Annual Report - Ahli United Bank

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Annual Report - Ahli United Bank

Notes to theConsolidated Financial Statements (Contd.)5 INTEREST EXPENSE2009 2008US$’000US$’000Deposits from banks and other financial institutions 85,110 224,883Customers’ deposits 343,716 528,898Term debts 18,836 49,311Subordinated liabilities 20,036 33,875467,698 836,9676 FEES AND COMMISSIONS - NET2009 2008US$’000US$’000Fees and commissions income- Retail and corporate banking 95,325 78,382- Management, performance and brokerage fees 47,199 76,976Fees and commissions expense (3,994) (4,728)138,530 150,630Included in ‘management, performance and brokerage fees’ is US$ 12.4 million (2008: US$ 23.9 million) of fee income relating to trustand other fiduciary activities.7 TRADING INCOME - NET2009 2008US$’000US$’000Foreign exchange gains 34,336 42,895Loss on trading securities (819) (19,200)Others 5,922 1,20139,439 24,8968 NET LOSS ON AVAILABLE-FOR-SALE INVESTMENTS2009 2008US$’000US$’000Realised gains - net 35,984 147,473(Less): impairment losses - net (50,048) (159,864)(14,064) (12,391)64 AUB Annual Report 2009

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