Southeast Bank awarded by JP Morgan for US dollar clearing excellence
Southeast Bank PLC has won JPMorgan Chase Bank, NA's "2025 US dollar clearing elite quality recognition award for outstanding achievement of best-in-class", the bank said.
The award was presented at a ceremony attended by M A Kashem, chairman of Southeast Bank PLC, as the chief guest. Md Khalid Mahmood Khan, the managing director and CEO, along with additional managing directors, deputy managing directors, divisional heads, and other senior officials, were also present.
M A Kashem received the award from Sazzad Anam, executive director and head of financial institutions, treasury services, JPMorgan Chase Bank, N A, Bangladesh representative office.
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Southeast Bank said it exceeded JPMorgan's straight-through processing (STP) performance standard by maintaining 99.71% STP in MT103 transaction processing, and was recognised for that performance.
