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DCM DBH Housing

Sector: Residential • Location: Bangladesh

Source: International Finance Corporation (IFC)

Project
Active

 The proposed investment comprises up to US$30 million equivalent investment in DBH Finance PLC. (DBH or the Company) through subscription in of Bangladeshi Taka (BDT) denominated senior bond to be issued by DBH. DBH, established in 1996, is a housing finance institution in Bangladesh that primarily provides loans for the purchase and construction of homes. The proceeds of the bond will be primari

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Project Information

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The project “DCM DBH Housing” is an infrastructure initiative in the Residential sector, located in Bangladesh. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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Company

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Status

Original status

active

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Description

Description

 The proposed investment comprises up to US$30 million equivalent investment in DBH Finance PLC. (DBH or the Company) through subscription in of Bangladeshi Taka (BDT) denominated senior bond to be issued by DBH. DBH, established in 1996, is a housing finance institution in Bangladesh that primarily provides loans for the purchase and construction of homes. The proceeds of the bond will be primarily used to grow the Company’s affordable housing portfolio. IFC may also explore supporting the Company to mobilize up to US$25 million from other investors for its bond issuance.The proposed project would contribute to affordable housing and long-term debt capital market development in Bangladesh. The Project is expected to be supported by the IDA20 Private Sector Window Local Currency Facility (“IDA PSW LCF”) as described in the Blended Finance Section.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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