Annual report 2019

33. Subordinated liabilities

Subordinated liabilities 12 months ended
31.12.2019
12 months ended
31.12.2018
1,882,064 1,875,769
Change in the balance of subordinated liabilities 12 months ended
31.12.2019
12 months ended
31.12.2018
Opening balance 1,875,769 1,645,102
Loans received 172,000
Change in the balance of interest (1,110) (601)
Exchange differences 7,405 59,268
Closing balance 1,882,064 1,875,769

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