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Loans

  • EghtesadOnline: Bank Maskan, the agent bank of Iran's housing sector, has paid a total of 89,000 billion rials ($760.68 million) in home loans under the Housing Savings Account scheme since its launch in June 2015.

  • EghtesadOnline: Bank Maskan, the state-run agent bank of the housing sector, granted more than 60,000 loans worth 27,540 billion rials ($230.46 million) in the last Iranian month (June 22-July 22), indicating an increase of 7% in the value of facilities compared with the same period of last year.

  • EghtesadOnline: A report on loans made by and deposits with banks and credit institutions says total deposits stood at 20,825 trillion rials ($173 billion) at the end of the first calendar month to April 20.

  • EghtesadOnline: Bank Maskan, the state-run agent bank of housing sector, granted a total of 102,295 loans worth 43,080 billion rials ($362 million) during the first quarter of the current fiscal year (March 21-June 21), indicating an increase of 5.3% in the value of facilities year-on-year, an official with the bank said.

  • EghtesadOnline: The government-backed Iran National Innovation Fund (INIF) will lend to help restore knowledge-based companies affected by the recent floods.

  • EghtesadOnline: As per a scheme implemented by the National Iranian Oil Refining and Distribution Company, low-interest loans are being offered to commercial and passenger vehicles using gasoline and diesel to convert into CNG-hybrids.

  • EghtesadOnline: Unpaid loans of knowledge-based companies until December 21 amounted to a staggering 70.1 trillion rials ($535 million), Central Bank of Iran data shows. The development has triggered social media frenzy.

  • EghtesadOnline: Bank Maskan, the state-run agent bank of the housing sector, granted a total of 421,800 loans worth 157.14 trillion rials ($1.17 billion) during the 10 months ending Jan. 20.

  • EghtesadOnline: In the first ten months of the current fiscal to January 20, lenders granted 5,380 trillion rials ($ 42 billion) in loans, up 757 trillion rials ($6 billion) compared to the same period in the previous fiscal – a 16.4% growth.

  • EghtesadOnline: A report by the National Development Fund of Iran shows that the sovereign wealth fund allocated $14.7 billion in foreign exchange in loans through 20 agent banks during the first half of current fiscal (March 21- Sept. 22.).