Business Desk :
Delta Brac Housing Finance Corporation Limited (DBH), posted 81 percent net profit growth in first half of 2021 compared to same period last year.
Since inception in 1996, the company registered commendable growth in creating home ownership in the country. DBH primarily focused on financing different types of home loans and fixed deposit products. The NBFI posted net profit before tax of Tk. 84.44 crore and net profit after tax of Tk. 49.69 crore for the January-June, 2021 period, registering 55% and 81% growth respectively from corresponding period of previous year, said a press release.
DBH has a solid Capital Adequacy Ratio (CAR) of 24% and Return of Equity (ROE) stands at 15% as on 30th June 2021. Its earning per share (EPS) for the half year period stands at BDT 2.80 which was BDT 1.54 in June 2020. Among all local Banks and Financial Institutions operating in Bangladesh, only DBH has been rated the highest credit rating AAA for 16th consecutive year. The Non Performing Loan (NPL) of DBH is lowest in the industry as it never crossed 1% of its loan book.
