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Iran's Capital Market Playing Bigger Role in Financing Businesses

Capital Market Playing Bigger Role in Financing BusinessesCapital Market Playing Bigger Role in Financing Businesses

A report by the Economic Research Department of Tehran Chamber of Commerce, Industries, Mines and Agriculture indicates growing contribution of the capital market to financing companies. 
The percentage of capital market contribution to financing businesses increased from 5.1% at the end of the fourth month in the last fiscal year (July 22, 2018) to 12.7% by the end of the same period this year, the report, published on the TCCIM website, showed.  
Funds procured from the capital market reached 309 trillion rials ($2.7 billion) by the end of the fourth calendar month in the current fiscal year, up 255% compared to the first four months of previous year when the amount was 87 trillion rials ($783 million). 

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