Bank Maskan
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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,…
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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…
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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.…
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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…
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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…
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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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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,…
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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…
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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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The Bell Tolls for Cheapest Housing Ownership Mortgage
EghtesadOnline: Registration for new applications for Bank Maskan’s Housing Saving Account mortgage initiative closed on June 8, 2020.
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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…
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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…
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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…
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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…
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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…
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$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…
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Bank Maskan Monthly Loans Up 7%
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…
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Bank Maskan Joins Regulated Forex Market
EghtesadOnline: State-owned Bank Maskan, the main lender in the housing sector, is to join the regulated forex market, head of the bank’s department for international affairs said Sunday.
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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…
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Bank Maskan Home Purchase Loans Reach $775 Million
EghtesadOnline: Bank Maskan, the state-run agent bank of the housing sector, granted a total of 228,949 home loans worth 113.83 trillion rials ($775 million) in the last Iranian year that ended…
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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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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…
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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…
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Iran's Housing Savings Account Scheme Losing Credibility
EghtesadOnline: The Housing Savings Account scheme, the mortgage loan program of the government-owned Bank Maskan, once acted as a stimulus for the housing sector, but not anymore.
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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…
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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…
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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…
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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…
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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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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…