Southeast Bank’s profit drops 80% in 2024 | The Business Standard
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TUESDAY, JULY 15, 2025
Southeast Bank’s profit drops 80% in 2024

Stocks

TBS Report
29 May, 2025, 09:25 pm
Last modified: 29 May, 2025, 09:27 pm

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Southeast Bank’s profit drops 80% in 2024

The bank has also decided not to pay any dividend to its shareholders for the last year.

TBS Report
29 May, 2025, 09:25 pm
Last modified: 29 May, 2025, 09:27 pm
The logo of Southeast Bank PLC. Photo: Courtesy
The logo of Southeast Bank PLC. Photo: Courtesy

Southeast Bank has reported that its consolidated earnings per share dropped by 80% to Tk0.32 in 2024 compared to the previous year.

The bank's price sensitive statement was approved in a meeting held today (29 May).

According to the statement, the bank also decided not to pay any dividend to its shareholders for the last year as it is taking steps to strengthen the capital base, which will support long-term financial stability.
 

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