2020

2019

 

 

 

On demand deposits with banks

126,618

205,048

Deposits with banks

23,948

22,513

Interest receivable

15

72

Allowance for ECL

-18

-42

 

 

 

Balance sheet value as at 31 December

150,563

227,591

An amount of EUR 22.1 million of the deposits is encumbered (2019: EUR 21.7 million). These are on demand deposits at Cecabank in the amount of EUR 1.0 million (2019: EUR 1.0 million), ING Bank EUR 13.0 million (2019: EUR 13.0 million), Banco Cooperativo EUR 7.5 million (2019: EUR 7.0 million) and Mastercard EUR 0.6 million (2019: EUR 0.7 million). A deposit of EUR 1.0 million (2019: EUR 1.0 million) is subordinated. All other deposits can be freely disposed of.

By residual maturity:

 

2020

2019

 

 

 

On demand

126,615

205,078

1 to 3 months

8,948

7,513

3 months to 1 year

15,000

15,000

1 to 5 years

-

-

Longer than 5 years

-

-

 

 

 

Balance sheet value as at 31 December

150,563

227,591

The balance sheet value of the loans and advances to banks as at 31 December can be broken down as follows:

 

2020

2019

 

 

 

ABN AMRO Bank

6,654

-

Banco Cooperativo

8,595

8,131

Caja de Ingenieros

1,062

604

Cecabank

4,000

4,111

DZ Bank

24,304

51,873

Euroclear Bank

2,248

2,595

ING Bank

57,681

103,281

National Westminster Bank (Natwest)

21,897

29,906

Rabobank

15,884

20,790

Other

8,238

6,300

 

 

 

Balance sheet value as at 31 December

150,563

227,591