Accounting policies
Valuation and classification into categories is carried out in accordance with the principles for determining the business model and assessing the characteristics of contractual cash flows referred to in note “General accounting policies for financial instruments”.
Financial information
For more information on credit risk exposures, see note “Credit risk – financial information”.
| AMOUNTS DUE FROM BANKS | 31.12.2023 | 31.12.2022 |
|---|---|---|
| Measured at amortized cost | 14,447 | 16,103 |
| Deposits with banks | 11,994 | 13,374 |
| Current accounts | 1,676 | 2,215 |
| Loans and advances granted | 776 | 513 |
| Cash in transit | 1 | – |
| Gross carrying amount | 14,447 | 16,103 |
| Allowances for expected credit losses | (9) | (2) |
| Net carrying amount | 14,438 | 16,101 |
| AMOUNTS DUE FROM BANKS BY MATURITY | 31.12.2023 | 31.12.2022 |
|---|---|---|
| up to 1 month | 14,064 | 15,935 |
| 1 to 3 months | 276 | 102 |
| 3 months to 1 year | 89 | 56 |
| 1 to 5 years | 8 | 8 |
| more than 5 years | 1 | – |
| Total | 14,438 | 16,101 |