28,000 First-Time Homebuyers Empowered by Bank Maskan

More than 28,000 people have become homebuyers from Bank Maskan’s main initiative to boost the purchasing power of applicants during the first 11 months of the current fiscal year to Feb. 19.
Since the current fiscal began on March 20, 2017 until the end of the penultimate month ending Feb. 19, a total of 28,318 loans aimed at purchasing homes were allocated to applicants from the Housing Savings Account, which the agent bank of the housing sector equates to real market demand.
The rial value of the allocated loans stood close to 20.3 trillion rials ($423.78 million), HIBNA, the official news portal of Bank Maskan, reported.