ING 1Q2023 Financial Targets Update
Our strong foundation with a large retail deposit base and a high
level of available liquidity resources
A growing base of insured Retail Banking deposits (in € bln)
660
45
66
Strong liquidity position (in € bln)
Available liquidity resources
17%
549
435
83%
insured
114
35%
insured
Total customer deposits
Private individuals
Business Banking
Group Treasury
31%
€268
13%
bln
38%
Retail Banking
Wholesale Banking
Highly insured, granular and continuously growing customer
deposits¹) represent a strong funding base
Strong focus on Retail Banking, diversified across >37mln
private individuals and >1.5 mln businesses, in 10 countries
Average private individual account balance of ~€15,000
In a positive rate environment our growing deposit base has a
material embedded value supporting our revenues in the
coming years
1) See slide 24 for more details on our deposit base
HQLA cash
HQLA investment portfolio
Non-HQLA liquid assets
Retained assets
Group LCR stable at 134% on a 12-month moving average
base and 137% at the end of 1Q2023. This excludes local
liquidity surpluses that are not transferrable cross-border
High level of available liquidity resources at €268 bln, including
a sizable HQLA portfolio (€187 bln, 95% Level 1 assets)
The interest rate risk of the balance sheet, including the
investment portfolio, is hedged
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