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Tehran Grabs One-Third of All Home Loans to Iranian Provinces

The total volume of loans handed out to applicants from Tehran Province during the first half of the current year totaled 20 trillion rials ($138.56 million).
Tehran Grabs One-Third of All Home Loans to Iranian Provinces
Tehran Grabs One-Third of All Home Loans to Iranian Provinces

Tehran received about one-third of all home purchase loans allocated to Iranian provinces during the first half of the current fiscal year (March 21-Sept. 22), latest data released by the agent bank of the Iranian housing sector show.
According to a report published on HIBNA, the official news website of state-run Bank Maskan, which almost exclusively services the sector, a total of 111,989 home purchase loans worth about 55 trillion rials ($381.15 million) were allocated to applicants during this period.

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