Southeast Bank PLC shareholders have approved increasing the bank’s authorised capital from Tk1,500 crore to Tk2,000 crore and endorsed a 3% cash dividend and 7% stock dividend at the bank’s 9th Extra-Ordinary General Meeting (EGM) and 31st Annual General Meeting (AGM).
The meetings were held through a digital platform on Thursday, 23 July 2026, with Southeast Bank Chairman M A Kashem presiding. The bank’s Vice Chairperson Rehana Rahman joined virtually, while directors, independent directors, sponsors and a large number of shareholders also participated through the platform.
Southeast Bank said in a press release that shareholders unanimously approved the special resolution to increase the authorised capital and endorsed amendments to Clause ‘V’ of the Memorandum of Association and Article 4(a) of the Articles of Association at the EGM.
At the AGM, shareholders approved the Board of Directors’ recommended 3% cash dividend and 7% stock dividend for the year.
Managing Director and CEO Md Khalid Mahmood Khan welcomed shareholders participating in the meetings and highlighted the bank’s operational performance for 2025. He also presented future plans and strategic initiatives aimed at improving operational efficiency and asset quality.
The AGM featured a presentation on the bank’s financial performance. Southeast Bank reported consolidated operating profit of Tk11,978.43 million in 2025. As of 31 December 2025, the bank’s total deposits stood at Tk439,234.90 million, while total assets reached Tk554,424.56 million.
The bank’s consolidated earnings per share (EPS) was Tk2.51, net asset value per share was Tk25.74, and price-earnings ratio stood at 3.62 times in 2025. Its regulatory capital reached Tk51,096.18 million as of 31 December 2025.
Southeast Bank said it remained one of the industry’s most cost-efficient banks, with its cost-to-income ratio standing at 39.56%.
Chairman M A Kashem thanked shareholders for their continued cooperation and support in ensuring the bank’s sustainable growth. He said shareholders’ suggestions would be gradually implemented to further strengthen the bank’s brand image and improve operational efficiency, performance and long-term sustainability.
