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Segments (Tables)
6 Months Ended
Jun. 30, 2022
Segments [abstract]  
Summary of reconciliation between IFRS and underlying income, expenses and net result
Reconciliation between IFRS-IASB and IFRS-EU income, expense and net result
6 month period
1 January to 30 June
2022
2021
in EUR million
Income
Expenses
Taxation
Non-controlling
interests
Net result
1
Income
Expenses
Taxation
Non-controlling
interests
Net result
1
Net result IFRS-IASB attributable to equity holder of the parent
17,876
6,871
3,180
80
7,745
10,175
5,691
1,265
59
3,161
Remove impact of:
Adjustment of the EU 'IAS 39 carve out'
2
-8,594
0
-2,456
0
-6,139
-956
0
-260
0
-697
Result IFRS-EU
3
9,282
6,871
724
80
1,606
9,219
5,691
1,005
59
2,464
1. Net result, after tax and non-controlling interests.
2. ING prepares the Form 6-K in accordance with IFRS-IASB. This information is prepared by reversing the hedge accounting impacts that
applied under the EU 'carve-out' version of IAS 39. For the IFRS-EU result, the impact of the carve-out is re-instated as this is the measure at
which management monitors the business.
3. IFRS-EU figures are derived from figures according to IFRS-IASB by excluding the impact of adjustment of the EU 'IAS 39 carve-out'.
Schedule of ING Group total
ING Group Total
6 month period
1 January to 30 June
2022
2021
in EUR million
ING
Bank
Other
 
Total
 
ING Group
ING
Bank
Other
 
Total
 
ING Group
Income
– Net interest income
6,884
-4
6,880
6,852
6,853
– Net fee and commission income
1,822
-0
1,822
1,710
-0
1,710
– Total investment
 
and other income
576
4
580
653
4
656
Total income
9,282
9,282
9,215
4
9,219
Expenditure
– Operating expenses
5,678
5
5,682
5,553
6
5,560
– Addition to loan loss provisions
1,189
-0
1,189
131
-0
131
Total expenses
6,866
5
6,871
5,685
6
5,691
Result before taxation
2,416
-5
2,411
3,530
-2
3,528
Taxation
726
-1
724
1,005
1,005
Non-controlling interests
80
80
59
0
59
Net result IFRS-EU
1,610
-4
1,606
2,467
-2
2,464
Adjustment of the EU 'IAS 39 carve out'
6,139
6,139
697
697
Net result IFRS-IASB attributable to equity holder of the parent
7,749
-4
7,745
3,163
-2
3,161
Summary of segments banking by line of business
Segments by line of business
 
6 month period
 
1 January to 30 June
2022
2021
in EUR million
Retail
Netherlands
Retail
 
Belgium
Retail
 
Germany
 
Retail
Other
 
Wholesale
Banking
Corporate
Line
Total
Retail
Netherlands
Retail
 
Belgium
Retail
 
Germany
1
Retail
Other
Wholesale
Banking
Corporate
Line
Total
 
Income
 
Net interest income
1,489
834
703
1,488
2,139
228
6,880
1,651
894
734
1,354
2,044
174
6,853
 
Net fee and commission income
433
258
249
279
605
-2
1,822
368
248
257
253
580
4
1,710
 
Total investment
 
and other income
222
117
102
-13
519
-367
580
119
99
45
122
267
5
656
Total income
2,144
1,209
1,054
1,755
3,262
-141
9,282
2,138
1,241
1,036
1,729
2,891
184
9,219
Expenditure
 
Operating expenses
1,015
1,022
595
1,269
1,524
258
5,682
1,181
912
604
1,174
1,452
237
5,560
 
Additions to loan loss provisions
-6
23
36
108
1,027
-0
1,189
-65
194
19
102
-119
131
Total expenses
1,009
1,045
631
1,377
2,551
258
6,871
1,116
1,107
623
1,276
1,333
237
5,691
Result before taxation
1,134
164
423
377
712
-400
2,411
1,022
134
413
454
1,558
-53
3,528
Taxation
301
49
83
139
188
-37
724
267
41
135
117
355
89
1,005
Non-controlling interests
0
2
59
19
0
80
0
2
46
10
-0
59
Net result IFRS-EU
833
115
338
180
504
-363
1,606
754
94
275
291
1,192
-142
2,464
Adjustment of the EU 'IAS 39 carve out'
6,139
6,139
697
697
Net result IFRS-IASB
833
115
338
180
6,643
-363
7,745
754
94
275
291
1,889
-142
3,161
1 Germany Including ING Austria (up to and including 2021, after
 
which ING left the retail market).
2 Retail Other including Retail Banking Czech
 
Republic (up to and including 2021, after which ING left the retail
 
market).
Summary of geographical segments banking
Geographical split of the segments
 
6 month period
1 January to 30 June
2022
2021
in EUR million
Netherlands
Belgium
Germany
1
Other
Challengers
 
Growth
Markets
Wholesale
Banking Rest
of World
 
Other
Total
Netherlands
Belgium
 
Germany
1
Other
Challengers
2,3
Growth
Markets
 
Wholesale
Banking Rest
of World
3
Other
Total
 
Net interest income
1,887
1,017
940
893
947
972
223
6,880
2,023
1,072
1,010
936
749
888
175
6,853
– Net fee and commission
income
578
360
270
158
192
265
-2
1,822
518
356
263
159
163
248
4
1,710
 
Total investment
 
and
other income
432
165
131
32
65
119
-363
580
148
127
78
46
154
99
5
656
Total income
2,898
1,542
1,341
1,083
1,204
1,356
-141
9,282
2,688
1,554
1,350
1,141
1,066
1,235
184
9,219
Expenditure
 
Operating expenses
1,446
1,185
690
690
778
635
258
5,682
1,577
1,065
691
709
636
644
237
5,560
 
Additions to loan loss
provisions
127
155
438
42
108
318
-0
1,189
-51
139
43
55
45
-101
131
Total expenses
1,573
1,340
1,128
732
886
954
258
6,871
1,526
1,205
734
764
681
543
237
5,691
Result before taxation
1,324
201
214
351
318
402
-400
2,411
1,162
349
616
377
384
692
-53
3,528
Retail Banking
1,134
164
423
183
195
2,099
1,022
134
413
160
294
2,023
Wholesale Banking
190
37
-209
168
123
402
0
712
140
215
203
217
91
692
0
1,558
Corporate Line
-400
-400
-53
-53
Result before taxation
1,324
201
214
351
318
402
-400
2,411
1,162
349
616
377
384
692
-53
3,528
Taxation
346
58
76
111
114
73
-54
724
298
92
186
116
83
143
87
1,005
Non-controlling interests
0
2
78
0
80
0
2
57
-0
59
Net result IFRS-EU
978
143
136
240
126
329
-346
1,606
864
257
428
261
245
549
-140
2,464
Adjustment of the EU 'IAS
39 carve out'
2,477
814
2,668
179
6,139
477
35
185
-1
697
Net result IFRS
3,454
957
2,804
419
126
329
-346
7,745
1,341
292
613
261
245
549
-140
3,161
1 Germany includes Wholesale Banking Austria. Also including Retail Banking in Austria, but only up to and including 2021, after which ING left the retail market.
2 Other Challengers includes Retail Banking Czech Republic (up to and including 2021, after which ING left the retail banking market).
3 As from 2022, Wholesale Banking Czech Republic is recorded in Wholesale Banking Rest of World (previously recorded in Other Challengers). Historical
 
figures have been adjusted.