Southeast Bank Limited is a scheduled commercial bank in the private
sector established under the ambit of Bank Company Act, 1991 and
incorporated as a Public Limited Company under Companies Act, 1994 on
March 12, 1995. The Bank started commercial banking operations on May
25, 1995. During this short span of time the Bank has succeeded in
positioning itself as a progressive and dynamic financial institution in
the country. The bank has been widely acclaimed by the business
community, from small entrepreneurs to large traders and industrial
conglomerates, including the top-rated corporate borrowers, for its
forward - looking business outlook and innovative financial solutions.
Thus within this very short period of time it has been able to create an
image and earn significant reputation in the country's banking sector
as a Bank with Vision. Presently, it has 46 branches.
Southeast Bank Limited 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 14 years of its operation, achieved remarkable success fully
meeting capital adequacy requirement of Bangladesh Bank.
As evident from the financial statements for the last 10 years, it has
been growing rapidly as one of the leaders of the new generation banks
in the private sector in term of business and profitability.
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