ING Groep N.V. · EURONEXT:INGA
ING Groep — Corporate Update (February 2022)
4 slides from ING Groep's corporate update, February 2022
Slide 1: ING update on Russia and Ukraine
ING update on Russia and Ukraine 1
Slide 2: Update on Russia as per 28 February 2022
Update on Russia as per 28 February 2022 Business overview Current developments ING in Russia Sanctions imposed by EU/UK/US ▪ ING Wholesale Banking active in Russia since 1993 ▪ Already working under sanctions imposed in 2014 ▪ Subsidiary capitalisation €0.2 bln ▪ €0.7 bln outstanding affected by ne
Slide 3: Overview Russia-related exposure (in € bln) per 28 February 2022
Overview Russia-related exposure (in € bln) per 28 February 2022 (~0.9% of ING Group loan book) Russian borrower with Russian ownership* 5.0 By currency Russian borrower with non-Russian ownership (parent guaranteed) 0.3 15% Total 5.3 Non-Russian borrower with Russian ownership 1.5 Total including p
Slide 4: Update on Ukraine (in € bln) as per 28 February 2022
Update on Ukraine (in € bln) as per 28 February 2022 (~0.1% of ING Group loan book) Business overview Booked at ING in Ukraine 0.4 ING in Ukraine Booked at other ING entities 0.2 ▪ ING Wholesale Banking active in Ukraine since 1994 Total 0.5 ▪ Capitalisation ~€0.1 bln Of which covered by (European)