Southeast Bank PLC has signed a memorandum of understanding (MoU) with Tropical Homes Limited, a Dhaka-based real estate development company.

Masum Uddin Khan, deputy managing director of the bank, and M Hoque Faishal, director (sales and marketing) of the realtor, signed the MoU at the bank's head office in Dhaka recently, according to a press release.

Under this agreement, customers of the realtor will be able to avail themselves of the bank's home loan facilities at concessional and competitive rates of interest, along with other special benefits.

Nuruddin Md Sadeque Hossain, managing director of the bank, was present.

Abidur Rahman Chowdhury, deputy managing director of the bank, and Mohammad Rakib Hossain, general manager for sales at Tropical Homes, along with other officials from both organisations, were also present.