21 Assets pledged
| Download |
|
31.12.2019 |
31.12.2018 |
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|---|---|---|---|---|---|---|---|---|
in CHF thousands |
Carrying value |
Actual liability |
Carrying value |
Actual liability |
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Financial investments |
350'794 |
280'511 |
337'650 |
262'109 |
||||
Mortgage loans |
1'401'918 |
1'109'700 |
1'242'735 |
991'700 |
||||
Total assets pledged |
1'752'712 |
1'390'211 |
1'580'385 |
1'253'809 |
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The financial investments are pledged with national and central banks for Lombard limits, for stock exchange guarantees and to safeguard the business activity of foreign organisations pursuant to local legal provisions. Mortgage loans are pledged as collateral for shares in bond issues of the Swiss Regional or Cantonal Banks’ Central Bond Institutions.