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housing finance bank iran

Bank Maskan, also known as the Housing Bank, is a bank in Iran. In 2008, the Central Bank banned all banks and other financial institutions, except for Maskan Bank, from providing residential mortgages.

Bank Maskan provides various banking products and services in Iran. The company offers rail services, such as investment and Qarz All-Hasaneh deposits; facilities, including facilities to foreigners, secured loans, and no deposit loans; and other services, such as letters of guarantee and safe deposit boxes. It also provides international banking services, including import letters of credit, export letters of credit, facilities to importers, facilities to exporters, letters of guarantee, foreign currency accounts, foreign currency payment orders, foreign currency exchange services, correspondent banking, and free trade zone activities.

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