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HSA Home Loan Provision Eased

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.
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Publish Date:02/February/2021 | 16:04

Q1-3 Housing Loans Hit $1.12b

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.
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Publish Date:24/January/2021 | 17:16

Housing Loan Ceilings for Youth Savings Account Raised

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).
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Publish Date:30/September/2020 | 14:15

36 Percent of Home Sales Financed by Bank Maskan

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.
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Publish Date:08/September/2020 | 14:23

More Mortgage Loans for Home Buyers in Undeveloped Areas

EghtesadOnline: A total of 9,070 loans from the resources of the "Housing Savings Account" scheme of Bank Maskan , the agent bank of Iran’s housing sector, were granted to applicants planning to purchase new homes in undeveloped urban areas in the last fiscal year (March 2018-19).
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Publish Date:26/October/2019 | 14:48

Bank Maskan Construction Loans Top $230 Million in H1

EghtesadOnline: Bank Maskan , the state-run agent bank of housing sector, granted a total of 62,944 construction loans worth 26,200 billion rials ($230.22 million) to real-estate developers across the country during the first six months of the current Iranian year (started March 21).
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Publish Date:22/October/2019 | 13:20

Mortgage Applications Under HSA Scheme in Sharp Decline

EghtesadOnline: The number of accounts opened with Bank Maskan , the agent bank of the housing sector for home loans, under the so-called "Housing Savings Account" scheme, registered an average weekly decline of 62% in the nearly first half of the current fiscal year (started March 21) compared with the same period of last year to reach 1,500 new accounts per week, an official with the bank said.
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Publish Date:22/September/2019 | 13:28

$760 Million in Loans to First-Time Homebuyers

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.
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Publish Date:17/August/2019 | 10:22

Bank Maskan Loans Top $360 Million

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.
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Publish Date:20/July/2019 | 10:59

Bank Maskan Loans Up 42% in Number, 26% in Value

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.
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Publish Date:24/February/2019 | 11:00

Iran Parliament Approves $400m Capital Boost for Home Lender

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.
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Publish Date:23/February/2019 | 14:55

Resources of Bank Maskan ’s Housing Account Up 8.5%

EghtesadOnline: Resources of Bank Maskan ’s Housing Savings Account, the mortgage loan program of the state-run bank, reached 87.56 trillion rials ($729.74 million) by the end of the Iranian month Dey (Jan. 20), registering an 8.5% rise year-on-year.
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Publish Date:18/February/2019 | 13:43

Home Construction Loans for Rundown Urban Areas

EghtesadOnline: Major Iranian home builders operating in rundown urban districts can now receive up to 1.1 billion rials ($10,000) in loans from the state-run Bank Maskan , also known as the Housing Bank, as per the government’s new policy to shift the focus of major builders to distressed urban areas and informal settlements.
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Publish Date:15/December/2018 | 10:51

Bank Maskan Loans at $2.6b in 15 Months

EghtesadOnline: The state-run agent bank of Iran's housing sector has doled out loans worth $2.6 billion since the start of the second tenure of President Hassan Rouhani in August 2017, the bank's chief executive said.
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Publish Date:19/November/2018 | 10:17

Bank Maskan Loans Reach Record High

EghtesadOnline: As Iran's housing sector is hard at work fighting off a returning recession triggered by the currency crisis, the state-run agent bank of the sector is pumping out facilities faster than ever to compensate for a dwindling purchasing and spending power.
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Publish Date:10/October/2018 | 05:48

Iran: Home Loans Surge by 19%

EghtesadOnline: Latest figures disclosed by Bank Maskan , the agent bank of Iran’s housing sector, indicate that the lender has upped the volume of its loans, as the housing market, especially the one in the capital Tehran, is taking a hit due to the prevailing currency volatility.
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Publish Date:23/September/2018 | 05:54

Short-Term Deposits Top Bank Maskan Resources

EghtesadOnline: Bank Maskan , the agent bank of Iran’s housing sector, has released the latest report on its resources and expenses, indicating that its customers mostly favor short-term deposits.
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Publish Date:16/September/2018 | 05:10

Bank Maskan Mulls Offering Bigger Loans With Lower Interests

EghtesadOnline: Bank Maskan , the state-run agent bank of the housing sector, is considering the possibility of increasing the ceiling of home loans while reducing their interest rates to boost the people's purchasing power that has taken a serious hit due to recent hefty price hikes.
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Publish Date:05/September/2018 | 05:22

Iran Home Loans Surge by 52.8%

EghtesadOnline: Bank Maskan , the sole specialized bank in the housing sector, has recorded an annual increase of 52.8% in the volume of loans it has paid to finance related deals.
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Publish Date:27/August/2018 | 04:18