Housing Savings Account
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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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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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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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Housing Savings Account Outstrips Deposit Targets
EghtesadOnline: Latest figures from the Housing Savings Account, Iran’s cheapest homeownership initiative, show that it has managed to attract more deposits than it had initially targeted.
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HSA Growth Beats Expectations
EghtesadOnline: More than 480,000 people have opened Bank Maskan’s Housing Savings Account that offers Iran’s cheapest home loans since its inception about three years ago, the bank’s chief executive…
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13% of HSA Loans for Old Neighborhoods
EghtesadOnline: Mortgage loans for homes located in dilapidated parts of cities accounted for 13.2% and 13% of the total number and value of home loans, respectively, following a popular mortgage…