DHAKA, Feb 17, 2026 (BSS) - The government issued the Bangladesh House Building Finance Corporation (Amendment) Ordinance-2026 with the aim of enhancing dynamism in the management of the corporation and reforming its legal framework.

A gazette notification in this regard has been published by the Legislative and Parliamentary Affairs Division of the Ministry of Law, Justice and Parliamentary Affairs said Public Relations Officer (PRO) of the Law Ministry confirmed the information today.

President promulgated the ordinance on February 15 under the powers conferred by Article 93(1) of the constitution.

Key amendments-article 12 (Board Committees): to assist the Board of Directors, provisions have been made to form a Standing Committee, an Audit Committee and a Shariah Committee. The board may also form any other committee as necessary.

Article 21 (Interest Rate on Loans): The interest rate on loans provided by the corporation will now be determined from time to time by the Board, subject to prior government approval. Article 29 (Profit Distribution – Major Changes):

After meeting necessary depreciation and liabilities from the net annual profit-a board-approved reserve fund will be created. A portion of the surplus profit will be paid to the government as dividend. The remaining amount will be transferred to the corporation’s retained earnings.

Article 29A (Tax Provision): under the Income Tax Act, 2023, the corporation will be treated as a ‘company’ and will be required to pay minimum income tax accordingly. 

Article 30 (Accounts and Reporting): The amendment strengthened and streamlined the procedures for maintaining accounts and preparing annual financial statements.

The gazette stated that the ordinance will come into effect immediately.