Page 46 - Annual Report 2020
P. 46

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                   5.  Composition of off-balance sheet activities




                   Off-balance sheet activities remained low during 2020, with no
                   significant movements compared to the last quarter of 2019.

                   Performance-related guarantees and undrawn credit commitments

                   (other commitments) constituted the major components,

                   representing 41.3% and 31.4%, respectively, as of December
                   2020, compared to 46.4% and 34.0% as of December 2019.












































































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