40. Amounts due to customers
Report Online
2020
accounting policies
The principles of classification and measurement are described in the note „Description of major accounting principles”.
Liabilities from insurance products include liabilities from unit-linked products, safe capital product, structured products and insurance deposits.
Financial information
| AMOUNTS DUE TO CUSTOMERS
31.12.2020 |
Amounts due to households | Amounts due to corporate entities |
Amounts due to public entities |
Total |
| Measured at fair value through profit or loss | 1 216 | – | – | 1 216 |
| Liabilities in respect of insurance products | 1 216 | – | – | 1 216 |
| Measured at amortized cost | 223 691 | 43 705 | 13 744 | 281 140 |
| Cash on current accounts and overnight deposits of which | 174 525 | 42 224 | 13 706 | 230 455 |
|
savings accounts and other interest-bearing assets |
53 631 | 16 059 | 7 322 | 77 012 |
| Term deposits | 48 354 | 798 | 18 | 49 170 |
| Other liabilities | 494 | 683 | 20 | 1 197 |
| Liabilities in respect of insurance products | 318 | – | – | 318 |
| Total | 224 907 | 43 705 | 13 744 | 282 356 |
The Group decided to separate the line of liabilities in respect of insurance products measured at fair value and there to present technical provisions for life insurance where the investment risk is borne by the insured. The measurement of these provisions is based on the value of the corresponding assets measured at fair value. The comparative data has been adjusted accordingly.
| AMOUNTS DUE TO CUSTOMERS
31.12.2019 |
Amounts due to households | Amounts due to corporate entities |
Amounts due to public entities |
Total |
| Measured at fair value through profit or loss | 1 353 | 46 | – | 1 399 |
| Liabilities in respect of short position in securities | – | 46 | – | 46 |
| Liabilities in respect of insurance products | 1 353 | – | – | 1 353 |
| Measured at amortized cost | 193 769 | 49 648 | 11 354 | 254 771 |
| Cash on current accounts and overnight deposits of which | 127 520 | 40 381 | 10 997 | 178 898 |
| savings accounts and other interest-bearing assets | 45 177 | 16 799 | – | 61 976 |
| Term deposits | 65 535 | 8 435 | 331 | 74 301 |
| Other liabilities | 393 | 832 | 26 | 1 251 |
| Liabilities in respect of insurance products | 321 | – | – | 321 |
| Total | 195 122 | 49 694 | 11 354 | 256 170 |
| AMOUNTS DUE TO CUSTOMERS BY MATURITY | 31.12.2020 | 31.12.2019 |
| Measured at fair value through profit or loss: | 1 216 | 1 399 |
| up to 1 month | – | 45 |
| 3 months to 1 year | – | 1 |
| 1 to 5 years | 2 | 2 |
| over 5 years | 1 214 | 1 351 |
| Measured at amortized cost: | 281 140 | 254 771 |
| up to 1 month | 240 938 | 197 229 |
| 1 to 3 months | 11 146 | 16 865 |
| 3 months to 1 year | 17 941 | 29 290 |
| from 1 to 5 years | 3 420 | 5 510 |
| over 5 years | 7 695 | 5 877 |
| Total | 282 356 | 256 170 |
| AMOUNTS DUE TO CUSTOMERS BY SEGMENT | 31.12.2020 | 31.12.2019 |
|
retail and private banking |
197 003 | 174 091 |
|
Corporate entities |
41 095 | 49 918 |
|
SME |
42 712 | 30 476 |
|
other liabilities (including liabilities in respect of insurance products) |
1 546 | 1 685 |
| Total | 282 356 | 256 170 |
| AVERAGE INTEREST RATES AN AMOUNTS DUE TO CUSTOMERS | 31.12.2020 | 31.12.2019 |
| Non-financial institutions: | 0.00% | 0.87% |
|
of which term deposits: |
0.38% | 1.10% |
|
of which deposits in the current account and one day deposits: |
0.00% | 0.84% |
| Households: | 0.07% | 0.53% |
|
of which term deposits: |
0.22% | 0.95% |
|
of which deposits in the current account and one day deposits: |
0.02% | 0.29% |