16 Off-balance sheet transactions

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in CHF thousands

30.06.2016

31.12.2015

+/– %

Contingent liabilities

61'485

60'106

2.3

Credit risks

170'344

284'097

−40.0

Contract volumes of derivative financial instruments

9'773'154

9'650'207

1.3

Fiduciary transactions

1'121'174

1'073'540

4.4

Securities received as collateral or borrowed within the scope of securities lending or borrowing transactions, or securities received in connection with reverse repurchase agreements, which are capable of being resold or further pledged without restrictions

1'016'816

1'143'165

−11.1