Business And Markets

SEO to Increase Funding Options

SEO to Increase Funding Options
SEO to Increase Funding Options

Majid Eshqi, the CEO of Iran's Securities and Exchange Organization, says it is working to provide more funding options for companies through diverse financial instruments.
"One of the challenges the economy is facing is the dominance of the banking sector, which has undermined the growth of the stock market. Redirecting resources from the bourse towards production sectors is fundamental to lift economic growth," he was quoted as saying be SENA news agency. 
"By providing alternative sources of funding we hope to convince companies to expand production and contribute to the economy's growth," he said. "Investing in the stock market solely for the sake of trading stocks is not beneficial… funds must be channeled towards actual production."


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