6.1 Due from banks: breakdown

Type/Amounts

31.12.2010

31.12.2009

A. Due from Central banks

106

1,418

1. Restricted deposits

-

-

2. Legal reserve

106

58

3. Repurchase agreements

-

-

4. Others

-

1,360

B. Due from banks

227,907

181,441

1. Current accounts and on demand deposits

101,366

75,645

2. Restricted deposits

30,021

13,501

3. Other loans

-

-

3.1 Repurchase agreements

 

 

3.2 Finance leases

 

 

3.3 Other

 

 

4. Debt securities

96,520

92,295

4.1 Structured

 

 

4.2 Others

96,520

92,295

Total (carrying amount)

228,013

182,859

Total (fair value)

228,013

182,859

The sub-heading current accounts and on demand deposits includes over night deposits, partly traded on the e-Mid platform.

Other debt securities refer to bonds issued by banks which, due to their characteristics, are classified under due from banks.

Lending financial resources to other credit institutions is not a core activity for the group but rather is carried out for contingency purposes in order to maintain higher levels of liquidity to cover year-end expiries.

The fair value of due from banks proves aligned with the related carrying amount, considering the fact that interbank deposits and debt securities are short or very short-term at indexed rates.