CONTINGENT LIABILITIES, COMMITMENTS, AND GUARANTEES (Tables)

12 Months Ended

Dec. 31, 2019

Disclosure of commitments and contingent liabilities [text block] [Abstract]

Disclosure of contingent liabilities [text block]

	2019 £m		2018 £m
Contingent liabilities
Acceptances and endorsements		74		194
Other:
Other items serving as direct credit substitutes		366		632
Performance bonds and other transaction-related contingencies		2,454		2,425
		2,820		3,057
Total contingent liabilities		2,894		3,251

Disclosure of commitments [text block]

	2019 £m		2018 £m
Commitments and guarantees
Documentary credits and other short-term trade-related transactions		–		1
Forward asset purchases and forward deposits placed		189		731
Undrawn formal standby facilities, credit lines and other commitments to lend:
Less than 1 year original maturity:
Mortgage offers made		12,684		11,594
Other commitments and guarantees		85,735		85,060
		98,419		96,654
1 year or over original maturity		34,945		37,712
Total commitments and guarantees		133,553		135,098