DBH and IFC to work together to boost Green Housing in Bangladesh

DBH Finance PLC, the country's specialist housing finance company, signed a new collaboration agreement with the International Finance Corporation (IFC) to work on developing Green Housing in Bangladesh.

DBH and IFC have been engaged in a program to promote 'Affordable Housing in Bangladesh' since 2022. Building on that successful partnership, under this new initiative, IFC will provide services to DBH to enhance opportunities for green financing within the housing sector and enable it to develop a value proposition for its clients interested in green funding.

Nasimul Baten, MD and CEO of DBH Finance PLC, and Martin Holtmann, Country Manager of IFC for Bangladesh, Bhutan, and Nepal, carried out the signing procedure for their respective organisations. Mehdi Cherkaoui, South Asia Manager (FIG Upstream and Advisory) for IFC, A K M Tanvir Kamal, DMD and COO of DBH Finance PLC, and other senior officials from both organisations attended the signing ceremony.

This partnership with IFC will help DBH develop its capacity to support individual clients and developers in financing both self-built and developer-built green housing projects. The press release says this new collaboration underscores DBH's strong commitment to fostering the sustainable growth of affordable and green housing in Bangladesh.