The 27th annual general meeting (AGM) of Southeast Bank Limited held virtually on Thursday approved a total of 12 percent dividend, 8 percent cash and 4 percent stock dividend, for the year 2021, a press release said Friday. The AGM chaired by its Chairman Alamgir Kabir was attended by Vice-Chairperson Duluma Ahmed, Directors Jusna Ara Kashem, Md Akikur Rahman, M Maniruz Zaman Khan (nominee of Bay Leasing & Investment Limited), Md Rafiqul Islam (nominee of Asia Insurance Limited), Anjuman Ara Shahid (nominee of Single Click IT Solution (Pvt.) Limited, Independent Directors Syed Sajedul Karim and Mohammad Delwar Husain. Managing Director M Kamal Hossain and Company Secretary AKM Nazmul Haider also participated in the meeting. As on December 31, 2021, the bank’s total deposits amounted to Tk 376,700.77 million and its total assets reached Tk 495,841.96 million, earnings per share (EPS) was Tk 1.50 (consolidated), net asset value per share was Tk 25.22 (consolidated) and net operating cash flow per share was Tk 17.89 (consolidated). The price earnings ratio of the bank was 10.75 times in 2021. The capital and reserves of the bank soared to a record high of Tk 41,327.07 million as on December 31, 2021.
