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49. Contingent assets and liabilities

Annual Report 2019 > 49. Contingent assets and liabilities
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Contingent assets and liabilities 31 December 2019 31 December 2018
Contingent assets, including: 6 6
– guarantees and sureties received 6 6
Contingent liabilities 59,437 57,667
– for renewable limits in settlement accounts and credit cards 11,122 13,211
– for loans in tranches 29,867 28,523
– guarantees and sureties given 9,782 7,682
– disputed insurance claims 773 576
– other disputed claims 212 231
– other, including: 7,681 7,444
– guaranteeing securities issues 3,636 4,470
– factoring 2,839 1,275
– intra-day limit 339 755
– letters of credit and commitment letters 674 822
– other 193 122

Granting of sureties or guarantees for loans or borrowings by PZU or its subsidiaries


In 2019 neither PZU nor its subsidiaries granted any sureties for a loan or borrowing or guarantees to any single entity or any subsidiary of such an entity where the total amount of outstanding sureties or guarantees would be significant.