8 Other liabilities
The increase in other liabilities is result of implementation of IFRS 16 standard as per January 1, 2019 and deposits placed by customers. The deposits placed by customers are related to funds received from the Dutch State, which will be transferred to FMO's partners involved in government or public funds.
June 30, 2019 | December 31, 2018 | |
Amortized costs related to guarantees | 296 | 322 |
Other liabilities | 1,693 | 1,009 |
Lease liabilities | 20,218 | - |
Deposits placed by customers | 20,073 | - |
Total other liabilities | 42,280 | 1,331 |