Ing Groep N.v. · EURONEXT:INGA
Ing Groep — Investor Day (June 2024)
9 slides from Ing Groep's investor day presentation, Jun 17, 2024
Slide 1: Growing the difference
Growing the difference Accelerating growth, increasing impact, delivering value Capital Markets Day 2024 Ljiljana Čortan, Chief Risk Officer 17 June 2024
Slide 2: Successfully managing our risk through-the-cycle
Successfully managing our risk through-the-cycle Who we are Risk costs below eurozone peers’1) average Consistently low Stage 3 ratio 72 72 3.4% 67 3.2% 60 53 2.7% 2.4% 2.3% 1.7% 1.5% 1.5% 25 27 25 24 1.4% 1.4% 20 2019 2020 2021 2022 2023 2019 2020 2021 2022 2023 ING rolling average 10y (in bps) 2)
Slide 3: Maintaining a low risk profile by using a holistic approach
Maintaining a low risk profile by using a holistic approach Who we are Credit and counterparty risk Operational risk Financial risk 83%1) 12%1) 5%1,2) Clear and consistent credit and Continuously improving operational counterparty risk management resilience and internal controls Prudent approach to
Slide 4: Credit risk management framework built on a strong risk culture
Credit risk management framework built on a strong risk culture Where we are now Strong risk culture Pro-active monitoring and Focus on diversification Selective at the gate management ▪ Concentration risk measured, ▪ Disciplined origination supported ▪ Early warning indicators and managed and monit
Slide 5: Preserving asset quality with targeted and effective credit strategies
Preserving asset quality with targeted and effective credit strategies Where we are now in € bln1) 5.3 ▪ 75% reduction of our Russia-related exposure, with no material losses 1.3 ▪ Portfolio in run-off Russia exposure Feb 2022 2023 in € bln2) 8.6 ▪ 34% reduction of leveraged finance3) exposure 5.7 ▪
Slide 6: Sufficient risk appetite to enable 'growing the difference' strategy
Sufficient risk appetite to enable ‘growing the difference’ strategy Our strategic priorities Retail Banking Wholesale Banking ▪ Growth in existing markets that we know well from a risk ▪ Further improve income/RWA thus improving the return on perspective, best practices will be applied and shared r
Slide 7: Pro-active management of evolving risks and regulations
Pro-active management of evolving risks and regulations Our strategic priorities Basel Cyber-security / (Gen)AI Operational KYC / Climate / IV technology risks risks resilience compliance risks environmental risks ▪ Day 1 impact on ▪ Continuous ▪ Building a scalable ▪ Further strengthen ▪ Investing
Slide 8: Our priorities support our ambition to be the best European bank
Our priorities support our ambition to be the best European bank Our strategic priorities To be the best European bank by Ensure safe Manage risks Simplify Manage Maintain best in class and sustainable (pro)-actively and digitise evolving risks risk management business growth ▪ Granular risk appetit
Slide 9: Important legal information
Important legal information ING Group’s annual accounts are prepared in accordance with International Financial Reporting Standards as adopted by the European Union (‘IFRS- EU’). In preparing the financial information in this document, except as described otherwise, the same accounting principles ar