Wednesday | 15 January 2025 | Reg No- 06
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Wednesday | 15 January 2025 | Epaper

Southeast Bank holds business review meeting

Published : Tuesday, 15 October, 2024 at 12:00 AM  Count : 168
Business Desk
 
Southeast Bank PLC recently held its Monthly "Business Review Meeting," based on the performance in the month of September. It was presided over by the bank's Managing Director, Nuruddin Md. Sadeque Hossain, says a press release. 

The meeting brought together Senior Executives from the head office, Heads of branches, Manager Operations of branches, In-Charges of Uposhakhas and Offshore banking units, who participated virtually. 
The meeting focused on reviewing the bank's recent business performance, with a strong emphasis on leveraging the latest technology to deliver innovative financial services and enhance customer satisfaction. 

The discussion highlighted several key areas, including extending banking services to underprivileged communities at the grassroots, providing SME loans on favorable terms to promising entrepreneurs, and delivering modern banking solutions to retail customers while ensuring full compliance with regulatory requirements. 

Additionally, the bank reaffirmed its commitment to contributing to the country's economic growth by supporting the establishment of new industrial enterprises in the corporate sector. 

Special emphasis was also placed on reducing sector-wise credit concentration by increasing loan support in emerging sectors such as pharmaceuticals, IT, power and energy, healthcare, and ceramics.

A key focus of the meeting was to intensify the bank's efforts in recovering classified and written-off loans.

Southeast Bank PLC is always committed to ensuring a fair, secure, and reliable financial banking system for all, the press release said.

As a symbol of customer confidence, Southeast Bank has upheld its reputation as a leading local bank for 29 years, consistently maintaining top liquidity indices in both local and foreign currencies. 

Throughout this period, the bank has never faced any delays or failures in settling liabilities in either local (taka) or foreign currencies. 

Also, the capital adequacy ratio of the bank is always higher than the minimum required ratio. In line with this, Southeast Bank currently maintains strong correspondent relationships with the largest number of international banks. 



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