Loans
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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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Bank Loans in Iran Rise 30%
EghtesadOnline: Banks paid 2,188 trillion rials ($19.3 billion) in loans during the first four months of present calendar year to July 22.
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Partnership Loans Attractive
EghtesadOnline: Data about loans given by banks and credit institutions based on different Islamic banking contracts show “partnership loans” had the biggest share by the end of the third quarter…
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Bank Melli Iran Pays $100m in Debt Purchase Loans
EghtesadOnline: State-owned Bank Melli Iran has granted 7,612 debt purchase applicants facilities worth 11.78 trillion rials ($100.7 million) in the first four months (March 21-July 22) of the…
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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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Central Bank of Iran Reports Growth in Deposits, Loans
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…
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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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Loans for Flood-Impacted Knowledge-Based Companies
EghtesadOnline: The government-backed Iran National Innovation Fund (INIF) will lend to help restore knowledge-based companies affected by the recent floods.
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Loans to Promote CNG-Hybrids Vehicles in Iran
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…
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Knowledge-Based Firms, Impaired Loans, Agitation and Silence
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…
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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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Banks Lend $42 Billion in 10 Months
EghtesadOnline: In the first ten months of the current fiscal to January 20, lenders granted 5,380 trillion rials ($ 42 billion) in loans, up 757 trillion rials ($6 billion) compared to the same…
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NDFI Lends $18b in H1
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…
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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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Gov’t to Issue Bonds to Pay Back Loans on Iran Air ATR Planes
EghtesadOnline: The government’s Economic Council last week approved a proposal of Minister of Roads and Urban Development Abbas Akhoundi, based on which the government is to issue 10 trillion…
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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…