Delta Brac Housing Finance Corporation

Delta Brac Housing Finance Corporation, commonly known as DBH or DBH Finance PLC, is a private-sector non-bank financial institution in Bangladesh focused on housing and real-estate finance. The company was created in 1996 as an international joint venture intended to expand private-sector real-estate financing in Bangladesh, at a time when the country's formal housing-finance market was still developing. Its original promoter group combined three Bangladeshi institutions—Delta Life Insurance Company Limited, BRAC, and Green Delta Insurance Company Limited—with two international sponsors, Housing Development Finance Corporation (HDFC) and the International Finance Corporation (IFC). DBH began operations in 1997. Its core business has been the provision of housing loans and related real-estate finance to individual customers and other borrowers. The company has been associated particularly with home-purchase and residential-property financing, positioning itself as a specialist housing lender rather than a diversified commercial bank. According to the cited company description, DBH had served more than 23,000 home-loan clients by the time of the referenced account, making it one of the better-established private-sector participants in Bangladesh's housing-finance market. The company was initially incorporated as a private limited company. In 2008 it converted into a public limited company and completed an initial public offering. The IPO raised Tk 50 million through the issue of 500,000 ordinary shares. The cited reference states that paid-up capital had reached Tk 1.16 billion by December 2012. These figures describe historical capital events and should not be interpreted as current financial data. DBH is also distinguished in the reference material by its credit-rating record. It was described as having received the highest local credit rating of AAA for 18 consecutive years. That record supported its reputation for financial strength and helped differentiate the institution in a sector where confidence, funding access, and repayment reliability are central to customer and investor relationships. The company's business identity rests on specialist housing finance, long-term lending, and participation in Bangladesh's formal real-estate market. Its principal relevance is domestic: the available reference material identifies Bangladesh as its operating market and does not document a broader international branch network. Public information supplied for this entry does not identify current executives, a current ticker symbol, a current website, or the present ownership breakdown. The historical name remains the authoritative subject of this entry, while DBH Finance PLC is recorded as an associated later name.

Delta Brac Housing Finance Corporation was established in 1996 through an international joint venture designed to promote private-sector real-estate financing in Bangladesh. The founding group consisted of three local promoters—Delta Life Insurance Company Limited, BRAC, and Green Delta Insurance Company Limited—and two international sponsors, HDFC and IFC. This structure gave the institution both domestic market connections and international housing-finance expertise. The company began operations in 1997. From the outset, its principal role was to provide housing loans and related real-estate finance rather than operate as a full-service commercial bank. Its activities helped expand access to formal housing finance for Bangladeshi property buyers and contributed to the development of the country's private residential-finance sector. DBH was originally organized as a private limited company. In 2008, it became a public limited company and proceeded with an initial public offering. The IPO raised Tk 50 million through the issuance of 500,000 ordinary shares. The cited historical account reports paid-up capital of Tk 1.16 billion as of December 2012. DBH was listed on both the Dhaka Stock Exchange and the Chittagong Stock Exchange. Over time, DBH developed a position as a leading private-sector real-estate financier in Bangladesh. The available reference states that the institution had provided home loans to more than 23,000 clients. Its business model centered on housing loans and property-related finance, allowing it to build a specialist identity within Bangladesh's non-bank financial institution sector. The company has also been noted for its credit-rating performance. The reference describes DBH as the only financial institution in Bangladesh to have received an AAA rating for 18 consecutive years. This reported rating history became an important part of the institution's market reputation, signaling perceived financial soundness and creditworthiness. Later references identify the business as DBH Finance PLC, while the canonical historical subject is Delta Brac Housing Finance Corporation. The supplied material does not provide a current ownership structure, executive roster, website, current financial statements, or details of subsequent corporate developments. Accordingly, the documented history is strongest for the company's formation, operating launch, conversion to a public company, IPO, housing-finance activities, client reach, and reported credit-rating record.

• 2012

  Reported paid-up capital of Tk 1.16 billion

  [1]Delta Brac Housing Finance Corporationen.wikipedia.org

  The cited company history reported paid-up capital of Tk 1.16 billion as of December 2012.

• 2008

  Converted to a public limited company and completed an IPO

  [1]Delta Brac Housing Finance Corporationen.wikipedia.org

  DBH became a public limited company and raised Tk 50 million by issuing 500,000 ordinary shares in its initial public offering.

• 1997

  Commenced operations

  [1]Delta Brac Housing Finance Corporationen.wikipedia.org

  The institution began operating in Bangladesh with a focus on private-sector housing and real-estate finance.

• 1996

  Established as an international joint venture

  [1]Delta Brac Housing Finance Corporationen.wikipedia.org

  Delta Brac Housing Finance Corporation was formed by local promoters Delta Life Insurance Company Limited, BRAC, and Green Delta Insurance Company Limited together with international sponsors HDFC and IFC.

A specialist Bangladeshi housing-finance institution serving the private residential-property market, with a reputation associated with long-term lending expertise and strong credit quality.

• Residential lending · 1997

  Home loans

  DBH's central offering is residential home finance for customers seeking to purchase or finance housing. The company is described as having served more than 23,000 home-loan clients, reflecting its role as a specialist provider in Bangladesh's private housing-finance market.

• Property finance · 1997

  Real-estate finance

  The institution provides finance connected with residential real estate and private-sector property activity. Its specialist focus distinguishes it from general-purpose banks and places property lending at the center of its business identity.

• 2008

  Conversion into a public limited companyStrategy

  Background

  After operating as a private limited company, DBH moved toward a publicly listed structure to broaden its capital base and access public investment.

  Action taken

  The company converted into a public limited company and proceeded with an initial public offering that issued 500,000 ordinary shares and raised Tk 50 million.

  Aftermath

  DBH became listed on the Dhaka Stock Exchange and the Chittagong Stock Exchange. The supplied material does not provide later share-price or financial-performance data.

  IPO proceeds. Tk 50 million raised (2008)

  Source

1. 1Delta Brac Housing Finance Corporationen.wikipedia.org