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. Read:IBBL pays homage to Bangabandhu 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. Read Delta Brac Housing opens its 13 th branch in Rajshahi

Delta Brac Housing Finance Corporation Ltd (DBH) recently opened its 13 th branch in Rajshahi city with an aim to provide home loan and deposits services to the people of this region. The branch located at the third floor of Dulal Tower at Shaheb Bazar, Moni Chottorat the heart of Rajshahi city was inaugurated by Nasimul Baten, Managing Director and CEO of DBH The DBH MD said he hopes that the new branch will promote real estate development in this region and contribute to increase home ownership and in the process help DBH to attain significant business growth, particularly in the affordable housing segment. Read: Bangladesh well on track to adopt fintech for sustainable growth: Salim DMD & Head of Credit of DBH A. K. M. Tanvir Kamal, Head of Administration & Recovery Saiyaf Ejaz, Head of Loan Operations Md. Zakaria Eusuf, Head of Deposits, Business Planning & Alternate Channels Sabed Bin Ahsan, Branch In-Charge Md. Ashikur Rahman and other senior officials were present during the inauguration ceremony. This is the 13th branch of the company and first in the northern part of the country after having its branches in other major cities like Dhaka, Chattogram, Sylhet, Cumilla, Khulna Gazipur and Narayanganj. DBH, the home loan specialist institution with AAA credit rating for 16 consecutive years, is planning to expand geographically to cover major urban areas across the country. Read DBH: Shareholders approve 25% dividend, propose for name change