Bank Maskan News

  • Bank Maskan Loans at $2.6b in 15 Months
    The state-run agent bank of Iran's housing sector has doled out loans worth $2.6 billion since the start of the second tenure of President Hassan Rouhani in August 2017, the bank's chief executive...
  • Bank Maskan Loans Reach Record High
    As Iran's housing sector is hard at work fighting off a returning recession triggered by the currency crisis, the state-run agent bank of the sector is pumping out facilities faster than ever to...
  • Iran's Biggest Mortgage Provider Extends €14b in 3 Decades
    Iran's housing and construction sector has received about 2.09 quadrillion rials (over €14b) worth of loans during the past three decades, according to the state-run agent bank of the sector. The...
  • Home Loans Surge by 19%
    Latest figures disclosed by Bank Maskan, the agent bank of Iran’s housing sector, indicate that the lender has upped the volume of its loans, as the housing market, especially the one in the...
  • Short-Term Deposits Top Bank Maskan Resources
    Bank Maskan, the agent bank of Iran’s housing sector, has released the latest report on its resources and expenses, indicating that its customers mostly favor short-term deposits. According to a...
  • Bank Maskan Mulls Offering Bigger Loans With Lower Interests
    Bank Maskan, the state-run agent bank of the housing sector, is considering the possibility of increasing the ceiling of home loans while reducing their interest rates to boost the people's...
  • Housing Savings Account Outstrips Deposit Targets
    Latest figures from the Housing Savings Account, Iran’s cheapest homeownership initiative, show that it has managed to attract more deposits than it had initially targeted. HSA was supposed to...
  • 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...
  • HSA Growth Beats Expectations
    More than 480,000 people have opened Bank Maskan’s Housing Savings Account that offers Iran’s cheapest home loans since its inception about three years ago, the bank’s chief executive said. “Some...
  • Bank Maskan Modifies Housing Finance Policies
    Bank Maskan, the agent bank of Iran's housing sector, has made several policy changes to address the ongoing turmoil in the domestic foreign currency market, which has led to a rise in home prices...
  • Bank Maskan Mulls Home Loan Proposals
    Bank Maskan, the agent bank of the housing sector, is considering two proposals to sweeten a home loan offer for revitalizing the stagnant housing market and boosting demand from first-time home...
  • Bank Maskan Loans Top $680m in Q1
    Bank Maskan, the agent bank of Iran's housing sector, allocated a total of 30 trillion rials ($686 million) to all applicants during the first three months of the current fiscal year ending June 21...
  • 13% of HSA Loans for Old Neighborhoods
    Mortgage loans for homes located in dilapidated parts of cities accounted for 13.2% and 13% of the total number and value of home loans, respectively, following a popular mortgage initiative by May...
  • HSA Deposits Up 70% YOY
    Down payments by applicants in Bank Maskan’s three-year-old mortgage scheme that targets first-time home buyers have increased 70% in value over the year ending June 21. “Deposits made into the...
  • Bank Maskan is the agent bank of Iran’s housing sector.
    Bank Maskan, the agent bank of Iran’s housing sector, has released its latest performance report showing that the number of loans it allocated to applicants during the first quarter of the current...
  • New Bank Maskan Policy Outlined
    Maskan Investment Group, the parent company of Bank Maskan, has outlined the group’s new policy in line with the bank’s efforts to spur the housing market.  Iran’s property market has been beset...
  • Bank Maskan Keen on Revitalizing Housing Sector
    Bank Maskan CEO Abolqasem Rahimi Anaraki announced plans to revitalize the housing sector by...
  • HSA Mortgage Applicants Top 326,000
    Bank Maskan said over 326,000 applicants have signed up for a popular mortgage scheme the lender launched three years ago. Down payments required of the applicants under the Housing Savings...
  • Bank Maskan Funded 1m Homes in 2 Years
    Bank Maskan, the agent bank of Iran’s housing sector, has released its two-year performance report, which indicates that it funded about one million homes in the fiscal 2016-17 and 2017-18....
  •  Bank Maskan to Ramp Up Mortgage Plan
    Bank Maskan plans to expand a national mortgage scheme in the coming months to cover 700,000 potential applicants, the bank's CEO Abolqasem Rahimi said. "We supplied funds, in the form of property...
  • Bank Maskan Home Loans Up
    Latest figures published by Bank Maskan, the agent bank of Iran's housing sector, indicate that in the first month of the current fiscal year (March 21-April 20), both the number and value of loans...

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