DBH's home loan portfolio crosses Tk 10,000cr

Delta Brac Housing Finance Corporation (DBH) has crossed the milestone of disbursing home loans of Tk 10,000 crore, which is the highest among all lenders in Bangladesh.

It took the housing financier nearly 21 years since its inception in 1997 to reach the landmark.

“This is a big achievement and we want to add another Tk 8,000 crore to our home loan portfolio in the next five years,” QM Shariful Ala, managing director of DBH, told The Daily Star yesterday.

He said this portfolio is the highest among all banks and non-bank financial institutions in the country. “Our home loans together with clients' own equity contribution of equivalent amount helped DBH bring investment of more than Tk 20,000 crore in the housing and real estate sector,” said Shariful.

DBH, which is an international joint venture financial institution, has emerged as the largest and only specialised housing finance institution in the private sector. The company is the market leader, both in terms of annual home loan disbursements and housing loan portfolio.

DBH has been retaining an AAA credit rating for the last 13 consecutive years with its non-performing loans staying below 0.5 percent.