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Southeast Bank Plc (Bangladesh)

Main Activities: Commercial Banking
Full name: Southeast Bank Plc Profile Updated: November 01, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

The Bank was incorporated as a Public Limited Company under the Companies Act, 1994 on 12 March, 1995. The Bank has been licensed by the Government of Bangladesh as a Scheduled commercial bank in the private sector in pursuance of the policy of liberalization of banking and financial services and facilities in Bangladesh.
In view of the above, the Bank within a period of 10 years of its operation achieved a remarkable success and met up capital adequacy requirement of Bangladesh Bank.
The Bank was listed on Dhaka Stock Exchange on 10 April 2000 and Chittagong Stock Exchange on 24 April, 2000.
The Bank carries out all the commercial banking services.
The Bank has been awarded First Runner Up Award under the category of Private Sector Banks and Joint Second Runner Up under the category of SAARC Anniversary Award for Corporate Governance for “Best Presented Annual Report 2016” by South Asian Federation of Accountants (SAFA).
The Bank has four subsidiaries which are Southeast Bank Capital Services Limited, Southeast Financial Services (UK) Limited, Southeast Financial Services (Australia) Pty Limited and Southeast Exchange Company (South Africa) Pty Limited.
The Bank changed name of Southeast Bank Ltd to Southeast Bank PLC on 7th November 2023.

Headquarters
Eunoos Trade Centre, 52-53, Dilkusha C/A, (Level 2,3 16)
Dhaka; Dhaka; Postal Code: 1000

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Website: http://www.southeastbank.com.bd

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
March 12, 1995
Key Executives
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Chairman
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Managing Director
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Vice Chairman
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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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41.98%
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32.89%
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25.13%
Subsidiaries
Southeast Bank Financial Service Ltd (United Kingdom)
100%
Southeast Bank Capital Services Limited
98.99%
Company Performance
Financial values in the chart are available after Southeast Bank Plc report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency BDT. Absolute financial data is included in the purchased report.
Net interest income
-15.37%
Operating profit (EBIT)
-8.42%
Net Profit (Loss) for the Period
21.77%
Total assets
3.6%
Total equity
4.19%
Total Assets Trend
N/A
Net Interest Income Trend
N/A
Loans to Deposits Ratio
-1.97%
Loans to Asset Ratio
-1.16%

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