DBH signs deal with IFC to strengthen housing finance business

DBH Finance PLC (DBH), the largest housing finance institution in the country, has recently signed a project services agreement with International Finance Corporation (IFC).

Martin Holtman, Country Manager of IFC for Bangladesh, Bhutan and Nepal and Nasimul Baten, Managing Director and CEO of DBH Finance signed the agreement on behalf of their organisations, said a press release.

In collaboration with IFC, DBH aims to strengthen its affordable housing loan product by establishing a value proposition for the affordable housing segment and effectively target the lower-middle income segment.

Partha Guha Thakurta, Asia Pacific Head of FIG Risk Advisory, IFC, AKM Tanvir Kamal, DMD and Head of Credit, DBH, Md Hassan Iftekhar Yussouf, DMD and Head of IT, DBH and other high officials of both the organisations were present in the programme.