Integrated Report 2020

35. Subordinated liabilities

31.12.2020 31.12.2019
Subordinated liabilities 4,306,539 1,882,064

 

Change in the balance of subordinated liabilities 12 months ended
31.12.2020
12 months ended
31.12.2019
Opening balance 1,882,064 1,875,769
Loans received 2,300,000
Change in the balance of interest 1,795 (1,110)
Exchange differences 122,680 7,405
Closing balance 4,306,539 1,882,064

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