The story
DBH commenced its operation in 1997 as an international joint venture to promote private sector real estate financing in Bangladesh. There were 5 promoters in the initiative out of which 3 were local & 2 were international promoters. Their 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 and shareholding of the company was as follows:
In 2008, the company became a public limited company and went for initial public offering (IPO). In the IPO, the company raised Taka 50 million issuing 500,000 ordinary shares. As of December 2012, the company has paid up a capital of Taka 1.16 billion. Current structure of shareholding of DBH is as follows:
From Wikipedia’s article on Delta Brac Housing Finance Corporation, shared under CC BY-SA 4.0.3