Financial liabilities called “Deposits from banks” are initially measured at fair value and, subsequently, at amortized cost, using the effective interest rate method.
Composition by nature
|
| R$ thousand | |
| On December 31 | ||
| 2017 | 2016 | |
| Demand deposits | 1,030,292 | 898,877 |
| Interbank deposits | 2,168,625 | 588,872 |
| Securities sold under agreements to repurchase | 233,467,544 | 241,978,931 |
| Borrowings | 18,521,713 | 22,165,415 |
| Onlending | 30,769,294 | 36,030,587 |
| Total | 285,957,468 | 301,662,682 |