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Southeast Bank PLC. recently held its Monthly "Business Review Meeting," based on the performance in the month of August presided over by the Bank’s Managing Director, Nuruddin Md. Sadeque Hossain.
The meeting brought together Senior Executives from the head office, Heads of branches, Manager Operations of branches, In-Charges of Uposhakhas and Offshore banking units, who participated virtually, according to a media release.
The meeting focused on reviewing the bank's recent business performance, with a strong emphasis on leveraging the latest technology to deliver innovative financial services and enhance customer satisfaction.
The discussion highlighted several key areas, including extending banking services to underprivileged communities at the grassroots level, providing SME loans on favorable terms to promising entrepreneurs, and delivering modern banking solutions to retail customers while ensuring full compliance with regulatory requirements.
Additionally, the bank reaffirmed its commitment to contributing to the country's economic growth by supporting the establishment of new industrial enterprises in the corporate sector.
Special emphasis was placed on reducing sector-wise credit concentration by increasing loan support in emerging sectors such as pharmaceuticals, IT, power and energy, healthcare, and ceramics. A key focus of the meeting was to intensify the bank's efforts in recovering classified and written-off loans, the release adds.