Tuesday 20, May 2008 by
Net income decline at SAIB
The bank’s performance showed a decrease in special commission income by 8.5 per cent, from $173 million in the first quarter of 2007 to $158 million in the first quarter of 2008, and a drop in special commission expense by 7 per cent. This led to 10 per cent decline in net special commission income, from $76 million in the first quarter of 2007 to $68 million in the first quarter of 2008.
