Bangladesh House Building Finance Corporation

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Bangladesh House Building Finance Corporation
Formation1952 (In Pakistan Period) Reformation =1973
HeadquartersDhaka, Bangladesh
Region served
Bangladesh
Official language
Bengali
Websitewww.bhbfc.gov.bd

Bangladesh House Building Finance Corporation is a specialized public financial institution that finances the construction and renovation of houses and purchasing residential apartments in all over Bangladesh and its headquarter slocated in Paltan, Dhaka.[1][2]

History[edit]

The institution was set up in 1973 under presidential orders.[1] It gives loans for only individual home construction and has faced criticism for giving loans mostly to government employees.[3] It is headquartered in a 10-storey building in Paltan, Dhaka.[4] In 2013 Hefazat-e-Islam Bangladesh tried to burn down the institutions headquarters and vandalized 12 cars.[5]

References[edit]

  1. ^ a b "Bangladesh House Building Finance Corporation". en.banglapedia.org. Banglapedia. Retrieved 12 October 2016.
  2. ^ "A Rajuk peon worth millions". The Daily Star. 2 September 2016. Retrieved 12 October 2016.
  3. ^ "The home financier". The Daily Star. 6 April 2014. Retrieved 12 October 2016.
  4. ^ "Paltan building fire under control". The Daily Star. 12 November 2015. Retrieved 12 October 2016.
  5. ^ "800 small, medium shops burnt, damaged in Hefazat rally". Dhaka Tribune. Retrieved 12 October 2016.