Business And Markets

Banks Clearly Losing Traction

Banks Clearly Losing Traction Banks Clearly Losing Traction

Iranians’ tendency to invest in banks has declined drastically in favor of stocks and real estate markets, according to a poll by the Iran Student Polling Agency (ISPA). 
ISPA asked a representative sample of 1,590 citizens from July 19 to 26 “which sector(s) they prefer to invest their savings.”
Results showed only 8.1% of respondents considered keeping their money in banks to protect their hard-earned savings. This was comparably lower than the 24.8% willing to invest in banks in a similar poll last year.


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