XML 19 R9.htm IDEA: XBRL DOCUMENT v3.22.2
Financial assets at fair value through profit or loss
6 Months Ended
Jun. 30, 2022
Financial assets at fair value through profit or loss [abstract]  
Financial assets at fair value through profit or loss
2
 
Financial assets at fair value through profit or loss
Financial assets at fair value through profit or loss
in EUR million
30
June
2022
31
December
2021
Trading assets
60,733
51,381
Non-trading derivatives
2,693
1,536
Designated at fair value through profit or loss
6,565
6,355
Mandatorily measured at fair value through profit or loss
68,636
42,684
138,628
101,956
Trading assets include assets that
 
are classified under IFRS as Trading, but are
 
closely related to servicing the
needs of the clients of ING Group. ING offers institutional clients, corporate
 
clients, and governments, products
that are traded on the financial markets. A significant part of the derivatives
 
in the trading portfolio is related
to servicing corporate clients in their risk management to hedge for
 
example currency or interest rate
exposures. In addition, ING provides its customers access to equity and debt markets
 
for issuing their own
equity or debt securities (securities underwriting).
(Reverse) repurchase transactions
Financial assets at fair value through profit or loss includes securities lending and sales and repurchase
transactions which were not derecognised, because ING Group continues to be exposed
 
to substantially all
risks and rewards of the transferred
 
financial asset. For repurchase agreements the gross amount of assets
must be considered together with the gross amount of related
 
liabilities, which are presented separately on
the statement of financial position since IFRS does not always allow netting
 
of these positions in the statement
of financial position.
ING Group’s exposure
 
to (reverse) repurchase transactions is included in the following
 
lines in the statement of
financial position:
Exposure to (reverse) repurchase agreements
in EUR million
30
June
2022
31
December
2021
Reverse repurchase transactions
Loans and advances to banks
4,176
3,403
Loans and advances to customers
703
71
Trading assets (loans and receivables)
10,343
8,026
(Loans and receivables) Mandatorily measured at fair value through
 
profit or loss
64,977
39,823
80,200
51,322
Repurchase transactions
Deposits from banks
4,964
4,138
Trading liabilities, funds on deposit
11,414
7,127
Funds entrusted designated and measured at fair value
 
through profit or loss
50,991
34,608
67,370
45,873