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Bank Maskan Unveils New Home Construction Loans

Bank Maskan Unveils New Home Construction Loans
Bank Maskan Unveils New Home Construction Loans

The managing director of Bank Maskan, the state agent bank of the housing sector, has unveiled the bank’s agenda for the fiscal 2021-22, which is aimed at stimulating housing supply. 
“Bank Maskan is planning to finance real-estate developers and encourage affordable housing projects with loan packages for construction in line with the slogan of the new year: ‘Production, Support and Removal of Obstacles’,” Mahmoud Shayan was also quoted as saying by the news outlet of the Ministry of Roads and Urban Development.
Shayan unveiled 12 categories of loans based on the credentials of the real-estate developer and the urban classification of the construction site.  

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