Page 70 - Agib Bank Ltd Annual Report and IFRS Financial statements 2020
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Shipment Exchange Commission - 563
Arrangement fees 9,902 7,841
Monitoring Expenses 11,056 2,159
Commission on Agib Fast - 136
Charges on withdrawal 1,621 849
RTGS Charges 183 199
Other fees and commissions 611 424
Total fee and commission income 68,544 44,914
2020 2019
9 Fees and commission expenses
Swift Charges 1,684 849
Total fee and commission expense 1,684 849
Net fees and commission expenses 66,860 44,065
10 Net trading income 2020 2019
Commission on forex dealings 16,211 7,057
Bank profit Share (Investor) - -
Fair value adjustments from investment properties - -
Total net trading income 16,211 7,057
11 Other operating income 2020 2019
Rental Income 1,383 749
Income from Basse Guest House 813 3,062
Income from commodity sales 25,073 34,283
Gain on disposal of Investment Property 4,315 427
Recoveries 585 542
Gain on Revaluation of investment Properties 23,242 -
Management Fees - 100
Total operating Income 55,411 39,163
2020 2019
12 Personnel Expenses
Full time employees salary 25,672 23,832
Social Security Costs 2,466 2,235
Transportation Allowance 3,054 2,806
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Annual Report and IFRS Financial Statements for the year ended 31 December 2020 69
