Bank Maskan Issues Its First GAM Notes to Fund Production Working Capital

In a statement published by Mehr on Tuesday, 20 October 2026, Bank Maskan said it had issued its first GAM production-credit notes. Saeedreza Kouhi, the bank's deputy chief executive for credit, said the issue is worth 1,000 billion rials and is intended to fund working capital for a large manufacturer. The report does not identify the recipient or specify the notes' maturity.

GAM notes allow production-chain claims to be settled without an immediate cash outlay from the bank's resources. Kouhi described the issue as the start of an expansion in Bank Maskan's supply-chain financing; the statement does not report any potential revenue effect as an already realised financial result.