Bank Maskan (, Bānk-e 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.[2]
History
The main predecessor entity of Bank Maskan was Bank Rahni Iran (lit. 'Mortgage Bank of Iran'), a specialized credit institution that was spun off from Bank Melli Iran in 1938.[3] In 1956-1959, Bank Rahni erected a prominent central branch building on Ferdowsi Street in central Tehran, designed by architects Mohsen Foroughi and Keyghobad Zafar.[4]
In 1979 following the Iranian Revolution, Bank Maskan was formed by merging Bank Rahni with multiple other operations such as the Iranian Construction Investment Company, Cyrus Savings and Mortgage Companies, Ekbatan, Pasargad of Tehran, and Saving Companies of Mashhad, Tabriz, Shiraz, Isfahan, Ahvaz, Gilan, Hamedan, Kermanshah, Mazandaran, Gorgan, Semnan and Abadan.[5]
Mahmood Shayan (محمود شایان) was appointed chief executive officer of Bank Maskan in August 2020.
Structure
Their subsidiaries include:
See also
- Banking and Insurance in Iran
- Construction in Iran
- Ministry of Housing and Urban Development (Iran)
External links
- ['https://www.bank-maskan.ir/web/english ]
References
- Bank Mskan Annual Report 2013-2014 Bank Maskan, April 20, 2015, retrieved February 19, 2016^
- Archived copy retrieved 2010-12-22^
- Bank Melli Iran - Tradition and History Bank Melli Iran Hamburg, retrieved 2025-6-27^
- Amir Banimasoud. Rahni Bank in Tehran Instagram, 2023-12-11^
- The founding and growth of banking in Iran Iran1400, 2023-10-17^
- Housing Investment Company: An Introduction to Housing Investment Company retrieved 2010-06-25^
- Fars News Agency: شركت سرمايه گذاري مسكن جايزه ملي كيفيت را دريافت كرد^