Page 83 - GTBank Annual Report 2020 eBook
P. 83

8. Net fee and commission income
               Fee and commission income

                   In thousands of Gambian Dalasi                              Dec.-2020        Dec.-2019

                    Letters of Credit                                            9,980             9,504
                    Commission on Accepted Guarantees                            2,083             1,497
                    Commission on Turnover                                      49,019            53,835
                    Commission Received - Money Transfers                        1,291             1,533
                    Commission on Collection Activities                         16,886            20,459
                    Cheque Book Commission                                       1,505             1,561
                    Commission on FX Transfers                                  15,873            27,044
                    Commission on Domiciliary Withdrawals                       16,494            25,103
                    Arrangement Fees                                            11,755            14,946
                    MasterCard Transaction Fees                                   959              885
                    Legal Fees                                                    763              3,073
                                                                                126,608          159,440


               Fee and commission expense

                   In thousands of Gambian Dalasi                             Dec.-2020          Dec.-2019
                   Bank charges                                                 15,315            18,208
                                                                                15,315            18,208


               9 Net trading income


                   In thousands of Gambian Dalasi                             Dec.-2020          Dec.-2019
                   Foreign exchange                                             83,464            58,942

                   Net trading income                                           83,464            58,942

               10. Other income
                  In thousands of Gambian Dalasi                              Dec.-2020          Dec.-2019

                  POS transaction fees                                           2,484             5,005
                                                                                 2,484             5,005






                                                                                                                     Annual Report 2020




                Guaranty Trust Bank Gambia Limited                                  www.gtbankgambia.com   81
   78   79   80   81   82   83   84   85   86   87   88