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'''Southeast Bank Limited'''  a commercial bank in private sector of Bangladesh. It incorporated as a public limited company on 12 March 1995 under the [[Companies Act 1994|companies act 1994]]. It commenced banking operations on 25 May of the same year with an authorised capital of Tk 500 million and the paid up capital was Tk 200 million. At present (2011), the bank has 65 branches.
'''Southeast Bank Limited'''  was a commercial bank in private sector of Bangladesh. It was incorporated as a public limited company on 12 March 1995 under the Companies Act 1994. It commenced banking operations on 25 May of the same year with an authorised capital of Tk 500 million and the paid up capital was Tk 200 million. At present (2021), the bank has 135  branches.  


The management of the bank is vested in a 13-member board of directors including the chairman and a vice-chairman. The managing director is the chief executive.
The management of the bank is vested in a 13-member board of directors including the chairman and a vice-chairman. The managing director is the chief executive.  
 
Basic Facts and Economic Indicators (In Million Taka)


Basic facts and economic indicators (in million Taka).
{| class="table table-bordered table-hover"
{| class="table table-bordered table-hover"
|-
|-
| Indicators || 2004 || 2005 || 2006 || 2007 || 2008 || 2009
| Indicators || 2018 || 2019 || 2020
|-
|Authorized Capital || 15000 || 15000 || 15000
|-
|-
|Authorised capital || 2500 || 2500 || 3500 || 3500 || 3500 || 1000
|Paid up Capital || 10545 || 11599 || 11889
|-
|-
|Paid up capital || 677 || 1056 || 2113 || 2282 || 2852 || 3423
|Reserved Fund || 18860 || 20199 || 18514
|-
|-
| Reserved Fund || 1020 || 1180 || 2828 || 4187 || 4805 || 6505
|Deposits || 298321 || 329798 || 359900
|-
|-
| Deposits || 27931 || 38258 || 46056 || 55474 || 68715 || 96669
|a) Call Deposits || 47406 || 55641 || 74130
|-
|-
| a) Call Deposits || 2368 || 3681 || 4514 || 4937 || 6436 || 7992
|b) Term Deposits || 250915 || 274157 || 285770
|-
|-
| b) Term Deposits || 25563 || 34577 || 41542 || 50537 || 62279 || 88677
|Loans and Advances || 265204 || 295015 || 320368
|-
|-
| Loans and Advance || 22002 || 32551 || 41147 || 48164 || 60281 || 77498
|Investment || 62884 || 74484 || 94184
|-
|-
| Investment || 3190 || 5113 || 6266 || 8463 || 12300 || 21350
|Total Asset || 381058 || 422302 || 465082
|-
|-
| Total Asset || 33745 || 43295 || 54825 || 64371 || 81182 || 112677
|Total Income  || 33500 || 36967 || 33348
|-
|-
| Total income  || 3069 || 4690 || 6766 || 8670 || 102503 || 13702
| Total Expenditure || 23629 || 27279 || 25284
|-
|-
| Total Expenditure || 2235 || 3216 || 4703 || 5754 || 7238 || 9088
|Foreign Currency Trading || 549501 || 593080 || 528130
|-
|-
| Foreign Currency Trading || 28066 || 46097 || 74480 || 78281 || 115420 || 140087
|a) Export || 190403 || 205907 || 176420
|-
|-
| a) Export || 6762 || 13511 || 25875 || 28771 || 42178 || 46724
|b) Import || 242295 || 248901 || 221823
|-
|-
| b) Import || 20230 || 29079 || 35125 || 38470 || 58020 || 69583
|c) Remittance || 116803 || 138272 || 129887
|-
|-
| c) Remittance || 1074 || 3507 || 13480 || 11040 || 15222 || 23780
|Total manpower || 2797 || 2885 || 2859
|-
|-
| Total Manpower || 835 || 913 || 998 || 1116 || 1231 || 1402
|a) Officers || 2305 || 2402 || 2381
|-
|-
| a) Officers || 685 || 759 || 845 || 964 || 1080 || 1254
|b) Staff || 492 || 483 || 478
|-
|-
| b) Staff || 150 || 154 || 153 || 152 || 151 || 148
|Correspondent Banks || 285 || 305 || 309
|-
|-
| Correspondent Banks || - || 507 || 536 || 140 || 145 || 146
|Total Branches (in numbers) || 135 || 135 || 135
|-
|-
| Total Branches (in numbers) || 27 || 31 || 31 || 38 || 46 || 56
|a) Domestic || 135 || 135 || 135
|-
|-
| a) Domestic || 27 || 31 || 31 ||  ||  || 56
|b) Overseas || 0 || 0 || 0
|-
|-
| b) Overseas || - || - || - ||  ||  || -
|Agriculture Credit
|-
|-
| Agriculture Credit  ||   ||   ||   ||  ||  || 
|Loan Disbursed || 3439 || 4566 || 4074
|-
|-
| a) Loan Disbursed || - || 4 || 1 || 155 || 94 || 96
|Realised || 4010 || 3240 || 4193
|-
|-
| b) Realised || - || - || - || 1 || 30 || 80
|Industrial Credit
|-
|-
| Industrial Credit ||   ||   ||   ||  ||  || 
|Loan Disbursed || 186959 || 199700 || 225574
|-
|-
| a) Loan Disbursed || 2162 || 6649 || 10801 || 16069 || 16783 || 29457
|Realsied || 169464 || 181236 || 205112
|-
|-
| b) Realsied || 1472 || 3280 || 5513 || 10654 || 11442 || 25882
|Loan Outstanding by Sector
|-
|-
| Loan Outstanding by Sector ||   ||   ||   ||  ||  || 
|Agriculture and Fisheries and Forestry || 2630 || 4034 || 3843
|-
|-
| a) Agriculture and Fisheries ||   || 5 || 11 || 174 || 256 || 280
|Industry || 71650 || 99834 || 113839
|-
|-
| b) Industry ||   || 5374 || 8812 || 13906 || 16219 || 18475
|Trade and Commerce || 43924 || 42230 || 39517
|-
|-
| c) Trade and Commerce ||   || 20672 || 21832 || 20360 || 23554 || 33531
|Poverty Reduction || 0 || 0 || 0
|-
|-
| d) Poverty Reduction ||   || - || - || - || - || -
|CSR || 208 || 116 || 261
|}
|}
                                                                                                                                                                                                                   
''Source''  Government of Bangladesh, Ministry of Finance, Banking and Financial Institution Division, ''Bank o Arthik Prothisthan Samuher Karjaboli'' [Annual Report on Banks and Financial Institutions], 2004-05 to 2009-10.


The bank operates about all commercial banking activities including deposit, lending, services foreign trade and financing in different projects. Since its inception, Southeast Bank doing widely foreign exchanges business and foreign trade. So at present the bank has correspondent relationships with 154 banks/bank offices in 50 countries. [Muhammad Abdul Mazid]
''Source''  Government of Bangladesh, Ministry of Finance, Banking and Financial Institution Division, ''Barshik Protibedon'' [Annual Report on Banks and Financial Institutions], 2019-20 and 2020-21.
 
The bank operates about all commercial banking activities including deposit, lending, services foreign trade and financing in different projects. Since its inception, Southeast Bank doing widely foreign exchanges business and foreign trade. So at present the bank has correspondent relationships with 309 banks/bank offices in 50 countries.
 
In 2020, bank deposits accounted for 2.4 per cent of total banking sector deposits and loans and advances accounted for 2.3 per cent of total banking sector loans and advances. The average interest rate differential between June 2020 based deposits and loans and advances was 7.9 percent.  [Muhammad Abdul Mazid]


[[Category:Financial Institutes]]
[[Category:Financial Institutes]]


[[bn:সাউথইস্ট ব্যাংক লিমিটেড]]
[[bn:সাউথইস্ট ব্যাংক লিমিটেড]]

Latest revision as of 20:32, 13 October 2023

Southeast Bank Limited was a commercial bank in private sector of Bangladesh. It was incorporated as a public limited company on 12 March 1995 under the Companies Act 1994. It commenced banking operations on 25 May of the same year with an authorised capital of Tk 500 million and the paid up capital was Tk 200 million. At present (2021), the bank has 135 branches.

The management of the bank is vested in a 13-member board of directors including the chairman and a vice-chairman. The managing director is the chief executive.

Basic Facts and Economic Indicators (In Million Taka)

Indicators 2018 2019 2020
Authorized Capital 15000 15000 15000
Paid up Capital 10545 11599 11889
Reserved Fund 18860 20199 18514
Deposits 298321 329798 359900
a) Call Deposits 47406 55641 74130
b) Term Deposits 250915 274157 285770
Loans and Advances 265204 295015 320368
Investment 62884 74484 94184
Total Asset 381058 422302 465082
Total Income 33500 36967 33348
Total Expenditure 23629 27279 25284
Foreign Currency Trading 549501 593080 528130
a) Export 190403 205907 176420
b) Import 242295 248901 221823
c) Remittance 116803 138272 129887
Total manpower 2797 2885 2859
a) Officers 2305 2402 2381
b) Staff 492 483 478
Correspondent Banks 285 305 309
Total Branches (in numbers) 135 135 135
a) Domestic 135 135 135
b) Overseas 0 0 0
Agriculture Credit
Loan Disbursed 3439 4566 4074
Realised 4010 3240 4193
Industrial Credit
Loan Disbursed 186959 199700 225574
Realsied 169464 181236 205112
Loan Outstanding by Sector
Agriculture and Fisheries and Forestry 2630 4034 3843
Industry 71650 99834 113839
Trade and Commerce 43924 42230 39517
Poverty Reduction 0 0 0
CSR 208 116 261

Source Government of Bangladesh, Ministry of Finance, Banking and Financial Institution Division, Barshik Protibedon [Annual Report on Banks and Financial Institutions], 2019-20 and 2020-21.

The bank operates about all commercial banking activities including deposit, lending, services foreign trade and financing in different projects. Since its inception, Southeast Bank doing widely foreign exchanges business and foreign trade. So at present the bank has correspondent relationships with 309 banks/bank offices in 50 countries.

In 2020, bank deposits accounted for 2.4 per cent of total banking sector deposits and loans and advances accounted for 2.3 per cent of total banking sector loans and advances. The average interest rate differential between June 2020 based deposits and loans and advances was 7.9 percent. [Muhammad Abdul Mazid]

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