ING 1Q2023 Financial Targets Update
Growing base of mainly sticky insured retail deposits
Growing base of insured deposits from private individuals as
main source of funding
■ €435 bln deposits representing ~70% of total customer
deposits (excl. GT) and ~43% % of our balance sheet
High share of insured deposits at ~83%, reflecting that ~95%
of our customers has a balance below the €100k DGS-hurdle
Large customer base spread over 10 countries, generally
sticky base through turbulent time
Deposits in Business Banking mainly from primary clients
■ €114 bln deposits representing ~20% of total customer
deposits (excl. GT) and ~11% of our balance sheet
Share of insured deposits at ~35%
■ More than 75% of our >1.5 mln Business Banking clients
consider ING as their primary bank
Deposits in WB mainly from PCM clients
■ €66 bln deposits representing ~10% of total customer
deposits (excl. GT) and ~6% of our balance sheet
■ More than 95% from payment and cash management
clients, differentiated across >40 countries around the globe
Customer deposits excluding Group Treasury (in € bln)
600
500
400
300
200
100
0
2018
2019
2020
2021
2022
Mar-23
Private individuals
Business Banking
Wholesale Banking
24
24View entire presentation