Page 298 - ACCESS BANK ANNUAL REPORTS_eBook

ii. The average number of persons other than directors, in employment at the Group level during the year comprise:

Group Group Bank Bank
December December December December
2017 2016 2017 2016
Number Number Number Number
Managerial 337 292 237 233
Other staff 3,805 3,797 2,945 2,723
4,142 4,089 3,182 2,956

iii. Employees, other than directors, earning more than N900,000 per annum, whose duties were wholly or mainly
discharged in Nigeria, received remuneration (excluding pension contributions and certain benefits) in the
following ranges:

Group Group Bank Bank
December December December December
2017 2016 2017 2016
Number Number Number Number
Below N900,000 - 306 - -
N900,001 - N1,990,000 11 408 11 9
N1,990,001 - N2,990,000 - 158 - -
N2,990,001 - N3,910,000 - 71 - -
N3,910,001 - N4,740,000 1,423 1,040 1,201 1,028
N4,740,001 - N5,740,000 - 21 - -
N5,740,001 - N6,760,000 818 660 625 648
N6,760,001 - N7,489,000 - 31 - -
N7,489,001 - N8,760,000 619 481 428 446
N8,760,001 - N9,190,000 464 311 341 306
N9,190,001 - N11,360,000 - 29 - 1
N11,360,001 - N14,950,000 471 296 339 276
N14,950,001 - N17,950,000 - 10 - -
N17,950,001 - N21,940,000 224 177 170 167
N21,940,001 - N26,250,000 57 43 37 38
N26,250,001 - N30,260,000 62 3 - -
N30,261,001 - N45,329,000 - 44 30 37

4,149 4,089 3,182 2,956

15 Other operating expenses

Group Group Bank Bank
In thousands of Naira December December December December
2017 2016 2017 2016
Number Number Number Number
Premises and equipment costs 9,950,906 8,170,973 8,033,103 6,627,493
Professional fees 5,679,646 2,119,700 5,513,453 1,558,808
Insurance 1,332,628 1,093,148 1,068,010 893,562
Business travel expenses 6,766,599 6,980,197 6,303,654 6,442,064
Asset Management Corporation of Nigeria (AMCON) 15,474,803 12,059,720 15,474,803 12,059,720
surcharge (see note (a) below) 5,952,588 6,002,813 5,952,588 6,002,813
Deposit insurance premium 529,006 460,182 380,000 350,000
Auditor’s remuneration 19,027,793 16,513,674 17,904,438 15,347,843
Administrative expenses 671,633 526,108 521,268 386,684
Board expenses 4,263,329 2,523,023 3,031,550 1,698,749
Communication expenses 16,077,936 13,983,760 13,559,140 12,246,639

298 Access BAnk Plc
Annual Report & Accounts 2017