Mortgage backed Securities (Muccaddum)
K.G. Traders acts as a Muccadum/ Custodian of the Bank/ Financial Institution over any type of stocks pledged with those institutions under Pledge Financing agreements.
K.G. Traders has a team of efficient and hardworking personnel, hired after strict scrutiny and proper referrals. The system ensures close supervision of the pledged stocks, unplanned spot checks and accurate reporting to help safeguard Banks’ interest from both legal and practical perspective.
KGT as Muccadum / Custodian of stocks / assets has managed stocks and assets pledged of value in excess of PKR 400 billion (USD 4.21 billion) covering 90% of banking industry for its large number of SMEs and medium to large corporates.
- Pioneering exposure – The most experienced team
- Industry knowledge and top-notch pledge management system
- Country-wide presence
- Understanding credit portfolio and managing whistle blowing / early warning system
- Controlling procedures – safety, security and handling
- Efficient and effective reporting
- Authorization and delivery
- Staff orientation and technical know-how
- Availability of Company operated warehouses
KGT has its own arrangements of bulk handling warehouses.