Page 61 - Agib Bank Limited Annual Report 2021
P. 61

2021           2020
                 8   Fee and commission income

                 Service charge on current Accounts                               31,885           21,781

                 Cheque book commission                                             829            984
                 Statement Commission                                               305            176

                 Commission on Sukuk Al Salaam                                        3                 6
                 Letter of guarantee Commission                                   29,603         19,413

                 ATM Card Revenue                                                   329            257
                 Western Union                                                      193            397
                 Income from Ria Express                                            541            717

                 Income from Wari                                                     0            303
                 Income from Small World                                            101               -
                 LC commissions                                                        -              -
                 Swift Charges                                                      650            297
                 Sundry fees & Commissions                                         2,347           657

                 Shipment Exchange Commission                                      2,224              -
                 Arrangement fees                                                        17,100                   9,902
                 Monitoring Expenses                                               7,598         11,056
                 Outward Iss. Com (SG)                                             2,318              -
                 Charges on withdrawal                                             2,062          1,621
                 RTGS Charges –Outgoing                                             351            183
                 Other fees and commissions                                         606            611
                 Total fee and commission income                                  99,045         68,544



                                                                                   2021            2020
                 9   Fees and commission expenses

                 Swift Charges                                                     1,528           1,684

                 Total fee and commission expense                                  1,528           1,684
                 Net fees and commission expenses                                 97,517          66,860



                 10   Net trading income                                             2021          2020

                 Commission on forex dealings                                       47,066        16,211

                 Bank profit Share (Investor)                                            -             -
                 Fair value adjustments from investment properties                       -             -


                 Total net trading income                                           47,066        16,211          Annual Report and IFRS Financial Statements








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