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DEPOSITS FROM BANKS
12 Months Ended
Dec. 31, 2024
Notes and other explanatory information [abstract]  
DEPOSITS FROM BANKS

 

17)DEPOSITS FROM BANKS

 

Financial liabilities called “Deposits from banks” are initially measured at fair value and, subsequently, at amortized cost, using the effective interest rate method.

 

a)Composition by nature

 

   
  R$ thousands
On December 31, 2024 On December 31, 2023
Demand deposits 1,419,303 1,503,278
Interbank deposits 3,008,439 2,354,799
Securities sold under agreements to repurchase 283,049,765 272,404,788
Borrowings 46,769,666 22,809,333
Onlending 27,571,137 24,350,585
Total 361,818,310 323,422,783