Southeast Bank okays 20pc cash, 20pc stock dividends
Southeast Bank Limited has okayed 20 percent cash dividend and 20 percent stock dividend for the year 2003.The dividends were declared at a recent board meeting of the bank in Dhaka, says a press release. The board meeting also resolved to hold the 9th annual general meeting of the bank on September 29 this year. The meeting, presided over by the bank's Chairman Azim Uddin Ahmed, also approved the balance sheet and profit & loss account for the year ending December 31, 2003. The bank achieved a profit of Tk 66.52 crore before provision and taxation during the year 2003, which is 35 percent higher than that of the previous year.
| 
