The Group grants contingent liabilities to individual customers under overdraft facilities in ROR accounts and credit cards. Those are granted for an unspecified period of time with simultaneous monitoring of the adequacy of funds inflows to the accounts.

The Group grants contingent liabilities to business customers as follows:

• overdraft facility limits for 12 months,
• guarantees, mainly up to 6 years, 60 Alior Bank Group Management Board’s Report 2019 comprising Alior Bank S.A. Management Board’s Report
• credit cards for an unspecified period of time (with simultaneous monitoring of the adequacy of funds inflows and portfolio or individual monitoring),
• guarantee limits,
• loans disbursed in tranches for up to 2 years.

The guarantee values above reflect the maximum potential loss that would be disclosed on the balance sheet date if all customers defaulted.

As at 31 December 2019, the number of active guarantees granted by Alior Bank was 1 564 for a total amount of PLN 841 999 thousand.

The Bank ensures a correct time structure of its guarantees. Active guarantees with expiry dates of less than two years (1 158) total PLN 484 935 thousand.

As at 31 December 2019 the total value of off-balance sheet contingent liabilities granted to customers was PLN 8 626 829 thousand. The amount comprised PLN 7 784 830 thousand of offbalance sheet contingent liabilities relating to financing and PLN 841 999 thousand of off-balance sheet contingent liabilities relating to guarantees.

Granted off-balance sheet liabilities (in PLN thousand)

Off-balance contingent liabilities granted to customers	31/12/2019	31/12/2018
Off-balance contingent liabilities granted to customers	Granted off-balance contingent liabilities	31/12/2019	8 626 829	31/12/2018	10 902 052
Off-balance contingent liabilities granted to customers	Concerning financing	31/12/2019	7 784 830	31/12/2018	9 996 156
Off-balance contingent liabilities granted to customers	Guarantees	31/12/2019	841 999	31/12/2018	905 896

Off-balance contingent liabilities granted to customers – by entity (in PLN thousand)

By entity	31/12/2019	31/12/2018
By entity	Entity 1	31/12/2019	221 478	31/12/2018	180 117
By entity	Entity 2	31/12/2019	73 336	31/12/2018	74 000
By entity	Entity 3	31/12/2019	47 625	31/12/2018	52 368
By entity	Entity 4	31/12/2019	40 000	31/12/2018	41 346
By entity	Entity 5	31/12/2019	36 523	31/12/2018	40 000
By entity	Entity 6	31/12/2019	25 373	31/12/2018	30 000
By entity	Entity 7	31/12/2019	23 093	31/12/2018	23 093
By entity	Entity 8	31/12/2019	20 000	31/12/2018	20 000
By entity	Entity 9	31/12/2019	15 000	31/12/2018	16 818
By entity	Entity 10	31/12/2019	13 881	31/12/2018	15 192
By entity	Other	31/12/2019	325 690	31/12/2018	412 962

Off-balance contingent liabilities granted to customers – by instrument (in PLN thousand)

By instrument	31/12/2019	31/12/2018
By instrument	Credit lines	31/12/2019	7 703 741	31/12/2018	9 897 272
By instrument	Import L/Cs	31/12/2019	3 064	31/12/2018	17 840
By instrument	Loan promises	31/12/2019	78 025	31/12/2018	81 044
By instrument	Guarantees	31/12/2019	841 999	31/12/2018	905 896
By instrument	Total	31/12/2019	8 626 829	31/12/2018	10 902 052

The Bank did not underwrite any bonds in 2019 (no off-balance sheet liabilities relating to bonds).