Banking and insuranceEconomical

The 480 million mortgage was announced on the OTC market


According to the monetary news of Maskan Bank, the new ceilings of housing purchase facilities include increasing mortgages for individual applicants and couples in Tehran, cities with more than 200,000 people and other cities, respectively, “200 and 400”, “160 and 320” and “120 and 240”. Million Tomans and also the increase of the ceiling of fake housing repairs up to 80 million Tomans were notified to the OTC market of Iran.

At present, according to the latest OTC decision regarding the ceiling for the purchase of housing facility priority certificates, only 280 sheets of these bonds can be purchased per trading session, which seems to be due to the setting of new ceilings for housing purchase facilities by Money and Credit Council, OTC Iran to provide the possibility of increasing the purchase ceiling of housing facility slips in each trading session.

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