Organization of Public Awareness Workshop on Access to Finance through movable assets to businessmen and women, industrialists and handicrafts women in Herat

7 May 2019

دسترسی به وجوه مالی ازطریق رهن اموال منقولFollowing the public awareness programs of Public Credit Registry and Registry of Securing Charges on Movable Property supported by World Bank; on Apr 23, 2019, Public Credit Registry Department (PCR) organized a full day workshop on Access to Finance through movable assets in Herat province. The workshop was attended by Businessmen and Women, Industrialists, Handicrafts Women, Small Business Holders, Representatives of Chamber of Commerce, and Employees of Da Afghanistan Bank in Herat Province. The purpose of workshop was to improve the awareness of relevant organizations on how to use mentioned systems and how this Regime can facilitate access to finance in Afghanistan.

The program was started with the opening remarks of Mr. Anwar Shah Yosufi, Regional Director of Western Zone of Da Afghanistan Bank, stating the vital importance of PCR and CR for economic development and facilitating access to finance in the country. Later on, Mr. Abdul Nasser Sahak, Deputy Director of Public Credit Registry department explained the importance of both registries and how PCR and CR can facilitate access to finance in the country. Afterwards, Mr. Noorullah Naqibzai, Manager of Credits at Azizi Bank highlighted the role of PCR and CR on ease of access to finance and defined Aziz Bank’s policies and procedures on issuing loans against movable and immovable assets. Subsequently, Mr. Mustafa Haand Chief Operating Officer of FINCA appreciated the efforts of PCR and highlighted FINCA’s loan policy and procedure. At the end, a general discussion and question session were organized where many questions were answered by PCR and relevant entities.