Company · Analysis · 29 Oct 2026
Southeast Bank: NPL halved to 7.5% and the Tk1,539 crore provision shortfall cleared, but net interest income turned negative in H1 2026
Write-offs of BDT 21.5bn cut classified loans from 14.82% to 7.51% of loans in 2025 and the 2024 BB-deferred shortfall is gone, yet special mention loans rose to 14.8% of the book, interest expense exceeded interest income in H1 2026, and paid-up capital below Tk2,000 crore bars cash dividends from FY2026.
Southeast Bank PLC is a second-generation private commercial bank incorporated in 1995, with 135 branches at the end of 2024, 3,196 employees and a balance sheet of BDT 554.4bn at the end of 2025 on a consolidated basis. It runs a conventional book with five…