Fines are useless, banks do not give loans

Statistics show that until the end of November this year, 8 banks have not paid any facilities in the National Housing Movement Plan (self-owner and non-self-owner).

The fine of the delinquent banks in the field of payment of housing facilities could not force the banks to pay the loans. Statistics show that this fine has only affected two banks, and there are still 8 banks in the list of payment facilities for the implementation of the National Housing Movement Plan (in total, self-owned and non-own-owned).

The latest report of the central bank in November this year tells about the poor performance of banks in paying loans to implement the law of jump in housing production and the national housing movement.

According to the country’s budget law and article 4 of the housing production jump law, banks and non-bank credit institutions are required to allocate at least twenty percent (20%) of the payment facilities of the banking system every year to the housing sector at the interest rate approved by the Money and Credit Council. If in the first year of the implementation of the law (year 1400) it is not less than 360 units of facilities for the units subject to this law, and for the next years, the minimum facilities will be increased by increasing the above-mentioned percentage in accordance with the annual inflation rate.

The performance of banks in the implementation of the jump in national housing production is less than 17%

The latest report of the Central Bank shows that until the end of November of this year, the country’s banks will pay the equivalent of 139.6 hemat to A surge in housing production They have allocated that compared to the end of Mehr month (which was about 125 hemats), there has been an increase of 11.5%. The amount of facilities paid is far from even the targeted amount in the first year of the implementation of the law.

Banks were obliged to pay loans equivalent to 360 Hamats during the first year of implementation of the National Housing Movement Plan between September 1400 and September 1401 and in the second year of implementation of this plan during the period from September 1401 to September 1402 equivalent to 485 Hamats.

The amount of commitment to pay facilities by the banking network during the first two years of the implementation of the National Housing Movement Plan was equal to 845 Hamats in total, but statistics show that after two months of the first two years of the banks, only 16.5% of the targeted amount has been achieved.

The banks’ reluctance to pay this type of facility has gone so far that the head of the National Housing Fund has announced heavy fines for the offending banks.

Urban housing facility is 2.6 times that of rural housing

Out of 139.6 percent of the facilities paid for the implementation of the jump in housing production until the end of November this year, about 41.2 percent of it is related to the participation of the National Housing Movement (non-self-ownership) and 32.7 percent of it is related to the National Housing Movement through the self-ownership channel. These figures were related to the urban sector. In this way, in total, the banks of the country have paid 73.9 hemats in the urban housing sector, which is about 2.6 times the facilities paid in the rural sector. By the end of November this year, the banking network has allocated the equivalent of 28 hemats to housing in the rural sector.

The payment of facilities for housing deposit, which is considered as part of the Law of Housing Production Leap, until the end of November of this year, has taken about 21.6 hemats of banking network facilities, of which National Bank is at the top with a share of 4.4 hemats.

Also, according to this report, until the end of November this year, about 16 efforts have been made to unexpected incidents related to housing.

The fruitless fine of the offending banks in the implementation of the national housing movement

In November of this year, Post Bank was also added to the list of participating banks in the National Housing Movement (not self-owned) and the number of these banks has reached 8. The National Housing Movement Plan consists of two parts; Self-owner and non-self-owner.

The report of the central bank shows that until the end of November this year, only 8 housing banks, Iran Export Development, Industry and Mining, Tejarat, Mellat, Sepeh, Meli and Post Bank have participated directly (not the owners themselves) in the National Housing Movement plan and the equivalent They have paid 41 thousand 227 billion tomans of facilities. Meanwhile, 19 other banks, which are mostly private, have not had any participation in the National Housing Movement (other than the owner). Non-ownership refers to those types of facilities where the borrowers do not own the land.

Another part of the National Housing Movement plan is self-construction, that is, the applicants themselves own land and receive facilities for its construction; Applicants in this field have received facilities equivalent to 32,708 billion tomans from 17 banks until the end of November this year.

Statistical comparisons in the first eight months of this year show that the largest number of loans in both self-ownership and non-self-ownership sectors were paid by the Specialized Housing Bank. This is despite the fact that in total, 8 banks have not paid any facilities in the National Housing Movement Plan (self-owned and non-own-owned).

In November of this year, the number of banks that have not participated in the National Housing Movement plan has been reduced by two banks and their number has reached 8 banks.

At the same time, the head of the National Housing Fund announced a fine of 70 hemti for banks that did not pay housing facilities. A figure that is almost equivalent to the total facilities that all banks have allocated to the National Housing Movement plan since the beginning of the implementation of this law.