2020

2019

 

 

 

ECL on financial guarantee contracts issued

14

19

ECL on loan commitments issued

2,233

676

Other provisions

2,137

4,782

 

 

 

Balance sheet value as at 31 December

4,384

5,477

A provision in the amount of EUR 0.6 million has been created regarding the conversion of regulated savings accounts. A provision regarding the internal reorganization was made of which EUR 0.4 million (2019: EUR 3.5 million) is still unutilised. Further provisions have been formed regarding disputes and claims.

An amount of EUR 4.1 million (2019: EUR 3.5 million) can be classified as shorter than one year.

The movement of the other provisions is as follows:

 

2020

2019

 

 

 

Balance sheet value as at 1 January

4,782

5,259

Addition

1,179

5,024

Withdrawal

-1,952

-2,471

Release

-1,850

-3,113

Exchange rate differences

-22

83

 

 

 

Balance sheet value as at 31 December

2,137

4,782