41. Contingent liabilities

The following table presents the value of liabilities granted and received by the Group.

Contingent liabilities	31.12.2020	31.12.2019
Contingent commitments granted	38,053,674	31,087,503
Financial commitments	30,220,021	24,293,205
Guarantees	7,833,653	6,794,298
Contingent commitments received	21,911,007	21,443,112
Financial commitments	13,037,589	12,127,379
Guarantees	8,873,418	9,315,733

The amount of contingent liabilities granted as at 31 December 2020 equals PLN 15,903,598 thousand (PLN 14,049,630 thousand as at 31 December 2019), while the amount of contingent liabilities received by the Bank as at 31 December 2020 equals PLN 20,249,636 thousand (PLN 18,515,956 thousand as at 31 December 2019).

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41. Contingent liabilities

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