Main navigation

Header
Annual Report 2008
3rd place in MDAX

(29) Liabilities due to banking business

In the table below the balance sheet items of “Liabilities towards clients from the banking business” and “Liabilities towards banks from the banking business” have been summarised.

All figures in €’000 Dec 31, 2008 Dec 31, 2007
  Current Non-current Total Current Non-current Total
Liabilities due to clients 778,400 435 778,835 724,134 682 724,816
Liabilities due to banks 1,059 23,965 25,024 3,590 23,876 27,465
Total 779,459 24,400 803,859 727,724 24,558 752,281

The change in liabilities due to banking business of € 752,281 thsd to € 803,859 thsd is essentially due to the increase in client deposits.

At December 31, 2008, liabilities due to clients from savings deposits with an agreed notice period of three months amounted to € 9,632 thsd (previous year: € 8,977 thsd).

The liabilities towards clients or towards banks does not comprise any large individual items.

The changes in disclosure made are explained in note 3.
See
note 33 for further details about this item.