Minister’s warning for banks / which banks give mortgages?

According to Tejarat News, fine banks how much will it be

Quoting from the house nationRostam Ghasemi, the Minister of Roads and Urban Development, regarding the possibility of filing a court case against the banks that are dissatisfied with the implementation of Article (4) of the Housing Production Jump Law regarding the payment of at least 20% of the facilities paid to the housing sector, said: “Certainly, if the banks do not fulfill their obligations We act according to the law.

Regarding the non-cooperation of a number of banks for the payment of facilities, the Minister of Roads and Urban Development added: A number of banks are cooperating, such as Maskan Bank, which has fulfilled all its obligations in this area, but the law is for banks that did not cooperate and fulfilled their obligations. Nekanan has predicted a penalty equal to 20% of the unfulfilled obligation.

According to this report, according to Article (4) of the Housing Production Leap Law; Banks and credit institutions are obliged to allocate at least twenty percent (20%) of the payment facilities of the banking system every year with the interest rate approved by the Money and Credit Council to the housing sector, so that in the first year of the implementation of the law, at least three million six hundred thousand billion Rials of facilities for the units subject to this law should not be less and for the coming years, the minimum resources of the mentioned facilities should be increased by increasing the percentage of Sadr al-Zekar in accordance with the annual inflation rate.

The Islamic Council of Ministers in the law on jump in production and supply of housing has provided the executive guarantee of this legal article in note (5) of this article, according to which; In case of non-compliance with this article, the country’s tax affairs organization is obliged to take a tax equal to twenty percent (20%) of the unfulfilled obligation from the disgruntled banks and credit institutions and deposit it to the treasury of the whole country in the form of the annual budget. This amount is considered one hundred percent (100%) allocated and deposited into the account of the National Housing Fund.