Disbursement of loans by Bangladesh House Building Finance Corporation (HBFC) increased by about 32.88 percent in fiscal 2011-12 compared to that in the previous fiscal.

During the period, the realization of loans increased by about 7.43 percent. This was disclosed at a conference of HBFC zonal and regional managers at HBFC auditorium in the city.

The meeting was told that the HBFC disbursed loans amounting to Taka 298.8 crore in 2011-12 and realized Taka 444.15 crore.

The organization disbursed Taka 224.33 crore and realized Taka 413.45 crore in 2010-11.

Prime Minister’s Adviser on Public Administration HT Imam attended the conference as the chief guest while HBFC Managing Director Dr M Nurul Alam Talukder was in the chair.

HBFC Board of Directors Chairman M Yasin addressed the function as the special guest.

Speaking on the occasion, HT Imam highlighted various success of the government and said that the country attained 6.5 percent growth despite global recession.

News: Daily Sun/Bangladesh/15-Sep-12