Risk management (Tables)
|
12 Months Ended |
Dec. 31, 2022 |
Risk management [abstract] |
|
Outstandings per line of business |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Outstandings per line of business (*)1, 2, 3 | in € million | Wholesale Banking | Retail Benelux | Retail Challengers & Growth Markets | Corporate Line | Total | Rating class | 2022 | 2021 | 2022 | 2021 | 2022 | 2021 | 2022 | 2021 | 2022 | 2021 | Investment grade | 1 (AAA) | 89,686 | | 81,615 | | 324 | | 331 | | 32,492 | | 27,089 | | 2,529 | | 2,363 | | 125,032 | | 111,398 | | 2-4 (AA) | 49,320 | | 56,982 | | 7,871 | | 5,863 | | 40,498 | | 41,646 | | 12 | | 15 | | 97,701 | | 104,506 | | 5-7 (A) | 79,292 | | 72,052 | | 45,471 | | 28,456 | | 61,422 | | 59,040 | | 320 | | 394 | | 186,504 | | 159,941 | | 8-10 (BBB) | 129,709 | | 124,622 | | 117,172 | | 125,469 | | 56,046 | | 57,394 | | 2,833 | | 2,502 | | 305,760 | | 309,986 | | Non-Investment grade | 11-13 (BB) | 56,409 | | 61,996 | | 55,945 | | 60,296 | | 46,657 | | 42,554 | | 4 | | 353 | | 159,016 | | 165,199 | | 14-16 (B) | 13,693 | | 16,699 | | 14,224 | | 14,560 | | 11,662 | | 10,800 | | | | | | 39,579 | | 42,059 | | 17 (CCC) | 1,858 | | 1,712 | | 2,021 | | 2,158 | | 1,014 | | 731 | | 299 | | 178 | | 5,192 | | 4,779 | | Substandard grade | 18 (CC) | 3,564 | | 865 | | 1,304 | | 904 | | 519 | | 477 | | | | | | 5,386 | | 2,245 | | 19 (C) | 731 | | 126 | | 962 | | 1,162 | | 490 | | 451 | | | | | | 2,183 | | 1,739 | | Non-performing loans | 20-22 (D) | 4,354 | | 3,937 | | 4,762 | | 5,035 | | 2,592 | | 3,153 | | | | | | 11,708 | | 12,124 | | Total | 428,616 | | 420,606 | | 250,056 | | 244,232 | | 253,391 | | 243,334 | | 5,997 | | 5,805 | | 938,061 | | 913,977 | | | | | | | | | | | | | | Industry | | | | | | | | | | | | Private Individuals | | 32 | | 30 | | 163,243 | | 161,125 | | 191,556 | | 184,810 | | | | | | 354,831 | | 345,965 | | Central Banks | | 80,006 | | 83,878 | | | | | | 23,541 | | 22,573 | | 1,495 | | 643 | | 105,043 | | 107,094 | | Natural Resources | | 44,695 | | 51,937 | | 1,160 | | 1,225 | | 694 | | 692 | | | | | | 46,549 | | 53,855 | | Real Estate | | 26,426 | | 26,472 | | 22,648 | | 22,691 | | 3,439 | | 3,536 | | | | | | 52,513 | | 52,699 | | Commercial Banks | | 42,036 | | 39,581 | | 194 | | 230 | | 5,721 | | 6,390 | | 2,911 | | 2,917 | | 50,862 | | 49,119 | | Non-Bank Financial Institutions | | 54,274 | | 46,597 | | 1,379 | | 1,473 | | 504 | | 395 | | 438 | | 441 | | 56,594 | | 48,906 | | Central Governments | | 41,622 | | 40,530 | | 2,880 | | 1,730 | | 3,838 | | 3,686 | | 1,016 | | 1,696 | | 49,356 | | 47,642 | | Transportation & Logistics | | 25,474 | | 24,123 | | 4,038 | | 4,206 | | 1,471 | | 1,269 | | | | | | 30,982 | | 29,597 | | Utilities | | 22,683 | | 22,452 | | 1,865 | | 1,370 | | 150 | | 113 | | | | | | 24,698 | | 23,935 | | Food, Beverages & Personal Care | | 13,681 | | 14,003 | | 7,356 | | 6,926 | | 2,585 | | 2,411 | | | | | | 23,623 | | 23,340 | | Services | | 9,926 | | 9,449 | | 11,606 | | 11,290 | | 981 | | 974 | | 33 | | 30 | | 22,546 | | 21,743 | | General Industries | | 11,731 | | 11,487 | | 5,753 | | 5,554 | | 3,381 | | 3,086 | | | | | | 20,865 | | 20,127 | | Lower Public Administration | | 6,020 | | 6,163 | | 5,921 | | 5,079 | | 9,725 | | 8,029 | | | | | | 21,666 | | 19,271 | | Other | 50,009 | | 43,903 | | 22,014 | | 21,333 | | 5,805 | | 5,369 | | 104 | | 77 | | 77,932 | | 70,682 | | Total | 428,616 | | 420,606 | | 250,056 | | 244,232 | | 253,391 | | 243,334 | | 5,997 | | 5,805 | | 938,061 | | 913,977 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Outstandings per line of business (*) - continued1, 2, 3 | in € million | Wholesale Banking | Retail Benelux | Retail Challengers & Growth Markets | Corporate Line | Total | Region | 2022 | 2021 | 2022 | 2021 | 2022 | 2021 | 2022 | 2021 | 2022 | 2021 | Europe | Netherlands | 61,143 | | 74,175 | | 154,253 | | 152,597 | | 254 | | 173 | | 2,898 | | 2,738 | | 218,548 | | 229,682 | | Belgium | 27,144 | | 32,205 | | 88,767 | | 84,748 | | 669 | | 948 | | | | 19 | | 116,580 | | 117,919 | | Germany | 24,441 | | 22,669 | | 463 | | 508 | | 127,764 | | 118,734 | | 63 | | 46 | | 152,730 | | 141,956 | | Poland | 16,350 | | 15,454 | | 49 | | 45 | | 26,831 | | 26,560 | | | | 4 | | 43,229 | | 42,063 | | Spain | 10,491 | | 10,130 | | 71 | | 83 | | 25,649 | | 27,294 | | 25 | | 35 | | 36,237 | | 37,542 | | United Kingdom | 27,735 | | 28,193 | | 152 | | 187 | | 185 | | 109 | | 107 | | 78 | | 28,179 | | 28,567 | | Luxembourg | 26,113 | | 26,632 | | 4,953 | | 4,769 | | 639 | | 468 | | 15 | | 18 | | 31,720 | | 31,887 | | France | 18,484 | | 18,786 | | 643 | | 606 | | 4,448 | | 7,123 | | 1 | | 3 | | 23,576 | | 26,517 | | Rest of Europe | 77,814 | | 64,028 | | 400 | | 364 | | 18,750 | | 17,826 | | 24 | | 16 | | 96,989 | | 82,233 | | America | 80,444 | | 71,471 | | 190 | | 186 | | 1,795 | | 1,559 | | 358 | | 351 | | 82,786 | | 73,567 | | Asia | 46,291 | | 45,439 | | 73 | | 91 | | 121 | | 132 | | 2,504 | | 2,498 | | 48,989 | | 48,159 | | Australia | 9,817 | | 8,957 | | 16 | | 18 | | 46,281 | | 42,405 | | 2 | | 1 | | 56,116 | | 51,382 | | Africa | 2,348 | | 2,467 | | 28 | | 31 | | 5 | | 4 | | | | | | 2,381 | | 2,501 | | Total | 428,616 | | 420,606 | | 250,056 | | 244,232 | | 253,391 | | 243,334 | | 5,997 | | 5,805 | | 938,061 | | 913,977 | | 1 Based on credit risk measurement contained in lending, pre-settlement, money market and investment activities. | 2 Based on the total amount of credit risk in the respective column using ING’s internal credit risk measurement methodologies. Economic sectors (industry) below 2% are not shown separately but grouped in Other. | 3 Geographical areas are based on country of residence, except for private individuals for which the geographical areas are based on the primary country of risk. |
|
Outstandings by economic sectors and geographical area |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Outstandings by economic sectors and geographical area (*) 1 | in € million | Region | | | | | | | | | | | | | Total | Industry | Netherlands | Belgium | Germany | Poland | Spain | United Kingdom | Luxembourg | France | Rest of Europe | America | Asia | Australia | Africa | 2022 | Private Individuals | 114,625 | | 44,193 | | 101,529 | | 13,767 | | 24,865 | | 138 | | 3,486 | | 2,731 | | 13,654 | | 161 | | 131 | | 35,528 | | 24 | | 354,831 | | Central Banks | 35,202 | | 14,338 | | 21,041 | | 1,060 | | 347 | | 427 | | 6,820 | | 35 | | 18,092 | | | | 4,962 | | 2,695 | | 24 | | 105,043 | | Natural Resources | 3,084 | | 1,356 | | 809 | | 746 | | 169 | | 4,442 | | 2,764 | | 470 | | 12,154 | | 8,771 | | 10,398 | | 1,028 | | 361 | | 46,549 | | Real Estate | 17,586 | | 10,112 | | 1,388 | | 2,374 | | 1,391 | | 413 | | 3,797 | | 3,155 | | 3,378 | | 3,474 | | 1,180 | | 4,263 | | 2 | | 52,513 | | Commercial Banks | 1,358 | | 265 | | 3,974 | | 551 | | 402 | | 4,933 | | 4,480 | | 4,371 | | 6,368 | | 9,945 | | 12,041 | | 1,765 | | 409 | | 50,862 | | Non-Bank Financial Institutions | 2,710 | | 1,041 | | 5,054 | | 2,299 | | 99 | | 8,229 | | 4,489 | | 3,220 | | 4,495 | | 19,971 | | 4,091 | | 896 | | | | 56,594 | | Central Governments | 3,342 | | 7,716 | | 1,179 | | 6,578 | | 4,578 | | 46 | | 175 | | 1,797 | | 8,444 | | 13,979 | | 333 | | 636 | | 551 | | 49,356 | | Transportation & Logistics | 3,967 | | 2,183 | | 608 | | 1,300 | | 690 | | 1,787 | | 583 | | 733 | | 7,808 | | 3,378 | | 6,806 | | 531 | | 608 | | 30,982 | | Utilities | 1,551 | | 1,630 | | 2,814 | | 679 | | 1,227 | | 2,953 | | 572 | | 980 | | 4,302 | | 4,347 | | 1,545 | | 1,897 | | 200 | | 24,698 | | Food, Beverages & Personal Care | 7,249 | | 3,002 | | 573 | | 2,334 | | 475 | | 739 | | 1,667 | | 469 | | 2,668 | | 3,245 | | 942 | | 248 | | 13 | | 23,623 | | Services | 4,819 | | 8,816 | | 1,254 | | 1,101 | | 67 | | 685 | | 808 | | 1,066 | | 1,120 | | 1,821 | | 357 | | 632 | | | | 22,546 | | General Industries | 5,430 | | 2,689 | | 1,007 | | 2,849 | | 311 | | 330 | | 604 | | 245 | | 3,152 | | 2,926 | | 1,311 | | 9 | | | | 20,865 | | Lower Public Administration | 272 | | 5,638 | | 5,197 | | 644 | | 200 | | | | 313 | | 3,126 | | 402 | | 1,310 | | | | 4,564 | | | | 21,666 | | Other | 17,353 | | 13,602 | | 6,302 | | 6,946 | | 1,416 | | 3,058 | | 1,164 | | 1,179 | | 10,952 | | 9,457 | | 4,891 | | 1,424 | | 188 | | 77,932 | | Total | 218,548 | | 116,580 | | 152,730 | | 43,229 | | 36,237 | | 28,179 | | 31,720 | | 23,576 | | 96,989 | | 82,786 | | 48,989 | | 56,116 | | 2,381 | | 938,061 | | | | | | | | | | | | | | | | | Rating class | | | | | | | | | | | | | | | Investment grade | 174,971 | | 76,244 | | 130,285 | | 27,501 | | 28,556 | | 23,160 | | 26,053 | | 17,545 | | 64,884 | | 64,206 | | 39,903 | | 41,476 | | 213 | | 714,997 | | Non-Investment grade | 40,325 | | 36,036 | | 20,967 | | 14,596 | | 7,330 | | 4,634 | | 5,442 | | 5,814 | | 27,617 | | 17,615 | | 7,638 | | 13,914 | | 1,858 | | 203,786 | | Sub-standard grade | 1,508 | | 984 | | 579 | | 422 | | 105 | | 41 | | 80 | | 16 | | 2,903 | | 311 | | 124 | | 257 | | 239 | | 7,569 | | Non-performing loans | 1,743 | | 3,316 | | 899 | | 710 | | 246 | | 344 | | 145 | | 201 | | 1,584 | | 654 | | 1,325 | | 470 | | 72 | | 11,708 | | Total | 218,548 | | 116,580 | | 152,730 | | 43,229 | | 36,237 | | 28,179 | | 31,720 | | 23,576 | | 96,989 | | 82,786 | | 48,989 | | 56,116 | | 2,381 | | 938,061 | | 1 Geographical areas are based on country of residence, except for private individuals for which the geographical areas are based on the primary country of risk. |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Outstandings by economic sectors and geographical area (*) 1 | in € million | Region | | | | | | | | | | | | | Total | Industry | Netherlands | Belgium | Germany | Poland | Spain | United Kingdom | Luxembourg | France | Rest of Europe | America | Asia | Australia | Africa | 2021 | Private Individuals | 113,846 | | 42,961 | | 95,583 | | 14,397 | | 23,895 | | 157 | | 3,388 | | 3,115 | | 13,215 | | 167 | | 155 | | 35,058 | | 27 | | 345,965 | | Central Banks | 46,902 | | 18,253 | | 17,811 | | 112 | | 3,027 | | 2,853 | | 8,569 | | 1,039 | | 4,485 | | | | 2,856 | | 1,168 | | 18 | | 107,094 | | Natural Resources | 3,734 | | 1,180 | | 1,208 | | 722 | | 291 | | 4,487 | | 2,497 | | 405 | | 15,471 | | 9,473 | | 12,593 | | 1,013 | | 780 | | 53,855 | | Real Estate | 17,426 | | 10,011 | | 1,520 | | 2,357 | | 1,528 | | 436 | | 4,201 | | 3,254 | | 3,461 | | 3,521 | | 935 | | 4,045 | | 4 | | 52,699 | | Commercial Banks | 1,289 | | 318 | | 3,887 | | 707 | | 392 | | 4,156 | | 3,205 | | 5,520 | | 6,353 | | 7,089 | | 13,526 | | 2,265 | | 413 | | 49,119 | | Non-Bank Financial Institutions | 3,043 | | 921 | | 3,146 | | 1,718 | | 72 | | 7,764 | | 4,798 | | 1,790 | | 3,947 | | 18,088 | | 3,209 | | 411 | | | | 48,906 | | Central Governments | 4,911 | | 7,396 | | 1,179 | | 7,473 | | 4,417 | | 67 | | 203 | | 2,065 | | 7,695 | | 10,927 | | 299 | | 533 | | 477 | | 47,642 | | Transportation & Logistics | 4,572 | | 2,209 | | 506 | | 1,177 | | 723 | | 1,760 | | 582 | | 982 | | 6,837 | | 3,410 | | 5,682 | | 645 | | 514 | | 29,597 | | Utilities | 1,545 | | 1,213 | | 3,024 | | 822 | | 1,270 | | 2,980 | | 397 | | 1,433 | | 4,202 | | 4,106 | | 1,355 | | 1,368 | | 220 | | 23,935 | | Food, Beverages & Personal Care | 6,581 | | 2,869 | | 616 | | 2,146 | | 489 | | 711 | | 1,600 | | 1,232 | | 2,580 | | 3,131 | | 1,140 | | 235 | | 12 | | 23,340 | | Services | 4,615 | | 9,115 | | 1,105 | | 866 | | 119 | | 523 | | 450 | | 1,470 | | 861 | | 1,539 | | 479 | | 565 | | 36 | | 21,743 | | General Industries | 5,389 | | 2,891 | | 1,011 | | 2,612 | | 381 | | 395 | | 532 | | 271 | | 3,363 | | 2,116 | | 1,151 | | 15 | | | | 20,127 | | Lower Public Administration | 343 | | 5,158 | | 5,787 | | 636 | | | | | | 296 | | 2,732 | | 467 | | 1,197 | | 46 | | 2,608 | | | | 19,271 | | Other | 15,485 | | 13,424 | | 5,573 | | 6,319 | | 940 | | 2,277 | | 1,168 | | 1,210 | | 9,297 | | 8,803 | | 4,732 | | 1,454 | | | | 70,682 | | Total | 229,682 | | 117,919 | | 141,956 | | 42,063 | | 37,542 | | 28,567 | | 31,887 | | 26,517 | | 82,233 | | 73,567 | | 48,159 | | 51,382 | | 2,501 | | 913,977 | | | | | | | | | | | | | | | | | Rating class | | | | | | | | | | | | | | | Investment grade | 180,698 | | 78,195 | | 119,311 | | 26,856 | | 29,522 | | 22,820 | | 26,150 | | 20,622 | | 52,875 | | 53,725 | | 36,777 | | 38,200 | | 79 | | 685,831 | | Non-Investment grade | 45,530 | | 35,600 | | 21,250 | | 14,148 | | 7,647 | | 5,234 | | 5,568 | | 5,774 | | 27,993 | | 18,500 | | 10,534 | | 11,998 | | 2,259 | | 212,037 | | Sub-standard grade | 1,230 | | 868 | | 390 | | 290 | | 89 | | 56 | | 81 | | 2 | | 308 | | 203 | | 191 | | 217 | | 58 | | 3,985 | | Non-performing loans | 2,224 | | 3,256 | | 1,006 | | 768 | | 284 | | 458 | | 87 | | 119 | | 1,056 | | 1,139 | | 656 | | 966 | | 105 | | 12,124 | | Total | 229,682 | | 117,919 | | 141,956 | | 42,063 | | 37,542 | | 28,567 | | 31,887 | | 26,517 | | 82,233 | | 73,567 | | 48,159 | | 51,382 | | 2,501 | | 913,977 | | 1 Geographical areas are based on country of residence, except for private individuals for which the geographical areas are based on the primary country of risk. |
|
Cover values including guarantees received |
| | | | | | | | | | | | | | | | | | | | | | | | | | | Cover values including guarantees received (*) | in € million | | Cover type | Collateralisation | 2022 | Outstandings | Mortgages | Financial Collateral | Guarantees | Other covers | No Cover | Partially covered | Fully covered | Consumer lending | 353,323 | | 700,961 | | 5,626 | | 24,231 | | 42,817 | | 6.2 | % | 7.6 | % | 86.2 | % | Business lending | 379,405 | | 167,122 | | 29,501 | | 118,294 | | 438,864 | | 37.5 | % | 22.3 | % | 40.2 | % | Investment and money market | 141,432 | | | | 5 | | 1,213 | | 2 | | 99.1 | % | 0.6 | % | 0.3 | % | Total lending, investment and money market | 874,160 | | 868,083 | | 35,132 | | 143,738 | | 481,683 | | 34.8 | % | 12.9 | % | 52.3 | % | Pre-settlement | 63,901 | | | | | | | | | Total | 938,061 | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | Cover values including guarantees received (*) | in € million | | Cover type | Collateralisation | 2021 | Outstandings | Mortgages | Financial Collateral | Guarantees | Other covers | No Cover | Partially covered | Fully covered | Consumer lending | 344,188 | | 690,752 | | 6,533 | | 25,688 | | 40,618 | | 6.3 | % | 7.6 | % | 86.1 | % | Business lending | 413,985 | | 160,694 | | 23,454 | | 112,095 | | 332,989 | | 44.2 | % | 20.2 | % | 35.5 | % | Investment and money market | 112,272 | | 43 | | 63 | | 1,100 | | 167 | | 98.9 | % | 0.8 | % | 0.3 | % | Total lending, investment and money market | 870,445 | | 851,490 | | 30,050 | | 138,882 | | 373,774 | | 36.0 | % | 12.8 | % | 51.2 | % | Pre-settlement | 43,531 | | | | | | | | | Total | 913,977 | | | | | | | | |
|
Credit risk categories and credit quality outstandings |
| | | | | | | | | | | | | | | Credit risk categories (*) | | Regular | Watch List | Restructuring 1 | Non-performing 1 | Possible ratings | 1–19 | 1–19 | 11–20 | 20-22 | Typical ratings | 1–14 | 15–17 | 18–20 | 20-22 | Deterioration in risk | Not significant | Significant | Significant | Significant | Significant intervention | Not required | Not required | Required | Required | Account ownership | Front office | Front office | Front office | Front office | Credit Risk Management | Regular | Regular | Credit Restructuring | Credit Restructuring | Primary manager | Front office | Front office | Credit restructuring | Credit restructuring | Accounting provisioning | Stage 1/2 | Stage 2 | Stage 2/3 | Stage 3 | 1 More information on the restructuring and non-performing categories can be found in the Credit restructuring section. |
| | | | | | | | | Credit quality outstandings (*) | in € million | 2022 | 2021 | Performing not past due | 799,990 | | 819,410 | | Business lending performing past due | 7,659 | | 8,121 | | Consumer lending performing past due | 780 | | 1,142 | | Non-performing | 11,691 | | 12,021 | | Total lending and investment | 820,120 | | 840,694 | | Money market | 54,039 | | 29,752 | | Pre-settlement | 63,901 | | 43,531 | | Total | 938,061 | | 913,977 | | | | |
|
Aging analysis (past due but performing) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Ageing analysis (past due but performing): Consumer lending portfolio by geographic area, outstandings (*)1,2 | in € million | 2022 | 2021 | Region | Past due for 1–30 days | Past due for 31–60 days | Past due for 61–90 days | Past due for >90 days | Total | Past due for 1–30 days | Past due for 31–60 days | Past due for 61–90 days | Past due for >90 days | Total | Europe | Belgium | 294 | | 27 | | 18 | | | | 339 | | 599 | | 53 | | 61 | | | | 714 | | Germany | 68 | | 34 | | 13 | | | | 116 | | 105 | | 27 | | 11 | | | | 143 | | Luxembourg | 43 | | 4 | | 2 | | | | 48 | | 73 | | 3 | | 1 | | 1 | | 78 | | Netherlands | 36 | | 10 | | 5 | | | | 50 | | 31 | | 9 | | 3 | | | | 43 | | Poland | 59 | | 8 | | 4 | | | | 71 | | 35 | | 5 | | 3 | | | | 43 | | Spain | 13 | | 9 | | 5 | | | | 27 | | 13 | | 7 | | 5 | | | | 26 | | France | 2 | | | | | | | | 2 | | 2 | | | | | | | | 2 | | United Kingdom | | | | | | | | | | | | | | | | | | | 1 | | Rest of Europe | 60 | | 15 | | 8 | | | | 83 | | 52 | | 9 | | 5 | | | | 66 | | America | 1 | | | | | | | | 1 | | | | | | | | | | | | | | | | | | | | | | | Australia | 29 | | 11 | | 2 | | | | 42 | | 17 | | 7 | | 1 | | | | 25 | | | | | | | | | | | | | Total | 604 | | 119 | | 57 | | | | 780 | | 927 | | 123 | | 91 | | 1 | | 1,142 | | | | | | | | | | | | | | 1 Based on consumer lending. The amount of past due but performing financial assets in respect of non-lending activities was not significant. | 2 The absolute and relative materiality thresholds used for determining a defaulted status do not apply for the purposes of classification as past due. Below these thresholds, arrears of more than 90 days are reported as past due. |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Ageing analysis (past due but performing): Business lending portfolio by geographic area, outstandings (*)1 | in € million | 2022 | 2021 | Region | Past due for 1–30 days | Past due for 31–60 days | Past due for 61–90 days | Past due for >90 days | Total | Past due for 1–30 days | Past due for 31–60 days | Past due for 61–90 days | Past due for >90 days | Total | Europe | Belgium | 579 | | 49 | | 10 | | | | 639 | | 1,676 | | 178 | | 8 | | | | 1,863 | | United Kingdom | 1,147 | | 77 | | 512 | | | | 1,736 | | 1,036 | | 108 | | 16 | | | | 1,159 | | Luxembourg | 302 | | 1 | | | | | | 303 | | 586 | | 270 | | | | 1 | | 856 | | Netherlands | 730 | | 30 | | 15 | | | | 775 | | 553 | | 16 | | 4 | | | | 574 | | Poland | 279 | | 35 | | 14 | | | | 329 | | 94 | | 5 | | 2 | | 1 | | 102 | | Spain | | | | | | | | | | | 95 | | | | 1 | | | | 96 | | France | 83 | | 6 | | | | | | 90 | | 36 | | 5 | | | | | | 41 | | Germany | 44 | | 16 | | | | | | 60 | | 5 | | | | 2 | | | | 7 | | Rest of Europe | 474 | | 239 | | 1 | | 1 | | 715 | | 571 | | 57 | | 1 | | 1 | | 629 | | America | 1,901 | | 67 | | 19 | | | | 1,986 | | 2,076 | | 71 | | | | | | 2,146 | | Asia | 553 | | 48 | | | | | | 601 | | 276 | | | | 25 | | | | 302 | | Australia | 359 | | 61 | | 4 | | 2 | | 426 | | 327 | | 17 | | | | 1 | | 345 | | | | | | | | | | | | | Total | 6,452 | | 629 | | 575 | | 4 | | 7,659 | | 7,331 | | 727 | | 60 | | 3 | | 8,121 | | | | | | | | | | | | | | 1 The absolute and relative materiality thresholds used for determining a defaulted status do not apply for the purposes of classification as past due. Below these thresholds, arrears of more than 90 days are reported as past due. |
|
Summary forborne portfolio |
| | | | | | | | | | | | | | | | | | | | | | | | | | | Summary Forborne portfolio (*) | in € million | 2022 | 2021 | Business line | Outstandings | Of which: performing | Of which: non-performing | % of total portfolio | Outstandings | Of which: performing | Of which: non-performing | % of total portfolio | | Wholesale Banking | 8,359 | | 5,880 | | 2,478 | | 2.7 | % | 9,798 | | 7,455 | | 2,343 | | 3.1 | % | Retail Banking | 8,080 | | 4,973 | | 3,107 | | 1.6 | % | 10,018 | | 6,339 | | 3,679 | | 2.1 | % | Total | 16,438 | | 10,853 | | 5,585 | | 2.0 | % | 19,816 | | 13,793 | | 6,022 | | 2.5 | % |
| | | | | | | | | | | | | | | | | | | | | | | | | | | Summary Forborne portfolio by forbearance type (*) | in € million | 2022 | 2021 | Forbearance type | Outstandings | Of which: performing | Of which: non-performing | % of total portfolio | Outstandings | Of which: performing | Of which: non-performing | % of total portfolio | | Loan modification | 15,317 | | 10,428 | | 4,889 | | 1.9 | % | 18,311 | | 13,128 | | 5,183 | | 2.3 | % | Refinancing | 1,121 | | 426 | | 695 | | 0.1 | % | 1,505 | | 666 | | 839 | | 0.2 | % | Total | 16,438 | | 10,853 | | 5,585 | | 2.0 | % | 19,816 | | 13,793 | | 6,022 | | 2.5 | % |
| | | | | | | | | | | | | | | | | | | | | | | | Wholesale Banking: Forborne portfolio by geographical area (*) | in € million | 2022 | 2021 | Region | Outstandings | Of which: performing | Of which: non- | Outstandings | Of which: performing | Of which: non- | performing | performing | Europe | Netherlands | 720 | | 630 | | 90 | | 1,012 | | 811 | | 201 | | Belgium | 659 | | 651 | | 8 | | 329 | | 321 | | 8 | | Germany | 580 | | 466 | | 115 | | 868 | | 658 | | 210 | | United Kingdom | 1,044 | | 721 | | 323 | | 1,344 | | 913 | | 432 | | Italy | 205 | | 157 | | 48 | | 286 | | 261 | | 25 | | Norway | 33 | | — | | 33 | | 79 | | 29 | | 50 | | Poland | 203 | | 189 | | 14 | | 181 | | 160 | | 21 | | Rest of Europe | 2,176 | | 1,749 | | 427 | | 2,381 | | 2,181 | | 200 | | America | 1,353 | | 1,032 | | 321 | | 1,900 | | 1,326 | | 574 | | Asia | 1,107 | | 143 | | 964 | | 685 | | 292 | | 393 | | Australia | 217 | | 132 | | 85 | | 568 | | 416 | | 152 | | Africa | 61 | | 10 | | 51 | | 164 | | 88 | | 76 | | Total | 8,359 | | 5,880 | | 2,478 | | 9,798 | | 7,455 | | 2,343 | |
| | | | | | | | | | | | | | | | | | | | | Wholesale Banking: Forborne portfolio by economic sector (*) | in € million | 2022 | 2021 | Industry | Outstandings | Of which: performing | Of which: non-performing | Outstandings | Of which: performing | Of which: non-performing | | Natural Resources | 1,239 | | 603 | | 636 | | 2,047 | | 1,177 | | 870 | | Real Estate | 2,000 | | 1,917 | | 84 | | 1,665 | | 1,570 | | 95 | | Transportation & Logistics | 1,073 | | 868 | | 205 | | 1,336 | | 1,061 | | 274 | | Food, Beverages & Personal Care | 1,082 | | 543 | | 539 | | 1,202 | | 749 | | 452 | | Services | 697 | | 665 | | 32 | | 793 | | 687 | | 106 | | Automotive | 172 | | 125 | | 46 | | 581 | | 535 | | 46 | | Utilities | 469 | | 255 | | 214 | | 407 | | 271 | | 136 | | General Industries | 255 | | 176 | | 80 | | 366 | | 321 | | 45 | | Retail | 302 | | 227 | | 76 | | 361 | | 304 | | 57 | | Chemicals, Health & Pharmaceuticals | 191 | | 168 | | 23 | | 347 | | 324 | | 22 | | Builders & Contractors | 168 | | 94 | | 74 | | 177 | | 135 | | 41 | | Other | 710 | | 240 | | 469 | | 516 | | 318 | | 197 | | Total | 8,359 | | 5,880 | | 2,478 | | 9,798 | | 7,455 | | 2,343 | |
| | | | | | | | | | | | | | | | | | | | | | | | Retail Banking: Forborne portfolio by geographical area (*) | in € million | 2022 | 2021 | Region | Outstandings | Of which: performing | Of which: non- | Outstandings | Of which: performing | Of which: non- | performing | performing | Europe | Netherlands | 2,832 | | 2,043 | | 789 | | 4,171 | | 3,224 | | 947 | | Belgium | 2,644 | | 1,331 | | 1,314 | | 3,319 | | 2,035 | | 1,284 | | Germany | 804 | | 610 | | 194 | | 497 | | 306 | | 191 | | Poland | 588 | | 309 | | 279 | | 450 | | 152 | | 298 | | Turkey | 64 | | 31 | | 32 | | 146 | | 97 | | 49 | | Italy | 131 | | 52 | | 79 | | 129 | | 47 | | 82 | | Romania | 124 | | 53 | | 71 | | 115 | | 49 | | 66 | | Spain | 35 | | 15 | | 20 | | 35 | | 11 | | 23 | | Rest of Europe | 73 | | 48 | | 25 | | 99 | | 68 | | 30 | | America | 13 | | 12 | | | | 9 | | 7 | | 2 | | Asia | 3 | | 1 | | 1 | | 3 | | 1 | | 1 | | Australia | 768 | | 467 | | 302 | | 1,045 | | 340 | | 705 | | Africa | 1 | | | | | | 1 | | | | | | Total | 8,080 | | 4,973 | | 3,107 | | 10,018 | | 6,339 | | 3,679 | |
|
Non-performing loans: outstandings |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Non-performing Loans: outstandings by economic sector and business lines (*)1 | in € million | Wholesale Banking | Retail Benelux | Retail Challengers & Growth Markets | Corporate Line | Total | Industry | 2022 | 2021 | 2022 | 2021 | 2022 | 2021 | 2022 | 2021 | 2022 | 2021 | Private Individuals | | | | | 2,174 | | 2,424 | | 1,954 | | 2,445 | | - | - | 4,129 | | 4,869 | | Natural Resources | 1,369 | | 1,325 | | 34 | | 46 | | 17 | | 27 | | - | - | 1,421 | | 1,398 | | Food, Beverages & Personal Care | 672 | | 681 | | 438 | | 428 | | 122 | | 130 | | - | - | 1,233 | | 1,239 | | Transportation & Logistics | 367 | | 575 | | 165 | | 180 | | 51 | | 52 | | - | - | 583 | | 807 | | Services | 119 | | 224 | | 448 | | 499 | | 61 | | 63 | | - | - | 628 | | 786 | | Real Estate | 172 | | 132 | | 486 | | 495 | | 54 | | 59 | | - | - | 712 | | 686 | | General Industries | 114 | | 66 | | 268 | | 272 | | 100 | | 123 | | - | - | 482 | | 461 | | Builders & Contractors | 139 | | 93 | | 244 | | 224 | | 110 | | 112 | | - | - | 493 | | 429 | | Retail | 98 | | 140 | | 107 | | 103 | | 39 | | 47 | | - | - | 244 | | 290 | | Utilities | 387 | | 199 | | 7 | | 10 | | 7 | | 11 | | - | - | 401 | | 221 | | Chemicals, Health & Pharmaceuticals | 175 | | 65 | | 115 | | 70 | | 20 | | 22 | | | | 310 | | 158 | | Telecom | 288 | | 28 | | 12 | | 1 | | 3 | | 3 | | | | 303 | | 31 | | Other | 440 | | 305 | | 260 | | 282 | | 52 | | 58 | | - | - | 753 | | 646 | | Total | 4,340 | | 3,833 | | 4,759 | | 5,035 | | 2,592 | | 3,153 | | - | | | 11,691 | | 12,021 | | 1 Based on Lending and Investment outstandings. |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Non-performing Loans: outstandings by economic sectors and geographical area (*) | in € million | Region | | | | | | | | | | | | | Total | Industry | Netherlands | Belgium | Germany | Poland | Spain | United Kingdom | France | Luxembourg | Rest of Europe | America | Asia | Australia | Africa | 2022 | Private Individuals | 574 | | 1,538 | | 739 | | 185 | | 194 | | 4 | | 11 | | 36 | | 470 | | 3 | | 4 | | 370 | | 1 | | 4,129 | | Natural Resources | 57 | | 33 | | | | 14 | | | | | | | | 53 | | 432 | | 77 | | 649 | | 85 | | 21 | | 1,421 | | Food, Beverages & Personal Care | 310 | | 179 | | 24 | | 109 | | | | 173 | | 7 | | | | 228 | | 77 | | 126 | | | | | | 1,233 | | Transportation & Logistics | 232 | | 58 | | 1 | | 36 | | 47 | | 20 | | | | 2 | | 154 | | 24 | | 7 | | 1 | | | | 583 | | Services | 136 | | 375 | | 2 | | 43 | | 5 | | | | 3 | | 2 | | 21 | | 40 | | | | | | | | 628 | | Real Estate | 89 | | 376 | | | | 54 | | | | 84 | | 25 | | 19 | | 7 | | 47 | | | | 11 | | | | 712 | | General Industries | 127 | | 142 | | 17 | | 78 | | | | | | 31 | | 2 | | 26 | | 58 | | | | | | | | 482 | | Builders & Contractors | 65 | | 187 | | 2 | | 86 | | | | | | | | 20 | | 101 | | 32 | | | | | | | | 493 | | Retail | 31 | | 85 | | 38 | | 26 | | | | | | 18 | | 1 | | 13 | | 22 | | 7 | | 2 | | | | 244 | | Utilities | 6 | | 6 | | 26 | | 23 | | | | | | | | | | 17 | | 194 | | 129 | | | | | | 401 | | Chemicals, Health & Pharmaceuticals | 51 | | 100 | | 2 | | 15 | | | | 14 | | 100 | | | | 28 | | | | | | | | | | 310 | | Telecom | 24 | | 1 | | | | 3 | | | | | | | | | | | | 5 | | 270 | | | | | | 303 | | Other | 40 | | 232 | | 48 | | 38 | | | | 50 | | | | 10 | | 79 | | 75 | | 130 | | | | 51 | | 753 | | Total | 1,742 | | 3,312 | | 899 | | 710 | | 246 | | 344 | | 196 | | 145 | | 1,578 | | 654 | | 1,324 | | 470 | | 72 | | 11,691 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Non-performing Loans: outstandings by economic sectors and geographical area (*) | in € million | Region | | | | | | | | | | | | | Total | Industry | Netherlands | Belgium | Germany | Poland | Spain | United Kingdom | France | Luxembourg | Rest of Europe | America | Asia | Australia | Africa | 2021 | Private Individuals | 776 | | 1,578 | | 721 | | 206 | | 232 | | 8 | | 16 | | 35 | | 497 | | 3 | | 4 | | 791 | | 1 | | 4,869 | | Natural Resources | 67 | | 44 | | | | 20 | | | | 27 | | | | | | 116 | | 577 | | 421 | | 90 | | 37 | | 1,398 | | Food, Beverages & Personal Care | 299 | | 176 | | 25 | | 111 | | | | 226 | | 7 | | 2 | | 37 | | 228 | | 128 | | 1 | | | | 1,239 | | Transportation & Logistics | 385 | | 55 | | 1 | | 35 | | 47 | | 20 | | | | 3 | | 165 | | 29 | | 49 | | 17 | | | | 807 | | Services | 199 | | 385 | | | | 45 | | 5 | | 66 | | | | 4 | | 22 | | 52 | | 6 | | 1 | | | | 786 | | Real Estate | 167 | | 303 | | | | 61 | | | | 88 | | 21 | | 21 | | 9 | | | | | | 16 | | | | 686 | | General Industries | 110 | | 173 | | 18 | | 91 | | | | | | 4 | | 3 | | 34 | | 27 | | | | | | | | 461 | | Builders & Contractors | 43 | | 188 | | 4 | | 83 | | | | | | | | 2 | | 58 | | 50 | | | | | | | | 429 | | Retail | 40 | | 70 | | 34 | | 30 | | | | | | 56 | | 1 | | 21 | | 21 | | 14 | | 2 | | | | 290 | | Utilities | 8 | | 9 | | 71 | | 26 | | | | | | | | | | 28 | | 30 | | | | 48 | | | | 221 | | Chemicals, Health & Pharmaceuticals | 63 | | 48 | | 2 | | 16 | | | | | | | | | | 29 | | | | | | | | | | 158 | | Telecom | 13 | | 1 | | | | 2 | | | | 10 | | | | | | 1 | | 5 | | | | | | | | 31 | | Other | 42 | | 226 | | 129 | | 41 | | | | 2 | | 14 | | 15 | | 38 | | 37 | | 34 | | 1 | | 67 | | 646 | | Total | 2,212 | | 3,255 | | 1,005 | | 768 | | 284 | | 447 | | 119 | | 87 | | 1,056 | | 1,060 | | 656 | | 966 | | 105 | | 12,021 | |
|
Gross carrying amount per IFRS 9 stage and rating class |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Gross carrying amount per IFRS 9 stage and rating class (*)1,2,3 | in € million | 12-month ECL (Stage 1) | Lifetime ECL not credit impaired (Stage 2) | Lifetime ECL credit impaired (Stage 3) | Total | 2022 | Rating class | Gross Carrying Amount | Provisions | Gross Carrying Amount | Provisions | Gross Carrying Amount | Provisions | Gross Carrying Amount | Provisions | Investment grade | 1 (AAA) | 100,885 | | 2 | | 284 | | | | | | | | 101,169 | | 2 | | 2-4 (AA) | 98,181 | | 5 | | 2,493 | | 1 | | | | | | 100,675 | | 6 | | 5-7 (A) | 177,617 | | 23 | | 4,596 | | 4 | | | | | | 182,214 | | 27 | | 8-10 (BBB) | 321,308 | | 98 | | 14,714 | | 29 | | | | | | 336,023 | | 127 | | Non-Investment grade | 11-13 (BB) | 155,910 | | 277 | | 17,365 | | 91 | | | | | | 173,275 | | 368 | | 14-16 (B) | 23,649 | | 168 | | 19,386 | | 471 | | | | | | 43,035 | | 639 | | 17 (CCC) | 7,671 | | 8 | | 4,572 | | 194 | | | | | | 12,244 | | 202 | | Substandard grade | 18 (CC) | | | | | 5,198 | | 595 | | | | | | 5,198 | | 595 | | 19 (C) | | | | | 2,116 | | 293 | | | | | | 2,116 | | 293 | | Non-performing loans | 20-22 (D) | | | | | | | | | 11,708 | | 3,841 | | 11,708 | | 3,841 | | Total | 885,222 | | 581 | | 70,725 | | 1,679 | | 11,708 | | 3,841 | | 967,655 | | 6,101 | | 1 Compared to the credit risk portfolio, the differences are mainly undrawn committed amounts (€150.1 billion) and other positions (€4.4 billion) not included in Credit outstandings and non-IFRS 9 eligible assets (€116.1 billion, mainly guarantees, letters of credit and pre-settlement exposures) included in Credit outstandings. | 2 For a reference to the Notes in the consolidated financial statements, we refer to the table ‘Reconciliation between credit risk categories and financial position’. | 3 IAS 37 provisions are established for non-credit replacement guarantees not in the scope of IFRS 9. Total IAS 37 provisions (€109 million) are excluded. |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Gross carrying amount per IFRS 9 stage and rating class (*)1,2,3 | in € million | 12-month ECL (Stage 1) | Lifetime ECL not credit impaired (Stage 2) | Lifetime ECL credit impaired (Stage 3) | Total | 2021 | Rating class | Gross Carrying Amount | Provisions | Gross Carrying Amount | Provisions | Gross Carrying Amount | Provisions | Gross Carrying Amount | Provisions | Investment grade | 1 (AAA) | 107,788 | | 3 | | | | | | | | | | 107,788 | | 3 | | 2-4 (AA) | 106,673 | | 5 | | 197 | | | | | | | | 106,870 | | 5 | | 5-7 (A) | 152,167 | | 17 | | 1,000 | | 1 | | | | | | 153,167 | | 17 | | 8-10 (BBB) | 328,301 | | 73 | | 7,232 | | 14 | | | | | | 335,533 | | 87 | | Non-Investment grade | 11-13 (BB) | 163,228 | | 208 | | 14,679 | | 86 | | | | | | 177,908 | | 294 | | 14-16 (B) | 26,852 | | 185 | | 17,931 | | 404 | | | | | | 44,783 | | 589 | | 17 (CCC) | 5,377 | | 10 | | 4,354 | | 198 | | | | | | 9,730 | | 207 | | Substandard grade | 18 (CC) | | | | 2,314 | | 173 | | | | | | 2,314 | | 173 | | 19 (C) | | | | 1,769 | | 142 | | | | | | 1,769 | | 142 | | Non-performing loans | 20-22 (D) | | | | | | | 12,072 | | 3,851 | | 12,072 | | 3,851 | | Total | 890,386 | | 501 | | 49,476 | | 1,016 | | 12,072 | | 3,851 | | 951,934 | | 5,368 | | 1 Compared to the credit risk portfolio, the differences are mainly undrawn committed amounts (€133.3 billion) not included in Credit outstandings and non-IFRS 9 eligible assets (€95.1 billion, mainly guarantees, letters of credit and pre-settlement exposures) included in Credit outstandings. | 2 For a reference to the Notes in the consolidated financial statements, we refer to the table ‘Reconciliation between credit risk categories and financial position’. | 3 IAS 37 provisions are established for non-credit replacement guarantees not in the scope of IFRS 9. Total IAS 37 provisions (€114.4 million) are excluded. |
|
Exposure per stage, coverage ratio and stage ratio's |
| | | | | | | | | | | | | | | | | | | | | | | | | | | Exposure per stage, coverage ratio and stage ratio’s2 | in € million | 2022 | 2021 | Balance sheet | Gross Carrying Amount | Allowances for credit losses | Coverage ratio | Stage Ratio | Gross Carrying Amount | Allowances for credit losses | Coverage ratio | Stage Ratio | Loans and advances to banks (including central banks) | 97,146 | | 49 | | 0.1 | % | | 120,089 | | 28 | | | | Stage 1 | 95,788 | | 9 | | | % | 99 | % | 119,896 | | 24 | | | 100 | % | Stage 2 | 1,339 | | 20 | | 1.5 | % | 1 | % | 193 | | 4 | | 2.0 | % | | Stage 3 | 20 | | 20 | | 100.0 | % | | | | | | | | | | | | | | | Loans and advances to customers | 643,317 | | 5,984 | | 0.9 | % | | 622,327 | | 5,274 | | 0.8 | % | | of which: Residential mortgages | 326,928 | | 677 | | 0.2 | % | | 310,068 | | 513 | | 0.2 | % | | Stage 1 | 312,165 | | 75 | | | 96 | % | 297,915 | | 37 | | | 96 | % | Stage 2 | 11,877 | | 176 | | 1.5 | % | 4 | % | 8,777 | | 128 | | 1.5 | % | 3 | % | Stage 3 | 2,886 | | 426 | | 14.8 | % | 1 | % | 3,376 | | 348 | | 10.3 | % | 1 | % | Of which: Consumer Lending (excl. Residential mortgages) | 26,348 | | 990 | | 3.8 | % | | 32,423 | | 1,409 | | 4.3 | % | | Stage 1 | 23,101 | | 184 | | 0.8 | % | 88 | % | 28,554 | | 217 | | 0.8 | % | 88 | % | Stage 2 | 2,145 | | 223 | | 10.4 | % | 8 | % | 2,654 | | 367 | | 13.8 | % | 8 | % | Stage 3 | 1,102 | | 583 | | 52.9 | % | 4 | % | 1,215 | | 825 | | 67.9 | % | 4 | % | Of which: Loans to public authorities | 17,272 | | 17 | | 0.1 | % | | 14,333 | | 12 | | 0.1 | % | | Stage 1 | 15,977 | | 4 | | | 93 | % | 13,906 | | 2 | | | 97 | % | Stage 2 | 1,120 | | 7 | | 0.6 | % | 7 | % | 344 | | 5 | | 1.5 | % | 2 | % | Stage 3 | 175 | | 6 | | 3.4 | % | 1 | % | 84 | | 4 | | 5.1 | % | 1 | % | Of which: Corporate lending | 272,769 | | 4,300 | | 1.6 | % | | % | 265,503 | | 3,340 | | 1.3 | % | | Stage 1 | 227,167 | | 279 | | 0.1 | % | 83 | % | 230,133 | | 185 | | 0.1 | % | 87 | % | Stage 2 | 38,497 | | 1,225 | | 3.2 | % | 14 | % | 28,568 | | 505 | | 1.8 | % | 11 | % | Stage 3 | 7,105 | | 2,795 | | 39.3 | % | 3 | % | 6,801 | | 2,649 | | 39.0 | % | 3 | % | | | | | | | | | | Other IFRS 9 Eligible financial instruments1 | 227,192 | | 67 | | | | 209,518 | | 66 | | | | Stage 1 | 211,025 | | 29 | | | 93 | % | 199,982 | | 35 | | | 95 | % | Stage 2 | 15,746 | | 27 | | 0.2 | % | 7 | % | 8,941 | | 6 | | 0.1 | % | 4 | % | Stage 3 | 421 | | 11 | | 2.7 | % | | % | 596 | | 24 | | 4.1 | % | | | | | | | | | | | Total Gross Carrying Amount (IFRS 9 eligible) | 967,655 | | 6,101 | | 0.6 | % | | 951,934 | | 5,368 | | 0.6 | % | | 1Includes Off balance sheet IFRS 9 eligible guarantees and irrevocable facilities 2The exposure classification to residential mortgages, consumer lending and corporate lending is aligned to the regulatory definition |
|
Reconciliation gross carrying amount and statement of financial position |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Reconciliation gross carrying amount (IFRS 9 eligible) and statement of financial position | | | | | | | | in € million | 2022 | 2021 | | Gross Carrying Amount | Allowances for credit losses | Cash and on-demand bank positions | Reverse Repurchase transactions | Cash collateral | Other | Statement of financial position | Gross Carrying Amount | Allowances for credit losses | Cash and on-demand bank positions | Reverse Repurchase transactions | Cash collateral | Other | Statement of financial position | Amounts held at Central Banks | 88,349 | | -12 | | -1,170 | | | | 448 | | 87,614 | | 104,875 | | -6 | | 1,650 | | | | 1 | | 106,520 | | Loans and Advances to Banks | 8,796 | | -37 | | 2,851 | | 19,395 | | 3,679 | | 420 | | 35,104 | | 15,213 | | -22 | | 1,675 | | 3,403 | | 3,287 | | 36 | | 23,592 | | Financial Instruments FVOCI Loans | 640 | | -1 | | | | | 4 | | 643 | | 837 | | -1 | | | | | 3 | | 838 | | Financial Instruments FVOCI Debt securities | 28,752 | | -21 | | | | | 364 | | 29,095 | | 27,201 | | -12 | | | | | 150 | | 27,340 | | Securities at Amortised Cost | 48,372 | | -17 | | | | | -195 | | 48,160 | | 47,358 | | -19 | | | | | 980 | | 48,319 | | Loans and Advances to customers | 642,678 | | -5,984 | | | 1,306 | | 4,176 | | 2,717 | | 644,893 | | 622,327 | | -5,274 | | | 1,487 | | 3,178 | | 3,404 | | 625,122 | | Total on-balance (IFRS 9 eligible) | 817,587 | | -6,072 | | 1,681 | | 20,701 | | 7,855 | | 3,758 | | 845,509 | | 817,812 | | -5,334 | | 3,325 | | 4,890 | | 6,466 | | 4,574 | | 831,731 | | Guarantees and irrevocable facilities (IFRS 9 eligible) | 150,068 | | -29 | | | | | | | 134,122 | | -34 | | | | | | | Total Gross Carrying Amount (IFRS 9 eligible) | 967,655 | | -6,101 | | | | | | | 951,934 | | -5,368 | | | | | | | | | | | | | | | | | | | | | |
|
Changes in loan loss provisions and gross carrying amounts |
| | | | | | | | | | | | | | | | | | | | | | | | | | | Changes in gross carrying amounts and loan loss provisions (*)1, 2 | in € million | 12-month ECL (Stage 1) | Lifetime ECL not credit impaired (Stage 2) | Lifetime ECL credit impaired (Stage 3) | Total | 2022 | Gross carrying amount | Provisions | Gross carrying amount | Provisions | Gross carrying amount | Provisions | Gross carrying amount | Provisions | Opening balance | 890,386 | | 501 | | 49,476 | | 1,016 | | 12,072 | | 3,851 | | 951,934 | | 5,368 | | Transfer into 12-month ECL (Stage 1) | 8,513 | | 21 | | -8,105 | | -142 | | -408 | | -47 | | | | -168 | | Transfer into lifetime ECL not credit impaired (Stage 2) | -42,439 | | -76 | | 43,222 | | 730 | | -784 | | -90 | | | | 564 | | Transfer into lifetime ECL credit impaired (Stage 3) | -3,524 | | -8 | | -1,216 | | -82 | | 4,740 | | 1,234 | | | | 1,144 | | Net remeasurement of loan loss provisions | | | 8 | | | | 223 | | | | 199 | | | | 430 | | New financial assets originated or purchased | 248,443 | | 228 | | | | | | | | 248,443 | | 228 | | Financial assets that have been derecognised | -138,250 | | -70 | | -11,312 | | -94 | | -2,805 | | -215 | | -152,366 | | -379 | | Net drawdowns and repayments | -77,907 | | | -1,340 | | | 21 | | | -79,226 | | | | Changes in models/risk parameters | | | -8 | | | | 13 | | | | 25 | | | | 30 | | Increase in loan loss provisions | | | 95 | | | | 648 | | | | 1,106 | | | | 1,849 | | Write-offs | | | | | | | -1 | | -1,129 | | -1,129 | | -1,129 | | -1,130 | | Recoveries of amounts previously written off | | | | | | | | | | | 71 | | | | 71 | | Foreign exchange and other movements | | | -15 | | | | 16 | | | | -58 | | | | -57 | | Closing balance | 885,222 | | 581 | | 70,725 | | 1,679 | | 11,708 | | 3,841 | | 967,655 | | 6,101 | | 1Stage 3 Lifetime credit impaired provision includes €7 million on Purchased or Originated Credit Impaired. | 2 The addition to the loan provision (in the consolidated statement of profit or loss) amounts to € 1,861 million of which € 1,850 million related to IFRS-9 eligible financial assets, € -3 million related to non-credit replacement guarantees and € 14 million to modification gains and losses on restructured financial assets. |
| | | | | | | | | | | | | | | | | | | | | | | | | | | Changes in gross carrying amounts and loan loss provisions (*)1, 2 | in € million | 12-month ECL (Stage 1) | Lifetime ECL not credit impaired (Stage 2) | Lifetime ECL credit impaired (Stage 3)1 | Total | 2021 | Gross carrying amount | Provisions | Gross carrying amount | Provisions | Gross carrying amount | Provisions | Gross carrying amount | Provisions | Opening balance | 844,231 | | 581 | | 59,313 | | 1,476 | | 13,398 | | 3,797 | | 916,942 | | 5,854 | | Transfer into 12-month ECL (Stage 1) | 15,157 | | 20 | | -14,322 | | -279 | | -835 | | -54 | | | | -313 | | Transfer into lifetime ECL not credit impaired (Stage 2) | -19,737 | | -32 | | 20,537 | | 206 | | -800 | | -75 | | | | 100 | | Transfer into lifetime ECL credit impaired (Stage 3) | -2,166 | | -13 | | -1,589 | | -96 | | 3,755 | | 820 | | | | 712 | | Net remeasurement of loan loss provisions | | | -130 | | | | -228 | | | | 404 | | | | 46 | | New financial assets originated or purchased | 208,501 | | 149 | | | | | | | | 208,501 | | 149 | | Financial assets that have been derecognised | -125,819 | | -73 | | -11,935 | | -104 | | -1,898 | | -237 | | -139,652 | | -414 | | Net drawdowns and repayments | -29,781 | | | -2,527 | | | -694 | | | -33,002 | | | Changes in models/risk parameters | | | 12 | | | | 41 | | | | 130 | | | | 184 | | Increase in loan loss provisions | | | -67 | | | | -460 | | | | 989 | | | | 462 | | Write-offs | | | | | | | -854 | | -854 | | -854 | | -854 | | Recoveries of amounts previously written off | | | | | | | | | 45 | | | | 45 | | Foreign exchange and other movements | | | -13 | | | | 1 | | | | -125 | | | | -138 | | Closing balance | 890,386 | | 501 | | 49,476 | | 1,016 | | 12,072 | | 3,851 | | 951,934 | | 5,368 | | 1Stage 3 Lifetime credit impaired provision includes €4 million on Purchased or Originated Credit Impaired. | 2 The addition to the loan provision (in the consolidated statement of profit or loss) amounts to € 516 million of which € 462 million related to IFRS-9 eligible financial assets, € 43 million related to non-credit replacement guarantees and € 11 million to modification gains and losses on restructured financial assets. |
|
Financial assets modified |
| | | | | | | | | Financial assets modified (*) | in € million | 2022 | 2021 | Financial assets modified during the period | | | Amortised cost before modification | 1,304 | | 2,595 | | Net modification results | -124 | | -47 | | | | | Financial assets modified since initial recognition | | | Gross carrying amount at 31 December of financial assets for which loss allowance has changed to 12-month measurement during the period | 2,382 | | 448 | |
|
Management Adjustments |
| | | | | | | | | Management adjustments to ECL models (*) | in € million | 2022 | 2021 | Economic sector based adjustments | 71 | | 341 | | Second order impact adjustments | 334 | | | | Payment holiday adjustments | | | 32 | | Mortgage portfolio adjustments | 105 | | 124 | | Other post model adjustments1 | -57 | | 121 | | Total management adjustments | 453 | | 618 | | ¹ Prior period figure has been updated to conform to current year presentation. | | |
|
Reconciliation of model ECL to total ECL |
| | | | | | | | | Reconciliation of model (reportable) ECL to total ECL (*) | in € million | 2022 | 2021 | Total model ECL1 | 3,209 | | 2,408 | | ECL from individually assessed impairments | 2,439 | | 2,342 | | ECL from management adjustments | 453 | | 618 | | Total ECL | 6,101 | | 5,368 | | 1 Prior period figure has been updated to conform to current year presentation. | | |
|
Sensitivity analysis for credit risk |
| | | | | | | | | | | | | | | | | | | | | | | | Sensitivity analysis as at December 2022 (*) | | | 2023 | 2024 | 2025 | Un-weighted ECL (€ mln) | Probability-weighting | Reportable ECL (€ mln)1 | Netherlands Upside scenario | Real GDP | 2.2 | | 2.3 | | 2.9 | | 274 | | 20 | % | 381 | | Unemployment | 4.0 | | 3.9 | | 3.8 | | HPI | 13.0 | | 11.8 | | 2.5 | | Baseline Scenario | Real GDP | 0.2 | | 1.4 | | 1.8 | | 349 | | 60 | % | Unemployment | 4.5 | | 4.8 | | 4.9 | | HPI | 3.7 | | 3.7 | | 2.4 | | Downside scenario | Real GDP | -4.2 | | 0.7 | | 0.9 | | 583 | | 20 | % | Unemployment | 6.4 | | 7.8 | | 8.7 | | HPI | -8.0 | | -6.5 | | 2.2 | | Germany Upside scenario | Real GDP | 1.7 | | 2.3 | | 1.8 | | 606 | | 20 | % | 745 | | Unemployment | 2.6 | | 2.2 | | 1.8 | | HPI | 0.6 | | 3.9 | | 6.2 | | Baseline Scenario | Real GDP | -0.7 | | 1.4 | | 1.5 | | 726 | | 60 | % | Unemployment | 3.2 | | 3.1 | | 3.1 | | HPI | -1.8 | | 0.9 | | 2.7 | | Downside scenario | Real GDP | -4.8 | | 0.1 | | 1.0 | | 942 | | 20 | % | Unemployment | 4.8 | | 5.3 | | 5.6 | | HPI | -6.2 | | -3.3 | | -1.4 | | Belgium Upside scenario | Real GDP | 1.7 | | 2.1 | | 2.1 | | 535 | | 20 | % | 596 | | Unemployment | 5.5 | | 5.5 | | 5.3 | | HPI | 2.3 | | 2.6 | | 3.1 | | Baseline Scenario | Real GDP | — | | 1.6 | | 1.8 | | 584 | | 60 | % | Unemployment | 6.1 | | 6.3 | | 6.1 | | HPI | 1.4 | | 2.2 | | 2.5 | | Downside scenario | Real GDP | -3.2 | | 1.0 | | 1.5 | | 692 | | 20 | % | Unemployment | 7.5 | | 8.5 | | 8.4 | | HPI | -1.2 | | 0.9 | | 1.2 | | United States Upside scenario | Real GDP | 3.0 | | 1.5 | | 3.4 | | 100 | | 20 | % | 221 | | Unemployment | 3.4 | | 2.8 | | 2.5 | | HPI | 3.7 | | 7.4 | | 8.1 | | Baseline Scenario | Real GDP | 0.2 | | 1.1 | | 2.3 | | 188 | | 60 | % | Unemployment | 4.3 | | 4.4 | | 3.9 | | HPI | 2.5 | | 2.2 | | 2.8 | | Downside scenario | Real GDP | -4.1 | | 0.2 | | 0.6 | | 442 | | 20 | % | Unemployment | 6.4 | | 7.7 | | 8.2 | | HPI | -1.2 | | -3.8 | | -3.5 | | 1Excluding management adjustments. |
| | | | | | | | | | | | | | | | | | | | | | | | Sensitivity analysis as at December 2021 (*) | | | 2022 | 2023 | 2024 | Un-weighted ECL (€ mln) | Probability-weighting | Reportable ECL (€ mln)1 | Netherlands Upside scenario | Real GDP | 5.1 | | 2.9 | | 2.7 | | 259 | | 20 | % | 307 | | Unemployment | 3.2 | | 2.9 | | 2.9 | | HPI | 23.3 | | 10.9 | | 0.9 | | Baseline Scenario | Real GDP | 3.4 | | 2.0 | | 1.7 | | 289 | | 60 | % | Unemployment | 3.7 | | 4.1 | | 4.3 | | HPI | 13.1 | | 2.8 | | 0.8 | | Downside scenario | Real GDP | -1.5 | | 1.2 | | 0.7 | | 411 | | 20 | % | Unemployment | 5.6 | | 6.8 | | 7.8 | | HPI | 0.3 | | -7.7 | | 0.6 | | Germany Upside scenario | Real GDP | 6.2 | | 3.1 | | 1.6 | | 457 | | 20 | % | 483 | | Unemployment | 2.9 | | 2.2 | | 1.9 | | HPI | 12.9 | | 7.9 | | 5.3 | | Baseline Scenario | Real GDP | 4.0 | | 2.3 | | 1.4 | | 475 | | 60 | % | Unemployment | 3.4 | | 3.1 | | 3.1 | | HPI | 10.4 | | 4.6 | | 1.9 | | Downside scenario | Real GDP | -0.6 | | 0.9 | | 0.8 | | 535 | | 20 | % | Unemployment | 5.0 | | 5.4 | | 5.7 | | HPI | 5.3 | | 0.4 | | -2.1 | | Belgium Upside scenario | Real GDP | 4.6 | | 2.5 | | 2.0 | | 364 | | 20 | % | 393 | | Unemployment | 5.6 | | 5.6 | | 5.9 | | HPI | 3.9 | | 2.7 | | 2.9 | | Baseline Scenario | Real GDP | 3.1 | | 2.0 | | 1.8 | | 383 | | 60 | % | Unemployment | 6.1 | | 6.3 | | 6.3 | | HPI | 3.0 | | 2.3 | | 2.3 | | Downside scenario | Real GDP | -0.4 | | 1.4 | | 1.4 | | 451 | | 20 | % | Unemployment | 7.6 | | 8.6 | | 9.0 | | HPI | 0.4 | | 1.0 | | 1.0 | | United States Upside scenario | Real GDP | 6.7 | | 2.4 | | 3.1 | | 28 | | 20 | % | 75 | | Unemployment | 3.5 | | 2.5 | | 2.4 | | HPI | 10.4 | | 8.1 | | 8.7 | | Baseline Scenario | Real GDP | 4.0 | | 2.5 | | 2.1 | | 55 | | 60 | % | Unemployment | 4.0 | | 3.7 | | 3.7 | | HPI | 9.1 | | 3.0 | | 3.3 | | Downside scenario | Real GDP | -0.7 | | 1.1 | | 0.3 | | 183 | | 20 | % | Unemployment | 6.5 | | 7.4 | | 8.0 | | HPI | 5.3 | | -3.2 | | -3.0 | | ¹ Excluding management adjustments. |
|
Asset class category average threshold investment grade |
| | | | | | | | | | | | | | | Quantitative SICR thresholds (*) | | 2022 | 2021 | Average threshold ratio | Investment grade (rating grade 1-10) | Non-investment grade (rating grade 11-17) | Investment grade (rating grade 1-10) | Non-investment grade (rating grade 11-17) | Asset class category | | | | | Mortgages | 2.7 | | 2.3 | | 2.7 | | 2.2 | | Consumer Lending | 2.8 | | 1.8 | | 2.8 | | 1.7 | | Business Lending | 2.8 | | 2.1 | | 4.0 | | 2.2 | | Governments and Fin. Institutions | 3.0 | | 1.9 | | 7.9 | | 2.2 | | Other Wholesale Banking | 2.8 | | 1.9 | | 4.5 | | 2.0 | |
|
Net interest income (NII) at risk |
| | | | | | | | | | | | | | | NII-at-Risk banking books per business - year one (*) | in € million | 2022 | 2021 | | Ramped, unfloored | Ramped, unfloored | parallel ▼ | parallel ▲ | parallel ▼ | parallel ▲ | By business | | | | | Wholesale Banking | 4 | | -47 | | 46 | | -33 | | Retail Banking Benelux | -88 | | 59 | | -122 | | 132 | | Retail Challengers & Growth Markets | -41 | | 113 | | -93 | | 75 | | Corporate Line Banking | -18 | | 18 | | -58 | | 58 | | Total | -142 | | 142 | | -226 | | 232 | | EUR ramped (unfloored) is at +/- 100bps in 1 year | | | | | USD ramped (unfloored) is at +/- 120bps in 1 year | | | | |
| | | | | | | | | | | | | | | NII-at-Risk banking book per currency - year one (*) | in € million | 2022 | 2021 | | Ramped, unfloored | Ramped, unfloored | parallel ▼ | parallel ▲ | parallel ▼ | parallel ▲ | By currency | | | | | Euro | -119 | | 114 | | -181 | | 179 | | US dollar | -1 | | 2 | | -23 | | 23 | | Other | -23 | | 27 | | -23 | | 30 | | Total | -142 | | 142 | | -226 | | 232 | | EUR ramped (unfloored) is at +/- 100bps in 1 year | | | | | USD ramped (unfloored) is at +/- 120bps in 1 year | | | | |
|
Net present value (NPV) at risk |
| | | | | | | | | | | | | | | NPV-at-Risk banking books per business (*) | in € million | 2022 | 2021 | | unfloored | unfloored | parallel ▼ | parallel ▲ | parallel ▼ | parallel ▲ | By business | | | | | Wholesale Banking | -1,474 | | 1,299 | | -1,477 | | 1,444 | | Retail Banking Benelux | -307 | | -76 | | -953 | | -202 | | Retail Challengers & Growth Markets | 1,327 | | -1,373 | | 832 | | -1,111 | | Corporate Line Banking | 1,049 | | -1,003 | | 1,820 | | -1,712 | | Total | 594 | | -1,153 | | 223 | | -1,580 | | EUR (unfloored) +/- 100bp shock scenario | | | | | USD (unfloored) +/- 120bp shock scenario | | | | |
|
Non-derivative financial instruments to transition to alternative benchmarks |
| | | | | | | | | | | | Non derivative Financial instruments to transition to alternative benchmarks (*) | in € million at 31 December 2022 | Financial Assets non-derivative | Financial Liabilities non-derivative | Off balance sheet commitments | | Carrying value | Carrying value | Nominal value | By benchmark rate | | | | GBP LIBOR | | | | USD LIBOR | 30,040 | | 1,637 | | 7,644 | | CHF LIBOR | | | | | | | | | | | | EONIA | | | | WIBOR | 22,154 | | | 1,411 | | Total | 52,194 | | 1,637 | | 9,055 | |
| | | | | | | | | | | | Non derivative Financial instruments to transition to alternative benchmarks (*) | in € million at 31 December 2021 | Financial Assets non-derivative | Financial Liabilities non-derivative | Off balance sheet commitments | | Carrying value | Carrying value | Nominal value | By benchmark rate1 | | | | GBP LIBOR | 764 | | | 350 | | USD LIBOR | 41,805 | | 1,542 | | 16,435 | | CHF LIBOR | 1 | | | | | | | | | | | | EONIA | | 23 | | 184 | | Total | 42,570 | | 1,565 | | 16,969 | | 1 WIBOR transition plans became concrete in 2022 and therefore no comparatives for 2021 are included.
|
Derivative financial instruments to transition to alternative benchmarks |
| | | | | | | | | Derivative Financial instruments to transition to alternative benchmarks (*) | | 31 December 2022 | 31 December 2021 | in € million | Nominal value | Nominal value | By benchmark rate1 | | | GBP LIBOR | | | 822 | | USD LIBOR2 | 495,318 | | 488,499 | | WIBOR3 | 136,318 | | | | | | | | | | | | Total | 631,636 | | 489,321 | | 1 For cross-currency swaps all legs of the swap are included that are linked to a main IBOR that is significant to ING Group.2 The prior period has been updated to improve consistency and comparability. 3 WIBOR transition plans became concrete in 2022 and therefore no comparatives for 2021 are included. In addition to the amounts in the table above, ING has interest rate swaptions that refer to the USD LIBOR ICE swap rate with a notional of €10,810 million (2021: €10,343 million) that are yet to transition. The transition of these contracts is in general governed by a specific ISDA protocol. Given that IBOR Reform may have various accounting implications, the International Accounting Standards Board (IASB) has undertaken a two-phase project: •Phase 1 addresses those issues that affect financial reporting before the replacement of an existing benchmark. Phase 1 amendments to IFRS were issued by the IASB in 2019 and were early adopted by ING Group in the same year. This allows ING to apply a set of temporary exceptions to continue hedge accounting even when there is uncertainty about contractual cash flows arising from the reform. Under these temporary exceptions, interbank offered rates are assumed to continue unaltered for the purposes of hedge accounting until such time as the uncertainty is resolved. •Phase 2 focuses on issues that may affect financial reporting when the existing benchmark rate is reformed or replaced. Phase 2 amendments to IFRS were issued by the IASB in 2020 and became effective in 2021. Phase 2 amendments to IFRS relate mainly to accounting for changes in the basis for determining the contractual cash flows of financial assets and liabilities due to the IBOR reform and impact on hedge accounting when an existing benchmark rate is reformed or replaced with an alternative risk-free rate. Specifically, Phase 2 amendments require that the effective interest rate on debt financial instruments is adjusted, and hedge accounting continues on transition to risk free rates, but only to the extent that the modifications made to financial instruments are those necessary to implement the IBOR Reform and that the new basis for calculating cash flows is ‘economically equivalent’ to the previous basis. By applying these mandatory amendments, ING avoids recognising modification gains and losses on debt instruments that would otherwise be required in the absence of Phase 2 amendments (changes to debt instruments resulting from IBOR Reform are treated as a reset to the instrument’s variable interest rate). In addition, ING Group avoids hedge accounting discontinuations when modifying both hedged items and hedging instruments (and related hedge documentation) as a consequence of IBOR reform that would otherwise be required in the absence of Phase 2 amendments. As explained above, Phase 1 and Phase 2 IBOR amendments to IFRS, amongst other changes, provide specific hedge accounting reliefs that allow hedge accounting relationships to continue when IBOR Reform is ongoing. Phase 1 reliefs cease to apply when uncertainty arising from IBOR Reform is no longer present with respect to the timing and amount of the IBOR-based cash flows of the relevant instruments. It is ING Group’s policy to cease to apply Phase 1 reliefs when the applicable contract (either hedging instrument or hedged item) is actually modified. As a result, for these hedge accounting relationships the applicable Phase 1 reliefs ceased to apply and Phase 2 became applicable. For USD LIBOR exposures, and although the administrator of LIBOR confirmed on 5 March 2021 its plans for the cessation of USD LIBOR rates at the end of June 2023, there is still uncertainty with respect to the timing of the transition as well as the transition strategy for individual hedged items and/or hedging instruments linked to USD LIBOR. Therefore, for USD LIBOR financial instruments designated in hedge accounting the applicable Phase 1 reliefs will continue to apply until the relevant contract is modified. At that point in time, Phase 2 reliefs will become applicable. In addition, in 2022 ING started to apply Phase 1 reliefs to the hedge accounting relationships linked to WIBOR as there is uncertainty arising from the WIBOR reform with respect to the timing and the amount of the underlying cash flows to which ING is exposed.
|
Net banking currency exposures banking books |
| | | | | | | | | | | | | | | | | | | | | Foreign currency exposures banking books (*) | in € million | Foreign Investments | Hedges | Net exposures | | 2022 | 2021 | 2022 | 2021 | 2022 | 2021 | US dollar1 | 10,470 | | 8,218 | | -2,376 | | -99 | | 8,093 | | 8,119 | | Pound Sterling | 1,364 | | 1,593 | | -58 | | | | 1,306 | | 1,592 | | Polish Zloty | 2,714 | | 2,761 | | -321 | | -142 | | 2,393 | | 2,620 | | Australian Dollar | 3,781 | | 3,774 | | -2,673 | | -2,511 | | 1,108 | | 1,263 | | Turkish Lira | 750 | | 729 | | — | | | | 750 | | 729 | | Chinese Yuan | 1,871 | | 1,976 | | — | | -107 | | 1,871 | | 1,869 | | Russian Rouble | 391 | | 256 | | — | | -174 | | 392 | | 82 | | Other currency | 5,740 | | 5,860 | | -3,761 | | -3,453 | | 1,979 | | 2,407 | | Total | 27,081 | | 25,167 | | -9,189 | | -6,486 | | 17,892 | | 18,681 | | Hyperinflation accounting and goodwill impairment had limited impact on the Turkish lira FX exposure to the CET1 Ratio. The structural Turkish lira exposure arising from ING Bank Turkey’s assets and liabilities remains within risk limits. |
|
Revaluation reserve equity securities at fair value through other comprehensive income |
| | | | | | | | | Revaluation reserve equity securities at fair value through other comprehensive income (*) | in € million | 2022 | 2021 | Positive re-measurement | 1,190 | | 1,291 | | Negative re-measurement | -4 | | -9 | | Total | 1,187 | | 1,282 | |
|
Most important foreign exchange year-end trading positions |
| | | | | | | | | | | | Most important foreign exchange year-end trading positions (*) | in € million | 2022 | | 2021 | Foreign exchange | | Foreign exchange | | US Dollar | -187 | | US Dollar | -160 | | Romanian Leu | 88 | | Taiwan Dollar | 42 | | Japanese Yen | 86 | | Romanian Leu | 32 | | Chinese Yuan | 32 | | Japanese Yen | 27 | | South Korean Won | 28 | | South Korean Won | -24 | |
|
Most important interest rate and credit spread sensitivities explanatory |
| | | | | | | | | | | | Most important interest rate and credit spread sensitivities at year-end (*) | in € thousand | 2022 | | 2021 | Interest Rate (BPV) 1 | | Interest Rate (BPV) 1 | | Euro | -334 | | Euro | -501 | | British Pound | -95 | | US Dollar | 185 | | US Dollar | -79 | | British Pound | -75 | | Taiwan Dollar | 67 | | Taiwan Dollar | 73 | | Japanese Yen | 63 | | Japanese Yen | -57 | | | | | | Credit Spread (CSO1) 2 | | Credit Spread (CSO1) 2 | | Netherlands | 162 | | Netherlands | 535 | | United States | 151 | | Germany | 408 | | Japan | 102 | | United States | 171 | | France | 88 | | France | 112 | | Germany | 87 | | China | 110 | | 1Basis Point Value (BPV) measures the impact on value of a 1 basis point increase in interest rates. The figures include commodity risk in banking books. 2Credit Spread Sensitivity (CS01) measures the impact on value of a 1 basis point increase in credit spreads. Exposures to supranational institutions are not assigned to a specific country. |
|
Credit spread sensitivities per risk class and sector explanatory |
| | | | | | | | | | | | | | | Credit spread sensitivities per risk class and sector at year-end (*) | | 2022 | 2021 | in € thousand | Corporate | Financial Institutions | Corporate | Financial Institutions | Credit Spread (CSO1) 1 | | | | | Risk classes | | | | | 1 (AAA) | 2 | | -1 | | | -5 | | 2–4 (AA) | -1 | | -7 | | -7 | | 18 | | 5–7 (A) | 154 | | -13 | | 141 | | 578 | | 8–10 (BBB) | 249 | | -11 | | 204 | | 12 | | 11–13 (BB) | 7 | | 7 | | 40 | | -1 | | 14–16 (B) | 23 | | -4 | | 52 | | -6 | | 17–22 (CCC and NPL) | 3 | | -7 | | -6 | | -12 | | Not rated | — | | — | | | | Total | 437 | | -36 | | 424 | | 584 | | 1Credit Spread Sensitivity (CS01) measures the impact on value of a 1 basis point increase in credit spreads. |
|
ING funding mix |
| | | | | | | | | Funding mix1 (*) | | 2022 | 2021 | Funding type | | | Customer deposits (retail) | 51% | 51% | Customer deposits (corporate) | 23% | 21% | Interbank | 6% | 9% | Lending/repurchase agreements | 6% | 5% | CD/CP | 3% | 3% | Long-term senior debt | 8% | 8% | Subordinated debt | 2% | 2% | Total | 100% | 100% | 1 Liabilities excluding trading securities and IFRS equity. | | |
|
ING Group long-term debt maturity profile by currency |
| | | | | | | | | | | | | | | | | | | | | | | | | | | ING Group long-term debt maturity profile by currency at year-end 2022 (*) | in € billion (nominal amounts) | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | Beyond 2028 | Total | Currency | | | | | | | | | EUR | 5 | | 1 | | 7 | | 5 | | 6 | | 8 | | 29 | | 61 | | USD | 3 | | 1 | | | | 4 | | 3 | | 4 | | 4 | | 19 | | Other | 1 | | 1 | | 1 | | 2 | | | | 1 | | 2 | | 9 | | Total | 9 | | 3 | | 9 | | 11 | | 9 | | 13 | | 35 | | 90 | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | ING Group long-term debt maturity profile by currency at year-end 2021 (*) | in € billion (nominal amounts) | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | Beyond 2027 | Total | Currency | | | | | | | | | EUR | 7 | | 5 | | 1 | | 5 | | 3 | | 2 | | 29 | | 52 | | USD | 4 | | 3 | | 1 | | | | 2 | | 3 | | 5 | | 18 | | Other | | | 1 | | 1 | | | | 2 | | | | 3 | | 8 | | Total | 11 | | 9 | | 3 | | 6 | | 7 | | 5 | | 38 | | 78 | | |
|