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30% Rise in Home Loans in Iran

Facilities allocated by the state-run agent bank of the housing sector in the first eight months to Nov. 21 increased by 30% compared with the same period of last year
30% Rise in Home Loans in Iran30% Rise in Home Loans in Iran

Housing facilities allocated during the first eight months of the current fiscal year (March 21-Nov. 21) increased by 30% compared with the same period of last year, the managing director of Bank Maskan, the state-run agent bank of the housing sector, said. 
Abolqasem Rahimi Anaraki added that Bank Maskan provided home buyers with 380,398 loans worth 132.9 trillion rials ($1.25 billion) over the period, the bank’s official news outlet HIBNA reported. 
Loans allocated for purchasing homes rose 45% in the eight-month period, he added.
The bank said earlier "the volume of growth in the coverage of home purchase applicants has been unprecedented in recent years".

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