BAKU, Azerbaijan, October 20. The volume of housing loans issued by Iran’s Bank Maskan has risen by 44 percent over the first half of the current Iranian year (from March 21 through September 22, 2025), compared to the same period last year (from March 20 through September 21, 2024), Mohsen Fazelian, a bank official, told reporters, Trend reports.
Fazelian noted that the bank provided loans worth 163 trillion rials (about $283 million) for home purchases during the six months. Last Iranian year, the bank issued roughly 326 trillion rials (about $564 million) in housing loans.
The bank official added that Bank Maskan also extended loans totaling 44.6 trillion rials (about $77.2 million) for home renovations, representing a 113% rise compared to the same period last year.
As a state-owned financial institution, Bank Maskan primarily focuses on providing housing support and improving citizens’ welfare. The bank’s capital stands at 3.34 quadrillion rials (about $5.83 billion).
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