Page 71 - Agib Bank Limited Annual Report 2021
P. 71
29 Deposits from customers
2021 2020
Current and demand accounts 1,507,890 972,714
Savings account 1,509,395 1,254,694
Bankers acceptances - -
Investment Accounts:
3 Months 6,129 9,094
6 Months 14,378 6,306
12 Months 382,396 239,925
Total deposits from customers 3,420,188 2,482,733
30 Other liabilities
2021 2020
Other liabilities
Accrued Other Expenses 2,164 3,016
Zakat Payable 149 -
Provision for Bonus payment 5,011 2,381
Accrued Software Cost - 5,250
Oracle 925
Deferred Fixed Mudaraba 9,259 12,537
Dividend Payable 2,139 6,884
Other Payables 1,384 3,616
Salary Suspense 1,471
Income from Interbank 911
Payable Remittance - 23,152
Payable Social Security 229 335
Accrued Medical - 652
Cleaning Expense 142 341
Path Annual Maintenance - 2,440
RIA Express 1,089 1,712
Western Union - 2,504
Small World Money Transfer - 708
Moneygram - 484
Accrued Rent - 955
Payable Income Tax 578 484
Fringe Benefit Payable 2,827 1,188
VAT Payable 552 781 Annual Report and IFRS Financial Statements
General Suspense Liability 1,228 -
Provision for Nawec Fraud 13,460 -
Liability for Litigation against the bank - 1,500
Agib Bank Annual Report 2021 www.agib.gm 71
