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Bank Maskan to Become Regional Development Bank

EghtesadOnline: As part of its roadmap until the end of the second term of President Hassan Rouhani in the fiscal 2021-22, which will coincide with the turn of the Iranian century, Bank Maskan —the agent bank of the housing sector—aims to become a regional development force.
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Publish Date:26/November/2017 | 06:53

Calm Housing Market Forecast for Tehran in Fiscal H2

EghtesadOnline: The Iranian housing sector, which has just entered a pre-boom phase after a five-year recession, will not register a notable fluctuation in home prices in the second half of the current fiscal year to March 2018, a board member of Bank Maskan , the agent bank of the housing sector, said.
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Publish Date:23/October/2017 | 10:13

Bank Maskan to Fund 1.3m Homes by 2021

EghtesadOnline: Bank Maskan –as the agent lender of the housing industry–plans to fund the construction of 1.3 million houses in the next four years.
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Publish Date:15/October/2017 | 10:52

Cheap Housing Renovation Loans for Distressed Areas

EghtesadOnline: Bank Maskan , as the agent bank in the housing sector, is now offering loans for renovation of residential units in old parts of cities with an interest rate of 12% which, according to a top official with the Ministry of Roads and Urban Development, will considerably improve the reconstruction process in distressed areas.
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Publish Date:15/August/2017 | 16:31

Bank Maskan -Affiliate Shifting Focus to Middle-Income People

EghtesadOnline: Maskan Investment Group, the investment arm of the parent company that owns the agent bank of the Iranian housing sector, has outlined its funding priorities, indicating an increase in finances for middle-income people.
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Publish Date:02/August/2017 | 05:39

Bank Maskan Vision Closer to Realization

EghtesadOnline: The longstanding goal of housing sector recovery could be realized by the end of the current year (March 20, 2018), as a top official with the Ministry of Roads and Urban Development said the administration of President Hassan Rouhani wishes to transform the agent bank of the housing sector into a development bank.
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Publish Date:29/July/2017 | 08:45

Capital Boost Lowers Bank Maskan Risk

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.
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Publish Date:10/June/2017 | 10:59

Maskan Mortgages to Continue

EghtesadOnline: Bank Maskan is determined to continue doling out mortgage loans as part of the Housing Savings Account scheme, the head of Bank Maskan ’s public relations office announced.
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Publish Date:07/June/2017 | 09:49

Bank Maskan Boosts CAR to 18%

EghtesadOnline: Bank Maskan has joined the ranks of top international lenders by boosting its capital adequacy ratio significantly, announced the director of the bank's Department of Planning.
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Publish Date:24/May/2017 | 07:58

Housing Savings Accounts Exceed 163,000

EghtesadOnline: Bank Maskan has opened more than 163,000 housing savings accounts with an average deposit of 230 million rials ($6130), with the total deposits amounting to 36 trillion rials ($960 million), a board member of Bank Maskan said.
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Publish Date:03/May/2017 | 08:05

Strong Rise in Bank Maskan ’s Mortgage Lending

EghtesadOnline: Bank Maskan , the agent bank of the housing sector and the country’s main mortgage lender, announced a whopping year-on-year increase in the value of mortgages in the first three quarters of the year that ended on December 21.
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Publish Date:01/January/2017 | 05:40

Bank Maskan Loans Surge by 46% to $767m in 7 Months

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).
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Publish Date:19/November/2020 | 15:16

Bank Maskan Loans Surge by 46% to $767m in 7 Months

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).
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Publish Date:19/November/2020 | 15:16

Iran Gov’t New Housing Scheme: 65,000 Applicants Seeking Loans

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.
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Publish Date:12/September/2020 | 13:21

Bank Maskan Granted $77m in Loans Under Youth Savings Account

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.
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Publish Date:07/September/2020 | 13:12

Central Bank of iran Eases HSA Home Loan Condition

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.
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Publish Date:19/August/2020 | 10:14

Bank Maskan Housing Loans Increase 70% to Over $300m

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).
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Publish Date:04/August/2020 | 09:02

5% of Neighborhoods Account for 52% of Home Contracts in Tehran

EghtesadOnline: Seventeen out of Tehran’s 320 neighborhoods (constituting about 5%) account for 52% of total home deals in the capital city, says an official with Bank Maskan , the state’s agent bank for the housing sector.
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Publish Date:01/June/2020 | 24:44

Bigger Loans for Real-Estate Developers

EghtesadOnline: Bank Maskan , the state-run agent bank of housing sector in Iran, granted 4,834 construction loans worth 3,659 billion rials ($31.95 million) to real-estate developers during the month ending Aug. 22, which indicate 82% and 33.7% growth in number and value respectively compared with last year's similar month.
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Publish Date:06/October/2019 | 13:55