Regulator bourse ink deal to attract more investors

ISTANBUL - Anatolia News Agency

Capital Markets Board head Akgiray (3rd L) and İMKB head İbrahim Turhan (2nd R) participate in a ceremony to sign a protocol on attracting investors to the bourse.

Local capital markets institutions signed a protocol on investor mobilization yesterday, hoping to improve financial literacy and awareness of capital markets in Turkey and contribute to making Istanbul an international finance center.

“Turkey has enough resources to create a capital market worth $1 trillion,” said Vedat Akgiray, the president of the Capital Markets Board, adding that the aim was to educate citizens so they can make long-term investments in financial markets.

Heads of the Capital Markets Board, Istanbul Stock Exchange, Association of Capital Market Intermediary Institutions of Turkey, Turkish Derivatives Exchange, IMKB Settlement and Custody Bank and Central Registration Agency attended the ceremony at Istanbul’s Ceylan Intercontinental Hotel.