Housing finance company Delta Brac Housing Finance Corp. Ltd. has recently changed its name to DBH Finance PLC.
Managing Director and CEO of the company Nasimul Baten said the new name will give more recognition among the existing and prospective clients due to the Brand equity of DBH.
Besides, the new name will be more aligned to the future business plans of the company, he said.
In April, 2022 the shareholders gave their consent to change the name of the company in a special meeting. Recently Bangladesh Bank gave their approval for this by issuing a circular.
Since inception, DBH is continually working towards increasing home ownership in the country. Currently it has 13 branches in Dhaka, Chattogram, Sylhet, Cumilla, Gazipur, Narayanganj, Khulna, Rajshahi and it has disbursed in excess of Tk 13,500 crore to more than 52,000 families.
DBH is the only financial institution of the country to obtain highest credit rating AAA for 17 consecutive years.
Source: United News of Bangladesh