Bangladesh House Building Finance Corporation (BHBFC) gained a record success in achieving or exceeding targets in the financial year (FY) 2021-22.
The organization made an ever-best achievement in 2020-21. All records, previously made, have been exceeded in the year ended on 30th June 2022. The sole state-owned institution providing home loans and investment across the country has achieved this success in almost every indicator like reducing classified loans at a minimum level, loan sanctioning and disbursement, loan recovery, resolving court cases and overall audit objections in 2021-22. BHBFC reduced its classified loans to 4.72 per cent which is the lowest among state-owned banks and financial institutions. BHBFC Managing Director (MD) Md. Afzal Karim said that, it has become possible for proper leadership, effective monitoring and supervision at all levels and also for engaging all employees to achieve this success.
