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Bank Maskan

  • EghtesadOnline: Prospective home-buyers can now take out loans under Housing Saving Account mortgage loan on homes up to 25 years old, says Mahmoud Shayan, the managing director of Bank Maskan, the state agent bank of housing sector.

  • EghtesadOnline: Bank Maskan, the state agent bank of Iran’s housing sector, paid a total of 1.47 million loans worth 257,800 billion rials ($1.12 billion) to applicants during the nine months to Dec. 20, 2020, registering a 43% growth in value compared with the same period of the year before.

  • EghtesadOnline: Bank Maskan, the state agent bank of the housing sector, paid 201,360 billion rials ($767 million) in loans during the first seven months of the current fiscal year (March 20-Oct. 21).

  • EghtesadOnline: Bank Maskan, the state agent bank of the housing sector, has increased the amount of loans it offers under the Youth Savings Account to applicants in Tehran by 60%, from 2,500 million rials ($8,503) to 4,000 million rials ($13,605).

  • EghtesadOnline: Atotal of 65,000 applicants have opened accounts with designated banks of the government-sponsored “National Housing Initiative” so far and 38,000 of them have made the initial payment of between 300-400 million rials [$1,165-1,554], says an official with Bank Maskan, the state agent bank of the housing sector.

  • EghtesadOnline: Thirty-six percent of all homebuyers in the first four months of the current fiscal year (March 20-July 21) used Bank Maskan loans to finance their homes.

  • EghtesadOnline: Bank Maskan has offered close to 70,000 loans worth 19,000 billion rials ($77 million) under the Youth Savings Account from the Iranian year ending March 2006 until now, Hibna, the news portal of the state agent bank of the housing sector reported.

  • EghtesadOnline: The Central Bank of Iran has accepted Bank Maskan’s proposal on amending a condition for getting the Housing Saving Account’s mortgage loan, says a senior official with state agent bank of Iran’s housing sector.

  • EghtesadOnline: Bank Maskan, the state agent bank of the housing sector, paid 73.17 trillion rials ($314 million) in loans during the first quarter of the current fiscal year (March 20-June 21).

  • EghtesadOnline: Registration for new applications for Bank Maskan’s Housing Saving Account mortgage initiative closed on June 8, 2020.