Page 146 - Annual Report 2022

Banka Kombëtare Tregtare Annual Report 2022 84

Banka Kombëtare Tregtare Sh.a.
Notes to the Consolidated Financial Statements for the year ended
31 December 2022 (Amounts in USD, unless otherwise stated)

24. Interest income
Interest income is composed as follows:

Year ended Year ended
31 December 2022 31 December 2021
Placements with banks and balances with Central Bank 7,638,428 8,281,058
Investment securities 93,681,182 82,122,971
Loans to customers 71,464,415 78,423,423
172,784,025 168,827,452
Interest income from investment securities can be further detailed as follows:
Year ended Year ended
31 December 2022 31 December 2021
Treasury bills 3,565,677 3,056,303
Trading and available-for-sale financial assets 41,246,964 71,816,555
Held-to-maturity investments 48,868,541 7,250,113
93,681,182 82,122,971

25. Interest expense
Interest expense raised from financial liabilities measured at amortized cost is composed as follows:
Year ended Year ended
31 December 2022 31 December 2021
Due to banks and financial institutions 6,988,940 3,880,438
Customer deposits 22,247,979 17,674,453
Lease liability 361,043 432,368
29,597,962 21,987,259

26. Fees and commissions, net

Fee and commission revenue and expense are comprised of the following items:
Year ended Year ended
31 December 2022 31 December 2021
Fee and commission income
Electronic banking transactions 10,964,620 8,871,235
Payment services to clients 7,704,236 7,920,981
Customer accounts’ maintenance 5,257,416 5,133,149
Inter-bank transactions 4,357,706 2,557,918
Lending activity 892,430 1,630,032
Cash transactions with clients 849,981 985,017
Other fees and commissions 518,912 444,434
30,545,301 27,542,766
Fee and commission expense
Inter-bank transactions (1,177,503) (497,409)
Payment services to clients (138,313) (140,892)
Customer accounts’ maintenance (80,631) (80,619)
Transactions with clients (15,228) (2,912)
Other fees and commissions (2,888) (1,626)
(1,414,563) (723,458)
Fees and commissions, net 29,130,738 26,819,308