It is a broadly described annual report of Southeast Bank Limited in the year of 2014. In 2014, The Authorized Capital of the Bank was BDT 15,000 million. Its Paid-Up-Capital and Reserve reached BDT 27,462.09 million as on 31st December 2014. The deposit of the Bank grew by 6.73 percent to BDT 189,472.54 million and loans and advances by 9.05 percent to BDT 147,070.81 million compared to those of 2013. The Bank’s operating profit increased to BDT 8,289.76 million in 2014 from BDT 6,700.20 million in 2013. In 2014, the Bank earned an after-tax profit of BDT 3,836.94 million.
The Board of Directors declared @15% (percent) Cash Dividend for the year 2014. These financial statements are presented in Bangladesh Taka (Taka/Tk/BDT) which is the company’s functional currency. All financial information presented in Taka has been rounded off to the nearest Taka.
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