DBH gets triple A for sixth year | The Daily Star
12:00 AM, February 01, 2012 / LAST MODIFIED: 12:00 AM, February 01, 2012

DBH gets triple A for sixth year


Hamidul Huq, managing director of Credit Rating Agency of Bangladesh (CRAB), hands over the highest triple 'A' rating to QM Shariful Ala, managing director of DBH, at a function held at the latter's corporate office in Dhaka recently. Photo: DBH

Delta Brac Housing Finance Corporation Ltd (DBH) has been awarded the highest level credit rating, AAA, for the sixth consecutive year.
DBH is the only local financial institution licensed by Bangladesh Bank to be rated triple A for the last six consecutive years, the company said in a statement.
Hamidul Huq, managing director of credit rating agency of Bangladesh (CRAB), presented the credit rating report to QM Shariful Ala, managing director and chief executive officer of DBH, at a function at the latter's corporate office in Dhaka on Sunday.
CRAB's independent rating committee comprising financial analysts from home and abroad prepared the report on the basis of qualitative and quantitative analysis of the financials of DBH, and the rating is valid up to December 31.
The rating report indicated that the AAA rating has been given to DBH for excellent financials, healthy and sustainable franchises and a first rated operating environment, according to the statement.

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