Capital Market Funds 25% of the Economy

Iran’s capital market now finances almost 25% of the economic sector, CEO of Tehran Stock Exchange (TSE) said.
“This share was a meager 5% in 2011-12 while banks accounted for 95%. The increased interaction of the capital market and businesses in the past decade shows its potential,” Mahmoud Goudarzi was quoted by TSE.ir as saying.
It is vital for companies, startups in particular, to improve their financial reach, Goudarzi said.