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Iran’s housing sector feels pinch as loans drop drastically

GenevaTimes by GenevaTimes
June 30, 2025
in Europe
Reading Time: 2 mins read
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Iran’s housing sector feels pinch as loans drop drastically
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Economy
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1 July 2025 01:16 (UTC +04:00)


Iranian banks significantly reduced loans to the housing and construction sector in the early months of the year, totaling around $420 million—down from about $630 million last year. However, overall lending across all sectors surged nearly fifty percent, reaching approximately $14 billion during the same period.

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