Southeast Bank PLC has held its 767th board meeting, said a press release.
Chairman MA Kashem presided over the meeting.
During the meeting held on May 29, the board reviewed and approved audited financial statements for the year ending 2024, along with the unaudited results for Quarter One (Q1) 2025.
The board resolved not to declare dividends for 2024. Instead, the bank will allocate its entire operating profits toward provisions for non-performing loans.w
Among others, vice-chairperson Rehana Rahman, directors Azim Uddin Ahmed, Jusna Ara Kashem, Duluma Ahmed, Alamgir Kabir, Nasir Uddin Ahmed, Khandker Badrul Hassan, Md Rafiqul Islam (nominee of Asia Insurance Limited), Md Nurul Islam (nominee of Single Click IT Solution), independent directors M Moyeen Alam Firozee, Md Mozibur Rahman, managing director (current charge) Abidur Rahman Chowdhury and company secretary Mamunur Rashid participated in the meeting.