Speaking to NIPNA, Hossein Alimorad, the director of
investment of NPC, said focusing on the capital market is one of the main
options for financing in the petrochemical industry, which is possible with the
support of the domestic banking system.
The official underlined the role of the capital market
and domestic banks in supporting the petrochemical industry, adding: "A
number of domestic banks have been instrumental in implementation of
petrochemical development projects in the country.”
Referring to the role of the capital market in
financing petrochemical projects, Alimorad added: “Focusing on the capital
market and debt securities are the main options for financing in the
petrochemical industry, which is not possible without the support of the
banking system.”
He said: "With regard to the profit-making
policies of banks, the only area that has always attracted the attractiveness
of banks is the petrochemicals, as they are reliant on profitability and value."