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Capital Boost

  • EghtesadOnline: Lawmakers ratified another section of next year's (March 2019-20) budget bill that allows Bank Maskan - the main housing bank - to reimburse 50 trillion rials ($400 million) of its debt to the Central Bank of Iran.

  • EghtesadOnline: Recent measures taken by the administration of President Hassan Rouhani to thicken the capital cushion of state-owned banks have reduced the deposit risk of the housing sector’s agent bank, a member of the Parliamentary Committee on Civil Affairs said.