ING GROUP ADDITIONAL PILLAR 3 DISCLOSURES | |
amounts in millions of euros, unless stated otherwise | |
CONTENTS (page numbers are links) | Page number |
Disclaimer | Disclaimer |
Table | |
Template EU OV1 - Overview of total risk exposure amounts | OV1 |
Template EU KM1 - Key metrics template | KM1 |
EU KM2: key metrics - MREL and, where applicable, G-SII Requirement for own funds and eligible liabilities etrics - MREL and, where applicable, G-SII Requirement for own funds and eligible liabilities | KM2 |
Template IFRS 9-FL - Comparison of institutions' own funds and capital and leverage ratios with and without the application of transitional arrangements for IFRS 9 or analogous ECLs | IFRS9 |
Template EU CR8 - RWEA flow statements of credit risk exposures under the IRB approach | CR8 |
Template EU CCR7 - RWEA flow statements of CCR exposures under the IMM | N/A* |
Template EU MR2-B - RWA flow statements of market risk exposures under the IMA | MR2B |
Template EU LIQ1 - Quantitative information of LCR | LIQ1 |
Template EU LIQB - Qualitative information on LCR | LIQB |
Template 1 - Information on loans and advances subject to legislative and non-legislative moratoria | Covid1 |
Template 2 - Breakdown of loans and advances subject to legislative and non-legislative moratoria by residual maturity of moratoria | Covid2 |
Template 3 - Information on newly originated loans and advances provided under newly applicable public guarantee schemes introduced in response to COVID-19 crisis | Covid3 |
* ING has no CCR exposure under IMM | |
The figures in this report have been neither audited nor reviewed by our external auditor. |
EN Annex I
1
DISCLAIMER |
Certain of the statements contained herein are not historical facts, including, without limitation, certain statements made of future expectations and other forward-looking statements that are based on management's current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. Actual results, performance or events may differ materially from those in such statements due to a number of factors, including, without limitation: (1) changes in general economic conditions and customer behaviour, in particular economic conditions in ING's core markets, including changes affecting currency exchange rates and the regional and global economic impact of the invasion of Russia into Ukraine and related international response measures (2) effects of the Covid-19 pandemic and related response measures, including lockdowns and travel restrictions, on economic conditions in countries in which ING operates, on ING's business and operations and on ING's employees, customers and counterparties (3) changes affecting interest rate levels (4) any default of a major market participant and related market disruption (5) changes in performance of financial markets, including in Europe and developing markets (6) fiscal uncertainty in Europe and the United States (7) discontinuation of or changes in 'benchmark' indices (8) inflation and deflation in our principal markets (9) changes in conditions in the credit and capital markets generally, including changes in borrower and counterparty creditworthiness (10) failures of banks falling under the scope of state compensation schemes (11) non-compliance with or changes in laws and regulations, including those concerning financial services, financial economic crimes and tax laws, and the interpretation and application thereof (12) geopolitical risks, political instabilities and policies and actions of governmental and regulatory authorities, including in connection with the invasion of Russia into Ukraine and related international response measures (13) legal and regulatory risks in certain countries with less developed legal and regulatory frameworks (14) prudential supervision and regulations, including in relation to stress tests and regulatory restrictions on dividends and distributions (also among members of the group) (15) regulatory consequences of the United Kingdom's withdrawal from the European Union, including authorizations and equivalence decisions (16) ING's ability to meet minimum capital and other prudential regulatory requirements (17) changes in regulation of US commodities and derivatives businesses of ING and its customers (18) application of bank recovery and resolution regimes, including writedown and conversion powers in relation to our securities (19) outcome of current and future litigation, enforcement proceedings, investigations or other regulatory actions, including claims by customers or stakeholders who feel misled or treated unfairly, and other conduct issues (20) changes in tax laws and regulations and risks of non-compliance or investigation in connection with tax laws, including FATCA (21) operational and IT risks, such as system disruptions or failures, breaches of security, cyber-attacks, human error, changes in operational practices or inadequate controls including in respect of third parties with which we do business (22) risks and challenges related to cybercrime including the eff ects of cyberattacks and changes in legislation and regulation related to cybersecurity and data privacy (23) changes in general competitive factors, including ability to increase or maintain market share (24) inability to protect our intellectual property and infringement claims by third parties (25) inability of counterparties to meet financial obligations or ability to enforce rights against such counterparties (26) changes in credit ratings (27) business, operational, regulatory, reputation, transition and other risks and challenges in connection with climate change and ESG-related matters (28) inability to attract and retain key personnel (29) future liabilities under defined benefit retirement plans (30) failure to manage business risks, including in connection with use of models, use of derivatives, or maintaining appropriate policies and guidelines (31) changes in capital and credit markets, including interbank funding, as well as customer deposits, which provide the liquidity and capital required to fund our operations, and (32) the other risks and uncertainties detailed in the most recent annual report of ING Groep N.V. (including the Risk Factors contained therein) and ING's more recent disclosures, including press releases, which are available on www.ING.com. This document may contain inactive textual addresses to internet websites operated by us and third parties. Reference to such websites is made for information purposes only, and information found at such websites is not incorporated by reference into this document. ING does not make any representation or warranty with respect to the accuracy or completeness of, or take any responsibility for, any information found at any websites operated by third parties. ING specifically disclaims any liability with respect to any information found at websites operated by third parties. ING cannot guarantee that websites operated by third parties remain available following the publication of this document, or that any information found at such websites will not change following the filing of this document. Many of those factors are beyond ING's control. Any forward looking statements made by or on behalf of ING speak only as of the date they are made, and ING assumes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information or for any other reason. This document does not constitute an offer to sell, or a solicitation of an off er to purchase, any securities in the United States or any other jurisdiction. |
Template EU OV1 - Overview of total risk exposure amounts | Index | ||||
Total risk exposure amounts (TREA) | Total own funds requirements | ||||
Thursday, March 31, 2022 | Friday, December 31, 2021 | Thursday, March 31, 2022 | Friday, December 31, 2021 | ||
1 | Credit risk (excluding CCR) | 257,927 | 240,627 | 20,634 | 19,250 |
2 | Of which the standardised approach | 28,233 | 27,663 | 2,259 | 2,213 |
3 | Of which the Foundation IRB (F-IRB) approach | 27,118 | 30,050 | 2,169 | 2,404 |
4 | Of which slotting approach | ||||
EU 4a | Of which equities under the simple riskweighted approach | 2,714 | 2,745 | 217 | 220 |
5 | Of which the Advanced IRB (A-IRB) approach | 199,862 | 180,169 | 15,989 | 14,413 |
6 | Counterparty credit risk - CCR | 15,110 | 12,504 | 1,209 | 1,000 |
7 | Of which the standardised approach | 12,438 | 10,005 | 995 | 800 |
8 | Of which internal model method (IMM) | ||||
EU 8a | Of which exposures to a CCP | 367 | 298 | 29 | 24 |
EU 8b | Of which credit valuation adjustment - CVA | 530 | 584 | 42 | 47 |
9 | Of which other CCR | 1,775 | 1,616 | 142 | 129 |
15 | Settlement risk | 39 | 15 | 3 | 1 |
16 | Securitisation exposures in the non-trading book (after the cap) | 2,133 | 2,341 | 171 | 187 |
17 | Of which SEC-IRBA approach | 388 | 421 | 31 | 34 |
18 | Of which SEC-ERBA (including IAA) | 709 | 800 | 57 | 64 |
19 | Of which SEC-SA approach | 1,036 | 1,120 | 83 | 90 |
EU 19a | Of which 1250% / deduction | ||||
20 | Position, foreign exchange and commodities risks (Market risk) | 12,550 | 8,835 | 1,004 | 707 |
21 | Of which the standardised approach | 6 | 6 | 0 | 0 |
22 | Of which IMA | 12,544 | 8,829 | 1,004 | 706 |
EU 22a | Large exposures | - 0 | - 0 | ||
23 | Operational risk | 32,914 | 35,550 | 2,633 | 2,844 |
EU 23a | Of which basic indicator approach | ||||
EU 23b | Of which standardised approach | ||||
EU 23c | Of which advanced measurement approach | 32,914 | 35,550 | 2,633 | 2,844 |
24 | Amounts below the thresholds for deduction (subject to 250% risk weight) | 9,558 | 9,392 | 765 | 751 |
25 | Other Risk Exposures | 4,673 | 3,800 | 374 | 304 |
29 | Total | 334,905 | 313,064 | 26,792 | 25,045 |
EN Annex I
&P
Template EU KM1 - Key metrics template | Index | ||
Thursday, March 31, 2022 | Friday, December 31, 2021 | ||
Available own funds (amounts) | |||
1 | Common Equity Tier 1 (CET1) capital | 49,907 | 49,760 |
2 | Tier 1 capital | 56,012 | 56,618 |
3 | Total capital | 65,141 | 65,801 |
Risk-weighted exposure amounts | |||
4 | Total risk exposure amount | 334,905 | 313,064 |
Capital ratios (as a percentage of risk-weighted exposure amount) | |||
5 | Common Equity Tier 1 ratio (%) | 14.90% | 15.89% |
6 | Tier 1 ratio (%) | 16.72% | 18.09% |
7 | Total capital ratio (%) | 19.45% | 21.02% |
Additional own funds requirements to address risks other than the risk of excessive leverage (as a percentage of risk-weighted exposure amount) | |||
EU 7a | Additional own funds requirements to address risks other than the risk of excessive leverage (%) | 1.75% | 1.75% |
EU 7b | of which: to be made up of CET1 capital (percentage points) | 0.98% | 0.98% |
EU 7c | of which: to be made up of Tier 1 capital (percentage points) | 1.31% | 1.31% |
EU 7d | Total SREP own funds requirements (%) | 9.75% | 9.75% |
Combined buffer and overall capital requirement (as a percentage of risk-weighted exposure amount) | |||
8 | Capital conservation buffer (%) | 2.50% | 2.50% |
EU 8a | Conservation buffer due to macro-prudential or systemic risk identified at the level of a Member State (%) | ||
9 | Institution specific countercyclical capital buffer (%) | 0.03% | 0.03% |
EU 9a | Systemic risk buffer (%) | ||
10 | Global Systemically Important Institution buffer (%) | 1.00% | 1.00% |
EU 10a | Other Systemically Important Institution buffer (%) | 2.50% | 2.50% |
11 | Combined buffer requirement (%) | 5.03% | 5.03% |
EU 11a | Overall capital requirements (%) | 14.78% | 14.78% |
12 | CET1 available after meeting the total SREP own funds requirements | 14,703 | 16,846 |
Leverage ratio | |||
13 | Total exposure measure | 980,755 | 952,931 |
14 | Leverage ratio (%) | 5.71% | 5.94% |
Additional own funds requirements to address the risk of excessive leverage (as a percentage of total exposure measure) | |||
EU 14a | Additional own funds requirements to address the risk of excessive leverage (%) | ||
EU 14b | of which: to be made up of CET1 capital (percentage points) | ||
EU 14c | Total SREP leverage ratio requirements (%) | 3.17% | 3.17% |
Leverage ratio buffer and overall leverage ratio requirement (as a percentage of total exposure measure) | |||
EU 14d | Leverage ratio buffer requirement (%) | ||
EU 14e | Overall leverage ratio requirement (%) | 3.17% | 3.17% |
Liquidity Coverage Ratio | |||
15 | Total high-quality liquid assets (HQLA) (Weighted value -average) | 171,683 | 165,415 |
EU 16a | Cash outflows - Total weighted value | 214,827 | 206,582 |
EU 16b | Cash inflows - Total weighted value | 90,463 | 87,514 |
16 | Total net cash outflows (adjusted value) | 124,364 | 119,068 |
17 | Liquidity coverage ratio (%) | 138% | 139% |
Net Stable Funding Ratio | |||
18 | Total available stable funding | 716,480 | 710,847 |
19 | Total required stable funding | 513,575 | 512,444 |
20 | NSFR ratio (%) | 140% | 137% |
EN Annex I
&P
EU KM2: key metrics - MREL and, where applicable, G-SII Requirement for own funds and eligible liabilities | Index | ||
at the level of each resolution group | |||
Minimum requirement for own funds and eligible liabilities (MREL) | G-SII Requirement for own funds and eligible liabilities (TLAC) | Minimum requirement for own funds and eligible liabilities (MREL) | G-SII Requirement for own funds and eligible liabilities (TLAC) |
Thursday, March 31, 2022 | Thursday, March 31, 2022 | Friday, December 31, 2021 | Friday, December 31, 2021 |
Own funds and eligible liabilities, ratios and components | |||
1 | Own funds and eligible liabilities | 101,439 | 95,821 |
EU-1a | Of which own funds and subordinated liabilities | ||
2 | Total risk exposure amount of the resolution group (TREA) | 334,905 | 313,064 |
3 | Own funds and eligible liabilities as a percentage of TREA (row1/row2) | 30.29% | 30.61% |
EU-3a | Of which own funds and subordinated liabilities | ||
4 | Total exposure measure of the resolution group | 980,755 | 952,931 |
5 | Own funds and eligible liabilities as percentage of the total exposure measure | 10.34% | 10.06% |
EU-5a | Of which own funds or subordinated liabilities | ||
6a | Pro-memo item - Aggregate amount of permitted non-subordinated eligible liabilities in-struments If the subordination discretion as per Article 72b(3) CRR is applied (max 3.5% exemption) | 0 | 0 |
6b | Does the subordination exemption in Article 72(b)(4) of the CRR apply? (5% exemption) | No | No |
6c | Pro-memo item: If a capped subordination exemption applies under Article 72(b)(3) or (4), the amount of funding issued that ranks pari passu with excluded liabilities and that is recognised under row 1, divided by funding issued that ranks pari passu with Excluded Liabilities and that would be recognised under row 1 if no cap was applied (%) | 0 | 0 |
Minimum requirement for own funds and eligible liabilities (MREL) | |||
EU-7 | MREL requirement expressed as percentage of the total risk exposure amount | ||
EU-8 | Of which to be met with own funds or subordinated liabilities | ||
EU-9 | MREL requirement expressed as percentage of the total exposure measure | ||
EU-10 | Of which to be met with own funds or subordinated liabilities |
Template IFRS 9-FL: Comparison of institutions' own funds and capital and leverage ratios with and without the application of transitional arrangements for IFRS 9 or analogous ECLs | Index | |
Thursday, March 31, 2022 | Friday, December 31, 2021 | |
Available capital (amounts) | ||
Common Equity Tier 1 (CET1) capital | 49,907 | 49,760 |
Common Equity Tier 1 (CET1) capital as if IFRS 9 or analogous ECLs transitional arrangements had not been applied | 49,890 | 49,737 |
CET1 capital as if the temporary treatment of unrealised gains and losses measured at fair value through OCI (other comprehensive income) in accordance with Article 468 of the CRR had not been applied | ||
Tier 1 capital | 56,012 | 56,618 |
Tier 1 capital as if IFRS 9 or analogous ECLs transitional arrangements had not been applied | 55,995 | 56,595 |
Tier 1 capital as if the temporary treatment of unrealised gains and losses measured at fair value through OCI in accordance with Article 468 of the CRR had not been applied | ||
Total capital | 65,141 | 65,801 |
Total capital as if IFRS 9 or analogous ECLs transitional arrangements had not been applied | 65,124 | 65,778 |
Total capital as if the temporary treatment of unrealised gains and losses measured at fair value through OCI in accordance with Article 468 of the CRR had not been applied | ||
Risk-weighted assets (amounts) | ||
Total risk-weighted assets | 334,905 | 313,064 |
Total risk-weighted assets as if IFRS 9 or analogous ECLs transitional arrangements had not been applied | 334,888 | 313,042 |
Capital ratios | ||
Common Equity Tier 1 (as a percentage of risk exposure amount) | 14.90% | 15.89% |
Common Equity Tier 1 (as a percentage of risk exposure amount) as if IFRS 9 or analogous ECLs transitional arrangements had not been applied | 14.90% | 15.89% |
CET1 (as a percentage of risk exposure amount) as if the temporary treatment of unrealised gains and losses measured at fair value through OCI in accordance with Article 468 of the CRR had not been applied | ||
Tier 1 (as a percentage of risk exposure amount) | 16.72% | 18.09% |
Tier 1 (as a percentage of risk exposure amount) as if IFRS 9 or analogous ECLs transitional arrangements had not been applied | 16.72% | 18.08% |
Tier 1 (as a percentage of risk exposure amount) as if the temporary treatment of unrealised gains and losses measured at fair value through OCI in accordance with Article 468 of the CRR had not been applied | ||
Total capital (as a percentage of risk exposure amount) | 19.45% | 21.02% |
Total capital (as a percentage of risk exposure amount) as if IFRS 9 or analogous ECLs transitional arrangements had not been applied | 19.45% | 21.01% |
Total capital (as a percentage of risk exposure amount) as if the temporary treatment of unrealised gains and losses measured at fair value through OCI in accordance with Article 468 of the CRR had not been applied | ||
Leverage ratio | ||
Leverage ratio total exposure measure | 980,755 | 952,931 |
Leverage ratio | 5.71% | 5.94% |
Leverage ratio as if IFRS 9 or analogous ECLs transitional arrangements had not been applied | 5.71% | 5.94% |
Template EU CR8 - RWEA flow statements of credit risk exposures under the IRB approach | Index | ||
Thursday, March 31, 2022 | Friday, December 31, 2021 | ||
Risk weighted exposure amount | Risk weighted exposure amount | ||
1 | Risk weighted exposure amount as at the end of the previous reporting period | 183,989 | 193,977 |
2 | Asset size (+/-) | 1,650 | 6,428 |
3 | Asset quality (+/-) | 3,878 | -15,511 |
4 | Model updates (+/-) | 12,067 | 1,443 |
5 | Methodology and policy (+/-) | -4,235 | |
6 | Acquisitions and disposals (+/-) | ||
7 | Foreign exchange movements (+/-) | 933 | 3,708 |
8 | Other (+/-) | 1,179 | -1,822 |
9 | Risk weighted exposure amount as at the end of the reporting period | 203,695 | 183,989 |
EN Annex XXI
&P
Template EU MR2-B - RWEA flow statements of market risk exposures under the IMA | Index | ||||||||
31 March 2022 | 31 December 2021 | ||||||||
VaR | SVaR | IRC | Comprehensive risk measure | Other | Total RWEAs | Total own funds requirements | Total RWEAs | Total own funds requirements | |
1 | RWEAs at previous period end | 1,179 | 6,336 | 1,314 | 200 | 9,029 | 722 | 8,925 | 714 |
1a | Regulatory adjustment | 912 | 4,930 | 144 | 0 | 5,986 | 479 | 5,852 | 468 |
1b | RWEAs at the previous quarter-end (end of the day) | 267 | 1,406 | 1,170 | 200 | 3,043 | 243 | 3,073 | 246 |
2 | Movement in risk levels | 525 | 115 | 982 | 801 | 2,423 | 194 | -30 | -2 |
3 | Model updates/changes | ||||||||
4 | Methodology and policy | ||||||||
5 | Acquisitions and disposals | ||||||||
6 | Foreign exchange movements | ||||||||
7 | Other | ||||||||
8a | RWEAs at the end of the disclosure period (end of the day) | 792 | 1,521 | 2,152 | 1,001 | 5,466 | 437 | 3,043 | 243 |
8b | Regulatory adjustment | 2,024 | 6,055 | 8,079 | 646 | 5,986 | 479 | ||
8 | RWEAs at the end of the disclosure period | 2,816 | 7,576 | 2,152 | 1,001 | 13,545 | 1,084 | 9,029 | 722 |
EN Annex XXIX
&P
Template EU LIQ1 - Quantitative information of LCR | Index | ||||||||||
Total unweighted value (average) | Total weighted value (average) | ||||||||||
EU 1a | Quarter ending on (31 March 2022) | Thursday, March 31, 2022 | Friday, December 31, 2021 | Thursday, September 30, 2021 | Wednesday, June 30, 2021 | Wednesday, March 31, 2021 | Thursday, March 31, 2022 | Friday, December 31, 2021 | Thursday, September 30, 2021 | Wednesday, June 30, 2021 | Wednesday, March 31, 2021 |
EU 1b | Number of data points used in the calculation of averages | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 |
HIGH-QUALITY LIQUID ASSETS | |||||||||||
1 | Total high-quality liquid assets (HQLA) | 171,683 | 165,415 | 162,965 | 156,904 | 153,950 | |||||
CASH - OUTFLOWS | |||||||||||
2 | Retail deposits and deposits from small business customers, of which: | 470,760 | 472,613 | 470,634 | 465,781 | 457,917 | 32,434 | 32,825 | 32,897 | 32,698 | 32,201 |
3 | Stable deposits | 355,608 | 354,193 | 350,348 | 345,001 | 337,985 | 17,780 | 17,710 | 17,517 | 17,250 | 16,899 |
4 | Less stable deposits | 99,540 | 102,660 | 104,432 | 105,126 | 104,356 | 12,463 | 12,905 | 13,181 | 13,319 | 13,245 |
5 | Unsecured wholesale funding | 373,026 | 358,634 | 350,198 | 347,242 | 349,931 | 128,963 | 122,894 | 118,275 | 115,881 | 116,633 |
6 | Operational deposits (all counterparties) and deposits in networks of cooperative banks | 274,355 | 263,750 | 259,057 | 258,551 | 260,319 | 68,423 | 65,771 | 64,589 | 64,444 | 64,879 |
7 | Non-operational deposits (all counterparties) | 93,220 | 90,653 | 87,000 | 84,339 | 84,354 | 55,089 | 52,893 | 49,544 | 47,084 | 46,497 |
8 | Unsecured debt | 5,451 | 4,230 | 4,141 | 4,352 | 5,257 | 5,451 | 4,230 | 4,141 | 4,352 | 5,257 |
9 | Secured wholesale funding | 13,978 | 13,859 | 12,819 | 11,949 | 11,940 | |||||
10 | Additional requirements | 127,522 | 123,147 | 119,496 | 115,639 | 113,147 | 26,069 | 25,418 | 25,003 | 24,712 | 24,684 |
11 | Outflows related to derivative exposures and other collateral requirements | 8,842 | 8,862 | 9,268 | 9,548 | 9,770 | 8,842 | 8,862 | 9,268 | 9,548 | 9,770 |
12 | Outflows related to loss of funding on debt products | 990 | 982 | 835 | 912 | 910 | 990 | 982 | 835 | 912 | 910 |
13 | Credit and liquidity facilities | 117,690 | 113,303 | 109,393 | 105,180 | 102,467 | 16,238 | 15,574 | 14,900 | 14,253 | 14,004 |
14 | Other contractual funding obligations | 7,699 | 6,197 | 5,178 | 4,660 | 4,408 | 6,941 | 5,442 | 4,425 | 3,911 | 3,662 |
15 | Other contingent funding obligations | 137,271 | 132,469 | 127,893 | 127,153 | 126,487 | 6,442 | 6,144 | 5,799 | 5,653 | 5,319 |
16 | TOTAL CASH OUTFLOWS | 214,827 | 206,582 | 199,217 | 194,804 | 194,439 | |||||
CASH - INFLOWS | |||||||||||
17 | Secured lending (e.g. reverse repos) | 64,061 | 66,487 | 66,522 | 67,486 | 71,395 | 12,394 | 13,129 | 12,844 | 12,535 | 13,811 |
18 | Inflows from fully performing exposures | 37,192 | 36,234 | 35,193 | 34,148 | 33,546 | 29,109 | 28,153 | 27,169 | 26,206 | 25,492 |
19 | Other cash inflows | 230,200 | 218,861 | 213,054 | 212,677 | 216,822 | 48,960 | 46,231 | 44,821 | 44,529 | 45,284 |
EU-19a | (Difference between total weighted inflows and total weighted outflows arising from transactions in third countries where there are transfer restrictions or which are denominated in non-convertible currencies) | ||||||||||
EU-19b | (Excess inflows from a related specialised credit institution) | ||||||||||
20 | TOTAL CASH INFLOWS | 331,453 | 321,582 | 314,769 | 314,311 | 321,762 | 90,463 | 87,514 | 84,834 | 83,270 | 84,587 |
EU-20a | Fully exempt inflows | ||||||||||
EU-20b | Inflows subject to 90% cap | ||||||||||
EU-20c | Inflows subject to 75% cap | 328,267 | 317,772 | 310,420 | 309,375 | 315,773 | 90,463 | 87,514 | 84,834 | 83,270 | 84,587 |
- 0 | - 0 | - 0 | - 0 | - 0 | 46,267 | 165,415 | 156,904 | 156,904 | |||
TOTAL ADJUSTED VALUE | |||||||||||
EU-21 | LIQUIDITY BUFFER | 171,683 | 165,415 | 162,965 | 156,904 | 153,950 | |||||
22 | TOTAL NET CASH OUTFLOWS | 124,364 | 119,068 | 114,383 | 111,533 | 109,851 | |||||
23 | LIQUIDITY COVERAGE RATIO | 138% | 139% | 142% | 141% | 140% |
EN Annex XIII
&P
Table EU LIQB on qualitative information on LCR, which complements template EU LIQ1. | Index | |
Row number | Qualitative information - Free format | |
(a) | Explanations on the main drivers of LCR results and the evolution of the contribution of inputs to the LCR's calculation over time | ING Group's consolidated LCR ratio increased slightly to 139% in 2022Q1, compared to 136% per end of 2021. The change in this quarter can be explained by liquid assets increasing more compared to net outflows. |
(b) | Explanations on the changes in the LCR over time | Over time, LCR increased reflecting the increased volume of operational deposits and non-operational deposits, which was partly offset by the increased volume of assets with undefined end date (cash pools) and trade finance transactions. |
(c) | Explanations on the actual concentration of funding sources | ING's funding and liquidity sources are diversified to ensure the Bank is able to fund its commercial activities both under normal and stressed market circumstances across various geographies, currencies and tenors. The Bank's funding mix is managed by Group Treasury and is monitored on a monthly basis by ALCO Bank. The three largest funding sources in Q1 are retail deposits (48%), corporate deposits (22%) and interbank funding which includes the TLTRO (9%). |
(d) | High-level description of the composition of the institution`s liquidity buffer. | 93% of liquidity buffer consists of Level 1 items of which almost two thirds is withdrawable central bank reserves. Approximately one quarter of Level 1 items is central government and central bank assets. |
(e) | Derivative exposures and potential collateral calls | ING employs a Collateral Funding framework, where expected Collateral exposures are long term funded via the Matched Funding framework. The expected collateral exposures are generated using a risk neutral/ market implied information, and the resulting profiles are rebalancing on a monthly basis. ING covers the potential collateral calls in two ways: 1. Derivatives Funding Framework - where expected Collateral exposures are long term funded via the Matched Funding framework. The expected collateral exposures are generated using a statistical model, and the resulting profiles are rebalancing on a monthly basis 2. HLBA - Potential collateral calls, from unexpected shocks, are taken into account in LCR via the HLBA 24 month lookback approach |
(f) | Currency mismatch in the LCR | First, ING reports and steers LCR above 100% in both all-ccy and USD, in line with Funding & Liquidity RAS and regulatory requirements. Second, additionally, ING reports to the regulator LCR specifically in EUR, RON and HUF. Third, ING monitors LCR per currency and manages any liquidity gap in significant currency positions. These three factors mitigate the risks for ING towards any undue currency mismatches. |
(g) | Other items in the LCR calculation that are not captured in the LCR disclosure template but that the institution considers relevant for its liquidity profile | The LCR disclosure template only presents the consolidated LCR. However, ING also manages and reports LCR for subsidiaries, for material currencies, for foreign currencies of significant branches (RON, HUF and CZK) and for liquidity subgroups. |
EN Annex 17
&P
Template 1: Information on loans and advances subject to legislative and non-legislative moratoria | Index | |||||||||||||
31 March 2022 | Gross carrying amount | Accumulated impairment, accumulated negative changes in fair value due to credit risk | Gross carrying amount | |||||||||||
Performing exposures | Non-performing exposures | Performing exposures | Non-performing exposures | Inflows to | ||||||||||
Of which exposures with forbearance measures | Of which Instruments with significant increase in credit risk since initial recognition but not credit-impaired (Stage 2) | Of which exposures with forbearance measures | Of which: Unlikely to pay that are not past-due or past-due <= 90 days | Of which exposures with forbearance measures | Of which Instruments with significant increase in credit risk since initial recognition but not credit-impaired (Stage 2) | Of which exposures with forbearance measures | Of which: Unlikely to pay that are not past-due or past-due <= 90 days | non-performing exposures | ||||||
Loans and advances subject to moratorium | 5 | 5 | 2 | 4 | -0 | -0 | -0 | -0 | ||||||
Households | 0 | 0 | ||||||||||||
Of which: Collateralised by residential immovable property | 0 | 0 | ||||||||||||
Non-financial corporations | 4 | 4 | 2 | 4 | -0 | -0 | -0 | -0 | ||||||
Of which: Small and Medium-sized Enterprises | ||||||||||||||
Of which: Collateralised by commercial immovable property | ||||||||||||||
Management overlays are not included in the provisions reported here. | ||||||||||||||
Template 1: Information on loans and advances subject to legislative and non-legislative moratoria | ||||||||||||||
31 December 2021 | Gross carrying amount | Accumulated impairment, accumulated negative changes in fair value due to credit risk | Gross carrying amount | |||||||||||
Performing exposures | Non-performing exposures | Performing exposures | Non-performing exposures | Inflows to | ||||||||||
Of which exposures with forbearance measures | Of which Instruments with significant increase in credit risk since initial recognition but not credit-impaired (Stage 2) | Of which exposures with forbearance measures | Of which: Unlikely to pay that are not past-due or past-due <= 90 days | Of which exposures with forbearance measures | Of which Instruments with significant increase in credit risk since initial recognition but not credit-impaired (Stage 2) | Of which exposures with forbearance measures | Of which: Unlikely to pay that are not past-due or past-due <= 90 days | non-performing exposures | ||||||
Loans and advances subject to moratorium | 38 | 38 | 2 | 21 | 1 | 0 | -1 | -0 | -0 | -0 | -0 | 0 | -0 | 0 |
Households | 23 | 22 | 5 | 1 | 0 | -0 | -0 | 0 | -0 | -0 | -0 | 0 | ||
Of which: Collateralised by residential immovable property | 16 | 15 | 1 | 0 | 0 | -0 | -0 | 0 | -0 | -0 | -0 | 0 | ||
Non-financial corporations | 15 | 15 | 2 | 15 | -0 | -0 | -0 | -0 | ||||||
Of which: Small and Medium-sized Enterprises | ||||||||||||||
Of which: Collateralised by commercial immovable property | 9 | 9 | 9 | -0 | -0 | -0 | ||||||||
Management overlays are not included in the provisions reported here. |
Template 2: Breakdown of loans and advances subject to legislative and non-legislative moratoria by residual maturity of moratoria | Index | ||||||||
31 March 2022 | Number of obligors | Gross carrying amount | |||||||
Of which: legislative moratoria | Of which: expired | Residual maturity of moratoria | |||||||
<= 3 months | > 3 months <= 6 months | > 6 months <= 9 months | > 9 months <= 12 months | > 1 year | |||||
Loans and advances for which moratorium was offered | 135,341 | 15,499 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Loans and advances subject to moratorium (granted) | 128,895 | 14,578 | 4,042 | 14,573 | 3 | 2 | |||
Households | 6,455 | 3,164 | 6,455 | 0 | |||||
Of which: Collateralised by residential immovable property | 5,200 | 2,811 | 5,200 | 0 | |||||
Non-financial corporations | 7,498 | 816 | 7,494 | 3 | 2 | ||||
Of which: Small and Medium-sized Enterprises | 1,483 | 45 | 1,483 | ||||||
Of which: Collateralised by commercial immovable property | 5,091 | 587 | 5,091 | ||||||
Template 2: Breakdown of loans and advances subject to legislative and non-legislative moratoria by residual maturity of moratoria | |||||||||
31 December 2021 | Number of obligors | Gross carrying amount | |||||||
Of which: legislative moratoria | Of which: expired | Residual maturity of moratoria | |||||||
<= 3 months | > 3 months <= 6 months | > 6 months <= 9 months | > 9 months <= 12 months | > 1 year | |||||
Loans and advances for which moratorium was offered | 144,770 | 16,337 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Loans and advances subject to moratorium (granted) | 137,547 | 15,346 | 4,136 | 15,308 | 33 | 3 | 2 | ||
Households | 6,771 | 3,277 | 6,748 | 23 | 0 | ||||
Of which: Collateralised by residential immovable property | 5,390 | 2,887 | 5,374 | 16 | 0 | ||||
Non-financial corporations | 7,933 | 796 | 7,918 | 11 | 3 | 2 | |||
Of which: Small and Medium-sized Enterprises | 1,664 | 53 | 1,664 | ||||||
Of which: Collateralised by commercial immovable property | 5,333 | 600 | 5,324 | 9 |
Template 3: Information on newly originated loans and advances provided under newly applicable public guarantee schemes introduced in response to COVID-19 crisis | Index | |||
31 March 2022 | Gross carrying amount | Maximum amount of the guarantee that can be considered | Gross carrying amount | |
Of which: forborne | Public guarantees received | Inflows to non-performing exposures | ||
Newly originated loans and advances subject to public guarantee schemes | 2,370 | 198 | 2,332 | 27 |
Households | 83 | 0 | 0 | 1 |
Of which: Collateralised by residential immovable property | 3 | 0 | 0 | 0 |
Non-financial corporations | 2,283 | 192 | 2,246 | 27 |
Of which: Small and Medium-sized Enterprises | 1,087 | 0 | 0 | 13 |
Of which: Collateralised by commercial immovable property | 598 | 0 | 0 | 6 |
Template 3: Information on newly originated loans and advances provided under newly applicable public guarantee schemes introduced in response to COVID-19 crisis | ||||
31 December 2021 | Gross carrying amount | Maximum amount of the guarantee that can be considered | Gross carrying amount | |
Of which: forborne | Public guarantees received | Inflows to non-performing exposures | ||
Newly originated loans and advances subject to public guarantee schemes | 2,198 | 208 | 2,155 | 27 |
Households | 77 | 0 | 0 | 0 |
Of which: Collateralised by residential immovable property | 3 | 0 | 0 | 0 |
Non-financial corporations | 2,116 | 203 | 2,073 | 26 |
Of which: Small and Medium-sized Enterprises | 1,001 | 0 | 0 | 13 |
Of which: Collateralised by commercial immovable property | 539 | 0 | 0 | 6 |
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ING Groep NV published this content on 23 May 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 May 2022 08:55:02 UTC.