Amounts in thousands of EUR

2022

2021

Business clients:

 

 

Saving accounts

1,498,252

1,531,093

Fixed term deposits

161,675

118,650

Current accounts

3,084,816

2,689,536

 

 

 

Retail clients:

 

 

Saving accounts

6,427,318

6,355,907

Fixed term deposits

381,480

465,352

Current accounts

2,254,477

2,122,142

 

 

 

Interest payable

8,322

2,392

Balance sheet value as at 31 December

13,816,340

13,285,072

Deposits from customers classified by residual maturity can be broken down as follows:

 

2022

2021

Amounts in thousands of EUR

Business clients

Retail clients

Total

Business clients

Retail clients

Total

Payable on demand

4,473,609

8,575,777

13,049,386

4,110,531

8,350,259

12,460,790

1 to 3 months

209,317

173,656

382,973

158,604

196,850

355,454

3 months to 1 year

45,726

202,683

248,409

40,706

239,228

279,934

1 to 5 years

16,344

93,341

109,685

26,240

128,881

155,121

Longer than 5 years

2,608

23,279

25,887

3,980

29,793

33,773

Balance sheet value as at 31 December

4,747,604

9,068,736

13,816,340

4,340,061

8,945,011

13,285,072

Accounting policy

Deposits from customers are initially measured at fair value less incremental direct transaction costs, and subsequently measured at their amortised cost using the effective interest method.