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Iran Home Loans Surge by 52.8%

Home Loans Surge by 52.8% Home Loans Surge by 52.8%

Bank Maskan, the sole specialized bank in the housing sector, has recorded an annual increase of 52.8% in the volume of loans it has paid to finance related deals. 
According to Hibna, the bank's news website, during the four months to July 22, the state-owned bank doled out 14,180 loans worth 50.14 trillion rials ($592.69 million). 
According to the report, most of the loans were in the form of partnership contracts between 

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