17 Due to Individuals and Corporate Customers
In millions of Russian Roubles | 2010 | 2009 |
---|---|---|
Individuals: | ||
- Current/demand accounts | 785,750 | 540,455 |
- Term deposits | 4,048,709 | 3,246,857 |
Total due to individuals | 4,834,459 | 3,787,312 |
State and public organisations: | ||
- Current/settlement accounts | 116,827 | 104,004 |
- Term deposits | 40,475 | 32,900 |
Total due to state and public organisations | 157,302 | 136,904 |
Other corporate customers: | ||
- Current/settlement accounts | 1,082,754 | 861,028 |
- Term deposits | 576,616 | 653,627 |
Total due to other corporate customers | 1,659,370 | 1,514,655 |
Total due to corporate customers | 1,816,672 | 1,651,559 |
Total due to individuals and corporate customers | 6,651,131 | 5,438,871 |
Economic sector concentrations within customer accounts are as follows:
2010 | 2009 | |||
---|---|---|---|---|
In millions of Russian Roubles | Amount | % | Amount | % |
Individuals | 4,834,459 | 72.7 | 3,787,312 | 69.6 |
Oil and gas | 266,889 | 4.0 | 233,772 | 4.3 |
Trade | 260,559 | 3.9 | 241,233 | 4.5 |
Services | 254,117 | 3.8 | 248,421 | 4.6 |
Construction | 166,905 | 2.5 | 153,049 | 2.8 |
Machine building | 110,165 | 1.7 | 102,209 | 1.9 |
Energy | 104,246 | 1.6 | 135,648 | 2.5 |
Metallurgy | 87,854 | 1.3 | 51,935 | 1.0 |
Municipal bodies and state organisations | 82,717 | 1.2 | 54,014 | 1.0 |
Food and agriculture | 79,381 | 1.2 | 73,195 | 1.3 |
Chemical | 44,269 | 0.7 | 51,589 | 0.9 |
Other | 359,570 | 5.4 | 306,494 | 5.6 |
Total due to individuals and corporate customers | 6,651,131 | 100.0 | 5,438,871 | 100.0 |
As at 31 December 2010 included in term deposits of corporate customers are deposits in the amount of RR 5 968 million (31 December 2009: RR 2 174million) received under sale and repurchase agreements with legal entities. Fair value of securities collateralised under these agreements amounted to RR 6 943million and was included in securities pledged under repurchase agreements (31 December 2009: RR 2 560 million). Refer to Notes 11 and 32.
As at 31 December 2010included in Due to corporate customers are deposits of RR 78 749million (31 December 2009: RR 82 068 million) held as collateral for irrevocable commitments under import letters of credit. Refer to Note 32.
As at 31 December 2010 the Group had 20 largest customers with balances above RR 7 450 million (31 December 2009: 20 customers with balances above RR 7 500 million). The aggregate balance of these customers was RR 561 760 million (31 December 2009: RR 456 986million) or 8.4% (31 December 2009: 8.4%) of total due to individuals and corporate customers.
The estimated fair value of due to individuals and corporate customers is disclosed in Note 34. Currency and maturity analyses of due to individuals and corporate customers are disclosed in Note 31. The information on related party balances is disclosed in Notes 35 and 36.