41. Contingent liabilities
The following table presents the value of liabilities granted and received by the Bank.
Contingent liabilities | 31.12.2021 | 31.12.2020 |
Contingent commitments granted | 43,750,937 | 38,053,674 |
Financial commitments | 33,487,647 | 30,220,021 |
Guarantees | 10,263,290 | 7,833,653 |
Contingent commitments received | 27,524,546 | 21,911,007 |
Financial commitments | 13,592,590 | 13,037,589 |
Guarantees | 13,931,956 | 8,873,418 |
The amount of contingent liabilities granted as at 31 December 2021 equals PLN 18,813,999 thousand (PLN 15,903,598 thousand as at 31 December 2020), while the amount of contingent liabilities received by the Bank as at 31 December 2021 equals PLN 24,046,996 thousand (PLN 20,249,636 thousand as at 31 December 2020).