Capital Market to Play Bigger Role in Economy

Paving the way for the entry of knowledge-based companies, increasing the share of capital market in financing economic sectors and increasing the number of real estate investment funds are among targets of the capital market in fiscal March 2023-2024, head of the Iran Security and Exchange Organization (SEO), Majid Eshqi, said.
"Share of the capital market in funding the economy reached 20-25% in the outgoing year, taking into account the bonds and funds raised by private companies and the government…Banks still account for 80% of the funding," IBENA quoted him as saying. 
Eshqi referred to the current challenges faced by banks for helping the economy and said, "We need to increase the role  of the capital market to help ensure business needs for funds are met."