Delta Brac Housing Finance Corporation
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DBH Finance PLC. (also known as DBH) is a private sector
non-bank financial institution A non-banking financial institution (NBFI) or non-bank financial company (NBFC) is a financial institution that is not legally a bank; it does not have a full banking license or is not supervised by a national or international banking regulator ...
in
Bangladesh Bangladesh, officially the People's Republic of Bangladesh, is a country in South Asia. It is the List of countries and dependencies by population, eighth-most populous country in the world and among the List of countries and dependencies by ...
. It is a public limited company listed in
Dhaka Stock Exchange The Dhaka Stock Exchange (DSE) ( ''Dhaka stôk ekschenj''), located in Nikunja, Dhaka, is one of the two stock exchanges of Bangladesh, the other being the Chittagong Stock Exchange. In January 2023, DSE and Nasdaq announced their partnership ...
and
Chittagong Stock Exchange The Chittagong Stock Exchange () is a stock exchange based in the port city Chittagong, Bangladesh. It is one of the twin financial hubs of the country, alongside the Dhaka Stock Exchange. Established in 1995, the exchange is located in the A ...
. It was established in 1996 by an international joint venture and started its operation in 1997. DBH specialises in real estate finance. DBH is the only financial institution in Bangladesh that has been receiving the highest credit rating of 'AAA' for 18 consecutive years.


History

DBH commenced its operation in 1997 as an international joint venture to promote private sector real estate financing in Bangladesh. There were 5 promoters in the initiative out of which 3 were local & 2 were international promoters. Their local promoters were Delta Life Insurance Company Limited, BRAC & Green Delta Insurance Company Limited. International sponsors included HDFC & IFC. Initially the company was formed as a private limited company and shareholding of the company was as follows: In 2008, the company became a public limited company and went for initial public offering (IPO). In the IPO, the company raised Taka 50 million issuing 500,000 ordinary shares. As of December 2012, the company has paid up a capital of Taka 1.16 billion. Current structure of shareholding of DBH is as follows:


About the company

DBH is considered a market leader in the private sector real estate financing in Bangladesh. It has provided home loans to more than 23,000 clients so far. DBH has a very good credit rating. It has been receiving highest credit rating of 'AAA' for 18 consecutive years.


References


External links

* {{official website, http://www.deltabrac.com Companies listed on the Dhaka Stock Exchange Housing finance companies of Bangladesh