Page 150 - Annual Report 2022

Banka Kombëtare Tregtare Annual Report 2022 88

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

33. Related party transactions (continued)
Balances and transactions with related parties (continued)

2022 2021
Statement of comprehensive income
Interest income from:
Albtelecom Sh.a. - 1,672,560
Albania Leasing 6 612
Aktifbank 586,900 -
Calik Holding 372,862 -
ArkEstate 3,272 -
Interest expenses for:
Aktifbank (150,992) (103,533)
Fees and commissions:
Account maintenance and lending fees from Albtelecom Sh.a. - 74,172
Account maintenance and lending fees from Albania Leasing 3,707 5,017
Account maintenance and lending fees from KEDS / KESCO 35,204 79,582
Other income:
Operating lease income from Albtelecom Sh.a. - 66,216
Operating expenses:
Albtelecom Sh.a. and Calik Holding (514,144) (2,326,201)
Net 336,815 (531,575)

Balances and transactions with directors and executive officers
The remuneration of directors and executive officers is included in personnel expenses. It can be detailed as follows:

Year ended Year ended
31 December 2022 31 December 2021
Directors 1,570,355 2,217,112
Executive officers 2,782,811 3,596,882
4,353,166 5,813,994

As at 31 December 2022, the total deposits of directors held with the Bank were USD 4,495,731 (31 December 2021: USD
4,374,861), while the outstanding loans granted to directors were USD 540,572 (31 December 2021: USD 350,132).