The need to increase capital and strengthen Housing Bank

According to the financial news report, quoted by Maskan Bank – Hibna, Abbasi Asl, the Deputy Minister of Housing and Buildings of the Ministry of Roads and Urban Development, emphasized the need to increase the capital and strengthen Maskan Bank at the national conference of senior managers of Maskan Bank.

Abbasi Asal stated: I believe that the construction of housing cannot be achieved without a strong bank, and this will be possible through the increase of capital and the strengthening of the housing bank.

He said: Provincial managers should take steps to remove obstacles to housing production in the provinces with their tact and management and directing the resources of the province.

Abbasi Asal stated: More than 35 thousand tomans of financial resources have been distributed in Maskan Bank in the provinces during the first 6 months of this year.

The Deputy Minister of Roads and Urban Development stated: The provincial managers of the banks should act in a way that the bank facilities are properly distributed by observing the phasing in the progress of the big projects.

Abbasi Asal further pointed out the importance of housing in employment growth, economic growth and inflation reduction and added: Housing Bank is the flagship of this issue.

Abbasi Asal added: With the negotiations we had with the ministers, especially the Minister of Energy, most of the problems related to the provision of water and electricity concessions, social security insurance and the issuance of licenses have been resolved in the first 6 months.

He pointed out: We hope that by strengthening the structural and infrastructure services, all related organizations will join hands in the development of housing construction to solve the housing problem in the country.