Delta Brac Housing Finance Corporation
Delta Brac Housing Finance Corporation Ltd. is a private sector non-bank financial institution in Bangladesh. It is a public limited company listed in Dhaka Stock Exchange and Chittagong Stock Exchange. It was established in 1996 by an international joint venture and started its operation in 1997. DBH specialises in real estate finance & is the largest institution in real estate finance. It is considered pioneer and market leader in the private sector housing finance. DBH is the only financial institution in Bangladesh that has been receiving the highest credit rating of 'AAA' for 7 consecutive years.
History
DBH commenced its operation in 1997 as an international joint venture to promote private sector real estate financing in Bangladesh. There were 5 promoter in the initiative out of which 3 were local & 2 were international promoters. There local promoters were Delta Life Insurance Company Limited, BRAC & Green Delta Insurance Company Limited. International sponsors included HDFC & IFC.Initially the company was formed as a private limited company & shareholding of the company was as follows:
| Sponsor | % of shareholding |
| Delta Life Insurance Company Limited | 25% |
| BRAC | 25% |
| Green Delta Insurance Company Limited | 20% |
| HDFC | 15% |
| IFC | 15% |
In 2008, the company became a public limited company & went for Initial Public Offering. In the IPO, the company raised Taka 50 million issuing 500,000 ordinary shares. As of December 2012, the company has paid up capital of Taka 1.16 billion. Current structure of shareholding of DBH is as follows:
| Sponsor | % of shareholding |
| Delta Life Insurance Company Limited | 17.34% |
| BRAC | 18.39% |
| Green Delta Insurance Company Limited | 15.31% |
| HDFC | 12.22% |
| IFC | 12.22% |
| General Public | 24.52% |