(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|
|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|
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.