Section 2 – Commissions - Items 40 and 50

2.1 Commission income: breakdown

Service type/Amounts31.12.201631.12.2015
a) guarantees granted38102
b) derivatives on loans--
c) management, mediation and consultancy services:558-
1. trading in financial instruments--
2. trading in currencies--
3. asset management359-
3.1. individual359-
3.2. collective--
4. safe custody and management of securities--
5. depository bank--
6. placement of securities--
7. order collection and transmission--
8. consultancy--
8.1 on investments--
8.1 on financial structure--
9. third-party services199-
9.1. asset management--
9.1.1. individual--
9.1.2. collective--
9.2. insurance products199-
9.3. Other products--
d) collection and payment services9872,101
e) servicing for securitisation transactions165-
f) services for factoring transactions53,56557,738
g) tax collection and payment--
h) management of multi-lateral trading systems--
i) current account holding and management1,1291,120
j) other services2,9642,113
 Total59,40663,174
     

2.2 Commission expense: breakdown

Services/Amounts31.12.201631.12.2015
a) guarantees received(202)(183)
b) derivatives on loans--
c) management, mediation and consultancy services:(96)(75)
1. trading in financial instruments--
2. trading in currencies--
3. asset management:--
3.1 own assets--
3.2 delegated by third parties--
4. safe custody and management of securities(75) 
5. placement of financial instruments--
6. out-of-office canvassing of financial instruments, services and products--
d) collection and payment services(2,956)(2,480)
e) other services(15,041)(1,653)
Total(18,295)(4,391)
 

Other services included 12,5 million Euro in up-front commissions for the factoring, leasing and lending securitisations carried out in December 2016, as described in Part E of these Notes; in addition, this line item referred to commissions from approved banks’ mediation activities, the work of other credit intermediaries, and commissions paid to correspondent banks and factors.