The document is giving a brief about Bangladesh House Building Finance Corporation (BHBFC) covering its background, brief history, product range, and portfolio of 2006-2007. BHBFC is the premier housing finance institution in Bangladesh in public sector. It plays its role for providing houses to deserving people according to the plan of the government. This is a general market perception that loan processing time at BHBFC is much longer (as per market 3-6 months). The House Building Finance Corporation was established in 1952, under an Act of Government, as a specialized housing finance (primary lender) institutions in the public sector.  Being among the oldest housing finance institutions in Asia Pacific region, it has a long market standing, expansion in the field and a brand imaging. After independence of the country in December, 1971, under the Presidential Order-1973, its operations were continued under the name Bangladesh House Building Finance Corporation (BHBFC).  Being a state enterprise, its operations get the legal sanctity and control through the Presidential Order-1973, while administratively it falls under Ministry of Finance  Government of Bangladesh.