1.1 Due to banks: breakdown

Type of operations/Components of group

31.12.2010

31.12.2009

1. Due to Central banks

152,420

98,000

2. Due to banks

600,037

742,546

2.1 Current accounts and on demand deposits

69,659

52,701

2.2 Term deposits

330,543

518,119

2.3 Loans

199,835

171,726

2.3.1 Repurchase agreements

199,835

171,726

2.3.2 Other

 

 

2.4 Debt from buyback commitments on treasury equity instruments

-

-

2.6 Other payables

-

-

Total

752,457

840,546

Fair value

752,457

840,546

Payables due to Central banks include 150,000 thousand Euro for repurchase agreements put in place with the Bank of Italy and which have part of the bonds obtained from the securitisation as the underlying asset.

Term deposits refer to 284,000 thousand Euro of deposits on the e-Mid platform and to 46,543 thousand Euro of other interbank deposits.

The fair value of due to banks is in line with the related carrying amount considering the fact that interbank deposits are short or very short-term.