Notes And Other Explanatory Information [Abstract]

Føroya Banki P/F - Filing #5889188

Concept 2024-01-01 to
2024-12-31
Notes and other explanatory information [abstract]
Disclosure of accounting judgements and estimates [text block]
1) Estimates and assumptions  
Disclosure of allowance for credit losses [text block]
Group  
Disclosure of associates [text block]
5) Holdings in associates  
Disclosure of auditors' remuneration [text block]
Group  
Disclosure of borrowings [text block]
3) Due to credit institutions and central banks, issued bonds and deposits measured at amortised cost  
Disclosure of cash and cash equivalents [text block]
Group  
Disclosure of changes in accounting policies, accounting estimates and errors [text block]
2) Adoption of new standards in 2024  
Disclosure of collateral [text block]
43  
Disclosure of contingent liabilities [text block]
G
Disclosure of credit risk [text block]
Credit risk management  
Disclosure of deferred taxes [text block]
DKK 1,000  
Disclosure of deposits from banks [text block]
32  
Disclosure of deposits from customers [text block]
34  
Disclosure of depreciation and amortisation expense [text block]
G
Disclosure of derivative financial instruments [text block]
7) Other liabilities  
Disclosure of dividends [text block]
3) Dividends on shares  
Disclosure of earnings per share [text block]
Note DKK 1,000  
Disclosure of effect of changes in foreign exchange rates [text block]
Likely after tax effects from changes in markets value  
Disclosure of employee benefits [text block]
9) Staff costs  
Disclosure of fair value measurement [text block]
B) Fair value of domicile properties  
Disclosure of fair value of financial instruments [text block]
DKK 1,000  
Disclosure of fee and commission income (expense) [text block]
4) Fees and commission income  
Disclosure of financial instruments [text block]
2) Financial instruments — General  
Disclosure of financial instruments designated at fair value through profit or loss [text block]
2024  
Disclosure of financial instruments held for trading [text block]
3.2) Trading portfolio measured at fair value  
Disclosure of financial risk management [text block]
Note 49 – Risk Management  
Disclosure of impairment of assets [text block]
A) Impairment charges of loans and advances  
Disclosure of income tax [text block]
14) Tax  
Disclosure of information about employees [text block]
N
Disclosure of intangible assets [text block]
G
Disclosure of interest expense [text block]
N
Disclosure of investments other than investments accounted for using equity method [text block]
20  
Disclosure of leases [text block]
8.2) Leased domicile property  
Disclosure of liquidity risk [text block]
Liquidity Risk  
Disclosure of loans and advances to banks [text block]
16  
Disclosure of loans and advances to customers [text block]
18  
Disclosure of market risk [text block]
Market Risk  
Disclosure of material accounting policy information [text block]
1. Basis of preparation  
Disclosure of non-current assets or disposal groups classified as held for sale [text block]
10) Assets held for sale  
Disclosure of objectives, policies and processes for managing capital [text block]
Capital and Solvency - P/F Føroya Banki  
Disclosure of other assets [text block]
N
Disclosure of other liabilities [text block]
37  
Disclosure of other operating expense [text block]
Other operating expenses  
Disclosure of other operating income (expense) [text block]
9
Disclosure of property, plant and equipment [text block]
8) Land and buildings  
Disclosure of related party [text block]
E
Disclosure of revenue [text block]
Note 2  
Disclosure of share capital, reserves and other equity interest [text block]
39  
Disclosure of subordinated liabilities [text block]
40  

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