Ing Groep N.v. · EURONEXT:INGA
Ing Groep — Investor Day (June 2022)
8 slides from Ing Groep's investor day presentation, Jun 13, 2022
Slide 1: ING Investor Update 2022 Chief Risk Officer
ING Investor Update 2022 Chief Risk Officer 13 June 2022
Slide 2: Value protected by a strong credit risk management framework
Value protected by a strong credit risk management framework Focus on diversification Selective at the gate Pro-active management ▪ Caps on exposures to mitigate ▪ Granular cascaded risk appetite ▪ Early warning based monitoring concentration risk boundaries / limits ▪ Structured watch list process
Slide 3: Portfolio view confirms strong credit risk position
Portfolio view confirms strong credit risk position Diversified by geography and product Lower loan-to-value Retail mortgages Well-secured loan book Lending credit outstandings* 2021 Lending credit outstandings* 2021 67% 57% NL €787 bln Belux €787 bln Germany Fully secured Rest of Europe Partially s
Slide 4: Strong track record in managing credit risk through-the-cycle
Strong track record in managing credit risk through-the-cycle Lowest risk costs in eurozone peer group Stage 3 ratio well below eurozone peer average Risk costs in bps over average customer lending 263 247 4.7% 210 3.9% 177 3.4% 3.2% 134 2.7% 108 110 88 1.9% 1.7% 74 68 1.5% 1.5% 58 53 1.4% 43 23 25
Slide 5: Managing Russia-related exposure
Managing Russia-related exposure Total Russia-related exposure* Onshore exposure* and equity Offshore exposure* (in € bln) (in € bln) (in € bln) 6.7 6.0 5.8 5.0 5.3 4.8 4.5 3.9 1.3 1.3 1.3 1.1 0.2 0.1 0.1 0.1 28 31 March 30 April 31 May 28 31 March 30 April 31 May 28 31 March 30 April 31 May Februar
Slide 6: Operational resilience and strengthening our gatekeeper role
Operational resilience and strengthening our gatekeeper role Operational resilience Strengthening Know Your Customer (KYC) ▪ Uninterrupted services during the pandemic with high ▪ Global organisation in place channel availability in 2020 and 2021 ▪ Global policy and risk appetite statements rolled o
Slide 7: Focus on effective and efficient risk management
Focus on effective and efficient risk management Effective and efficient Pro-active approach Enabling opportunities ▪ Further developing third-party ▪ Identifying and adapting to new ▪ Enabling opportunities within our cooperation in areas such as and emerging risks, such as risk appetite to support
Slide 8: 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 are