Bank Maskan
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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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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…
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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…
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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…
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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…
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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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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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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…
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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…
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Bank Maskan to Issue $3b in MBS
EghtesadOnline: A board member of Iran’s main housing mortgage bank says it will issue 100 trillion rials ($3.17 billion) worth of mortgage backed securities (MBS) in the fiscal year that ends…