Southeast Bank PLC held its 767th board meeting on Thursday, reflecting a significant milestone in the institution’s transformation journey.
During the session, the Board reviewed and approved the audited financial statements for the year ending 2024, along with the unaudited results for Quarter One (Q1) 2025.
In a strategic move demonstrating its commitment to transparency and financial resilience, the Board resolved not to declare dividends for 2024.
Instead, Southeast Bank will allocate its entire operating profits toward provisions for non-performing loans (NPLs).
This reflects a forward-looking approach centered on long-term value creation, regulatory alignment, and balance sheet integrity.
Acknowledging that recovery will require time, the Board reiterated its commitment to a disciplined and transparent roadmap.
With strong leadership alignment and a unified vision, Southeast Bank PLC is positioning itself to become one of the most resilient and trusted financial institutions in Bangladesh.
M.A Kashem, chairman, Southeast Bank PLC presided over the board meeting.
Vice-Chairperson Rehana Rahman, Bank’s directors Azim Uddin Ahmed, Jusna Ara Kashem, Duluma Ahmed, Alamgir Kabir, FCA, Nasir Uddin Ahmed, Engr Khandker Badrul Hassan, Md Rafiqul Islam (Nominee of Asia Insurance Ltd), Md Nurul Islam, (Nominee of Single Click IT Solution (Pvt) Ltd), independent directors- Barrister M Moyeen Alam Firozee and Dr Md Mozibur Rahman (PhD), Abidur Rahman Chowdhury, managing director (Current Charge) and Mamunur Rashid, FCS, company secretary of the bank also participated in the meeting.