11.5 Off-balance sheet commitments

Off-balance sheet commitments given

Off-balance sheet commitments amounted to €550 million at December 31, 2021, versus €430 million a year earlier.

At December 31, 2021, off-balance sheet commitments given broke down as follows:

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303

To the best of the Group’s knowledge and in accordance with generally accepted accounting principles, no commitments given have been omitted from the above list.

 

Off-balance sheet commitments received

Off-balance sheet commitments received from third parties at December 31, 2021 amounted to €2 million. They consisted mainly in guarantees received from clients in Brazil in exchange for post-payment facilities granted by Repom for the same amount.