16. Due to Banks
close
| In billions of Russian Roubles | 2012 | 2011 |
|---|---|---|
| Sale and repurchase agreements with banks | 854.9 | 232.9 |
| Term placements of banks | 518.2 | 240.4 |
| Correspondent accounts and overnight placements of banks | 79.3 | 59.1 |
| Total due to banks | 1,452.4 | 532.4 |
Term placements of other banks represent funds received on interbank market.
Refer to for information on the amounts in due to other banks received under sale and repurchase agreements and fair value of securities pledged.
The estimated fair value of due to other banks is disclosed in Note 35. Currency and maturity analyses of due to other banks are disclosed in Note 32. The information on related party balances is disclosed in Note 37.