Southeast Bank wins JP Morgan’s Award

Southeast Bank Limited bagged ‘The 2022 US Dollar Clearing Elite Quality Recognition Award for Outstanding Achievement of Best-in-Class’ of JP Morgan Chase Bank, NA, the largest bank in the United States and the fifth-largest bank in the world in terms of total assets.

Southeast Bank Managing Director M Kamal Hossain received the award from Sazzad Anam, Executive Director and Head of Financial Institutions, Treasury Service of JP Morgan Chase Bank NA, Bangladesh Representative Office.

Southeast Bank exceeded J.P. Morgan’s stringent Straight through processing (STP) performance standard by maintaining 99.71 per cent STP in MT103 transaction processing. In appreciation of that performance, JP Morgan awarded Southeast Bank.

In the award ceremony other officials from both the organisations were also present.