Southeast Bank Limited
Phone: +880-2-9571115, 7160866, 9555466, 7173793, Fax: +880-2-9550093
Head Office: Eunoos Trade Center, 52-53, Dilkusha, Commercial Area, (Level – 2, 3, 4 & 16), Dhaka – 1000, Bangladesh
Known As: SEBL
SWIFT Code: SEBDBDDH
Stock Code: SOUTHEASTB
Southeast Bank restricted was established as a 3rd generation personal sector bank of Asian nation. Until currently it’s developed itself and contributed quite ton to the financial system. Within the year 2001 its licensed capital was BDT five hundred million and in 2010 that grew up to BDT ten, 000 million. The Bank’s paid up capital reached to BDT 6930 million from BDT 363 million in 2001. The bank provides all of business banking services to its shoppers. The key fields of activities could also be distinguished as follows:
- standard Banking
- Islamic Banking
- Credit service
- Foreign Trade
- remittent service
Southeast Bank presents common deposit accounts like Savings and Current for individual customers. Additionally there are some enticing deposit programs for the purchasers. This are mounted Deposit Receipt, Double profit theme, Special notice deposit, Monthly Savings theme, and have Deposit. The deposit schemes provide competitive come. SEBL has introduced twin currency Visa master card for its purchasers. You will take the chance of avoiding money even on traveling abroad.
Islamic Banking of Southeast Bank provides all services of standard banking. Additionally there’s a theme for saving cash to perform hajj, pilgrim’s journey to Mecca. However the terms and conditions of all the schemes are in compliance with Islamic laws of business and finance. Thus if you’re desperate to perform banking in harmoniousness together with your belief in Islam you will visit any branch of SEBL.
SEBL provides loan and advance to worthy customers to assist them in trade and business and at an equivalent time to get employment. So the bank tries to contribute in financial set-up. The most heads of loans offered by the bank are:
- Over draft
- Project Loan
- Syndicated Finance
- Packing credit
- Credit against export
- Loan Against Trust Receipt
Working Capital – For a viable business you will have this loan. Any branch of the bank is authorized to figure out the loan. The process is quick and straightforward.
Over Draft – Southeast Bank serves OD facility on hypothecation of finished merchandise or raw materials. Most limits are determined by the due bill of the involved work order. OD is additionally expedited against money guarantee.
Project Loan – A prospective project might apply to possess such a loan for procuring mounted assets and machinery. This term loan is intended to patronize law officer comes.
Syndicated Finance – Fund demand of an outsized project might not be met up by Southeast Bank alone. In such a case the bank is prepared to serve you thru syndication with different banks underneath common terms and conditions.
Packing Credit – This loan is intended to support export business. Throughout manufacture and packing of export merchandise, needed fund is created out there through this theme. Traditional payback time is one year, however it’s renewable.
Credit against export – This call loan is developed for exporters to be paid as negotiated or accepted bills of export. SEBL so plays a crucial role in export business.
Loan Against Trust Receipt – Importers want finance at the post cargo stage. The bank is prepared to supply the service for a worthy shopper. If you’re one among them, you will have the possession of your foreign loading in time with the help of SEBL.
Southeast Bank has developed experience each in export and import banking services. It’s a large network of correspondent banks round the globe. The bank is usually able to serve you all told respect of banking wants associated with export and import businesses.
Southeast Bank delivers remittent service for the expatriates operating abroad. The recipient can get the money on-line at his account in any branch of the bank. He may additionally have the money over the counter at any branch. Wage earners could open accounts in SEBL.
From the terribly starting Southeast Bank is responsive to its social responsibilities. Its fashioned SEBL Foundation to perform its social duties. It’s arch worthy students from poor families. It’s additionally active concerning environmental misfortune that’s doubtless to have an effect on United States of America in future. This bank is about to build up a hospital and colleges for low financial gain individuals of the society.