7 Commitments and contingent liabilities

During the first half year of 2018 the irrevocable facilities decreased mainly as a result of disbursements and lower production of new contracts.

 

IFRS 9
June 30, 2018

IAS 39 December 31, 2017

   

Contingent liabilities

  

Effective guarantees issued

101,100

68,129

Less: provisions, amortized costs and obligations for guarantees (presented under other liabilities)

-2,157

-3,108

Total contingent liabilities

98,943

65,021

   

Guarantees received

  

Effective guarantees received

194,525

175,042

Total guarantees received

194,525

175,042