Page 137 - BKT Annual Report 2023 EN

ANNUAL REPORT 2023 68
Notes to the Consolidated Financial Statements for the year ended 31 December 2023
(amounts in USD, unless otherwise stated)

Current accounts and deposits can be further analysed by original maturity and currency as follows:

31 December 2023 31 December 2022

Local Foreign Local Foreign
currency currency Total currency currency Total
Current accounts 776,422,343 1,313,961,514 2,090,383,857 618,049,689 1,088,253,504 1,706,303,193
Deposits
On demand 147,326,694 434,321,404 581,648,098 125,227,542 376,757,844 501,985,386
Up to 39 days 47,353,600 38,226,518 85,580,118 55,578,224 31,904,263 87,482,487
40-99 days 21,753,787 80,112,031 101,865,818 23,501,114 73,860,636 97,361,750
100-189 days 50,452,458 107,102,268 157,554,726 45,635,847 81,045,362 126,681,209
190- 370 days 483,773,692 719,713,302 1,203,486,994 420,209,651 603,323,497 1,023,533,148
371 days and over 419,652,754 724,960,918 1,144,613,672 339,566,236 625,795,911 965,362,147
Accrued interest on deposits 10,169,602 11,601,176 21,770,778 5,593,234 6,947,828 12,541,062
Total deposits 1,180,482,587 2,116,037,617 3,296,520,204 1,015,311,848 1,799,635,341 2,814,947,189
Other customer accounts 41,027,642 51,082,364 92,110,006 37,587,945 32,597,539 70,185,484
Total customer deposits 1,997,932,572 3,481,081,495 5,479,014,067 1,670,949,482 2,920,486,384 4,591,435,866

Other customer accounts are composed as follows:

31 December 2023 31 December 2022

Local Foreign Local Foreign
currency currency Total currency currency Total
Guarantees for letters of credit - 199,043 199,043 - 45 45
Escrow accounts 33,614,795 46,964,755 80,579,550 27,901,615 26,794,439 54,696,054
Payment orders to be executed 1,539,622 682,779 2,222,401 1,263,035 661,026 1,924,061
Other 5,873,225 3,235,787 9,109,012 8,423,295 5,142,029 13,565,324
41,027,642 51,082,364 92,110,006 37,587,945 32,597,539 70,185,484

Deposit guarantee for letters of credit represent the cash collateral held by the Bank against similar collateral provided by the Bank to
correspondent banks for letters of credit opened on behalf of its customers.
Escrow accounts balance represents sums blocked until the completion of an operation or the extinction of a risk. Amounts registered
in these accounts mostly relate to cash coverage received from customers due to the issuance of bid and performance bonds by the
Bank or due to treasury bill transactions with Bank of Albania intermediated by the Bank. Other represents deposits that are pending
to be allocated into the relevant deposit category.

18. DUE TO BANKS AND FINANCIAL INSTITUTIONS
Due to banks as at 31 December 2023 and 31 December 2022 consisted as follows:

31 December 2023 31 December 2022
Treasury bills sold under Repo agreements with Central Bank 75,682,472 187,547,023
Securities sold under Repo agreement 12,589,916 30,709,490
Deposits from banks 62,961,517 70,109,308
Current accounts of non-resident banks 3,160,521 7,815,106
Current accounts of resident banks 100,396 96,922
Borrowing from financial institutions 4,929,215 9,506,485
159,424,037 305,784,334