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Role of Capital Market in Financing Production Meager

Jun 21, 2023, 9:28 PM
News ID: 37401
Role of Capital Market in Financing Production Meager

EghtesadOnline: Although the share of the capital market in financing the economy increased from 3% to 12% at the end of the fiscal decade of 2011-21, most financing of companies in Iran is still done through the banking system and the share of capital market is very lo.

The capital market is dominated by stock exchanges and its main function is the financing of economic enterprises, especially large companies. However, statistics show that despite the improvement in the performance of capital market in financing production in the 1390s [Iranian years from March 2011-21], it is still far from the optimal point, Abolfazl Roghani, a member of the Iran Chamber of Commerce, Industries, Mines and Agriculture, prefaced a write-up for Mehr News Agency with this note.