AGRICULTURAL COOPERATIVE BANK

 AGRICULTURAL COOPERATIVE BANK


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Eighth_ Bank's revenues :

 

We List below the items of the Bank's revenues in 2005:

   A – The Banking activity:

The most important source in the Cooperative Agricultural Bank is the received interests amounted 738 million Syrian pounds in 2005 and which made up of the following sources:

 

505   million Syrian pounds

 

interests on loans and advance paymentsgranted tofarmers

 

1       million Syrian pounds

interests on loans granted to the Bank's employees.

 4      million Syrian pounds     

Interests on sales centers and delay interests

228   million Syrian pounds   

interests of Unemployment Compating Agency .

 

In'adition to the other sources of the remaining Bank's operation and activities amounting to 198 million Syrian pounds in 2005 as per the following :

 

135        million Syrian pounds           received commissions

19          million Syrian pounds           delay penalties

44          million Syrian pounds            divers revenues

 

 Thus, the total of the banking activity amounted to 936 million Syrian pounds in 2005 .

 

   B – The Commercial activity :

  The credit side of this activity amounted 11078 million Syrian pounds in 2005 and comprises the following :

 

2542     million Syrian pounds         stock in trade represesnting stock- taking

                                                      at average cost-price

7774     million Syrian pounds         sales

762       million Syrian pounds         revenues relating to warehouses

 

 Thus, the total revenus of the both commercial and Banking activities amounted 12014 million Syrian pounds in adition to previous cycles revenues , and other revenues accrued from loss & profit account 269 million Syrian pounds .There upon, the Bank's general revenues were 12283 million Syrian pounds.

 


 

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