Improving Property Market Appeal
Economy, Business And Markets

Improving Property Market Appeal

Central Bank of Iran has permitted all banks to sell mortgage-backed securities, in an attempt to attract investments to the housing sector. Hamed Mazaherian, deputy minister of roads and urban development, said the CBI measure would make the property sector more attractive to investors as “it will curb Bank Maskan’s dominance in the MBS market,” the website of the ministry of roads reported.

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