Annual report 2009-OK.qxp - Canadia Bank Plc.
Annual report 2009-OK.qxp - Canadia Bank Plc.
Annual report 2009-OK.qxp - Canadia Bank Plc.
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<strong>Canadia</strong> <strong>Bank</strong> <strong>Plc</strong>.30.RELATED PARTY TRANSACTIONS (continued)a) Loans and advances to directors and key management<strong>2009</strong> <strong>2009</strong> 2008 2008US$ Million Riel US$ Million Rielequivalentequivalent(Note 2.1) (Note 2.1)At beginning of year 180,805 754 235,264 960Loans advanced during the year 64,436 268 137,554 561Loan repayments received (39,364) (164) (192,013) (784)At end of year 205,877 858 180,805 737Interest received 17,867 74 31,859 130Loans to directors and key management earn annual interest at rates ranging from 10% to 12%.b) Deposits from related party<strong>Annual</strong> Report <strong>2009</strong>58<strong>2009</strong> <strong>2009</strong> 2008 2008US$ Million Riel US$ Million Rielequivalentequivalent(Note 2.1) (Note 2.1)Non-interest bearing deposits in a current account 161,159 672 225,941 922c) Deposits from related parties<strong>2009</strong> <strong>2009</strong> 2008 2008US$ Million Riel US$ Million Rielequivalentequivalent(Note 2.1) (Note 2.1)Savings deposits from:Parent company 142,509 594 76,230 311Directors and key management 492,460 2,053 644,967 2,632Other related companies 147,228 614 146,680 599Term deposits from an affiliate company 4,200,000 17,509 4,200,000 17,140Total deposits 4,982,197 20,770 5,067,877 20,682Interest paid 281,019 1,172 2,783 11
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