboratively in the office, together with our colleagues and service-seeking market players. And we continue to form collaborations across the CSD and capital market industries, helping more and more stakeholders and market's transition to the digital future.
As I reflect on the end of FY22, Central Securities Depository of Iran’s strong performance gives me great cause for optimism.
Payments volume, processed transactions, and the volume of value-added services all saw robust growth.
Nominal dividend payments volume was 667.387 billion IR Rials (14.939 million Euros) as of March 21, 2022 to the third week of March this year which has been paid to more than 59 million shareholders through the CSDI's in-house system.
We also crossed 42.2 million registered stakeholders in our e-KYC platform, the Comprehensive Information Gathering System (CIGS).
This year, CSDI has achieved another milestone by acquiring the Electronic Securities Collateralization System called "Setareh." This innovative system allows banks to offer a more convenient and secure solution for loan payments to securities owners using an online service. With "Setareh", applicants can easily pledge their shares electronically without having to sell them.
The system is designed to ensure that shareholders do not lose the benefits of security ownership while their shares serve as collateral. "Setareh" offers a seamless and hassle-free experience for borrowers and lenders alike, providing a win-win solution for all parties involved.
In closing, FY22 was a year of transition — and a year of many challenges. But it was also a year of growth and innovation.
It goes without saying that CSDI’s success as a company and growth as an infrastructure provider is largely thanks to the tireless efforts of the individuals who bring our company to life each and every day — individuals I am proud to call my colleagues.
I am constantly inspired by the determination, resilience and ingenuity of our people in overcoming the challenges.
Looking ahead, I am confident in the strength and resilience of CSDI, despite all the tailwinds that might persist along the way.
Year in review