Iran Gov’t to offer security deposit loans to renters
Financial Tribune – The government will allocate a fraction of the 750-trillion-rial ($3.34 billion) coronavirus bailout to renters, says Minister of Roads…
Tag Archives: Iran’s Bank Maskan
The bell tolls for cheapest housing ownership mortgage
Financial Tribune – Since the year ending March 2016 to the year ending March 2020, the average home prices have increased 3.2-fold…
More mortgage loans for home buyers in undeveloped areas
Financial Tribune – A total of 9,070 loans from the resources of the “Housing Savings Account” scheme of Bank Maskan, the agent…
Bank Maskan construction loans top $230 million in H1
Financial Tribune – Bank Maskan, the state-run agent bank of housing sector, granted a total of 62,944 construction loans worth 26,200 billion…
Bank Maskan home purchase loans reach $775 million
Financial Tribune – Bank Maskan, the state-run agent bank of the housing sector, granted a total of 228,949 home loans worth 113.83…
Iran parliament approves $400m capital boost for home lender
Financial Tribune – Lawmakers ratified another section of next year’s (March 2019-20) budget bill that allows Bank Maskan – the main housing…
Iran’s housing savings account scheme losing credibility
Financial Tribune – Loans granted under HSA initiative currently cover as little as 20% of the average price of homes in Tehran…
30% rise in home loans in Iran
Financial Tribune – Housing facilities allocated during the first eight months of the current fiscal year (March 21-Nov. 21) increased by 30%…
Bank Maskan loans at $2.6b in 15 months
Financial Tribune – The state-run agent bank of Iran’s housing sector has doled out loans worth $2.6 billion since the start of…
Bank Maskan mulls offering bigger loans with lower interests
Financial Tribune – Bank Maskan, the state-run agent bank of the housing sector, is considering the possibility of increasing the ceiling of…
Jump in price of construction materials
Financial Tribune – Tehran’s construction material price index hit 250.8 over last spring, registering a 12.4% increase from the previous quarter and…
Bank Maskan to ramp up mortgage plan
Financial Tribune- Bank Maskan plans to expand a national mortgage scheme in the coming months to cover 700,000 potential applicants, the bank’s…
Call for helping housing sector
Financial Tribune- A member of Majlis Development Commission has called on all related organizations and executive bodies in the country to help…
10-point strategy for housing recovery
Financial Tribune- The Center for Strategic Studies, affiliated to the Presidential Office, has published a report that proposes 10 strategic measures for…
Strong rise in Bank Maskan’s mortgage lending
Financial Tribune- Bank Maskan, the agent bank of the housing sector and the country’s main mortgage lender, announced a whopping year-on-year increase…
CBI okays real estate leasing
The Central Bank of Iran has finally agreed with the long-pending real estate leasing scheme which was proposed by the National Association…
Efforts to legalize real-estate leasing by banks
Despite efforts by banking officials to help legalize leasing by banks in the housing market, no official permission has yet been issued,…
Hike in mortgage interest rates proposed
The economic deputy of the Ministry of Economic Affairs and Finance called on Wednesday for balancing the one-year deposit rate (20%) with…
Will the new mortgage plan deliver?
The recent decision by Money and Credit Council to raise the borrowing ceiling for first-time buyers in Tehran to 800 million rials…
CBI discussing proposal to raise mortgage ceiling
The plan proposed last year by Bank Maskan (Housing Bank) to increase the mortgage ceiling from 350 million rials to 600 million…