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Related parties (Tables)
12 Months Ended
Dec. 31, 2024
Related party transactions [abstract]  
Transaction with ING Group's main associates and joint ventures
Transactions with ING Group’s main associates and joint ventures
AssociatesJoint ventures
in EUR million2024202320242023
Assets142  121    
Liabilities263  424  10   
Off-balance sheet commitments23  20    
Income received16  10    
Expenses paid    
Summary of information about key management personnel
Key management personnel compensation (Executive Board and Management Board Banking)
2024
in EUR thousands
Executive Board of ING Groep N.V.
Management Board Banking 1
Total
Fixed Compensation
–  Base salary4,388  3,598  7,987  
–  Collective fixed allowances 2
1,033  790  1,823  
–  Pension costs84  95  179  
–  Severance benefits
Variable compensation
–  Upfront cash 609  609  
–  Upfront shares302  609  911  
–  Deferred cash 914  914  
–  Deferred shares453  914  1,367  
–  Other emoluments 3
306  418  724  
Total compensation6,566  7,948  14,513  
1Excluding members of the Management Board Banking that are also members of the Executive Board of ING Groep N.V.
2The collective fixed allowances consist of two savings allowances applicable to employees in the Netherlands; an individual savings allowance of 3.5% and a collective savings allowance to compensate for the loss of pension benefits with respect to salary in excess of EUR 137,800.
3This includes expatriate allowances (such as housing, school/tuition fees and international health insurances, if applicable); banking and insurance benefits from ING (on the same terms as for other employees of ING in the Netherlands); tax and financial planning services to ensure compliance with the relevant legislative requirements; and the use of a company car or driver service.
Key management personnel compensation (Executive Board and Management Board Banking)
2023
in EUR thousands
Executive Board of ING Groep N.V.
Management Board Banking 1
Total
Fixed Compensation
–  Base salary4,220  4,200  8,420  
–  Collective fixed allowances 2
1,002  887  1,889  
–  Pension costs78  107  185  
–  Severance benefits
734  734  
Variable compensation
–  Upfront cash598  598  
–  Upfront shares293  598  891  
–  Deferred cash897  897  
–  Deferred shares439  897  1,336  
–  Other emoluments 3
344  487  832  
Total compensation6,376  9,405  15,782  
1Excluding members of the Management Board Banking that are also members of the Executive Board of ING Groep N.V.
2The collective fixed allowances consist of two savings allowances applicable to employees in the Netherlands; an individual savings allowance of 3.5% and a collective savings allowance to compensate for the loss of pension benefits with respect to salary in excess of EUR 128,810.
3This includes expatriate allowances (such as housing, school/tuition fees and international health insurances, if applicable); banking and insurance benefits from ING (on the same terms as for other employees of ING in the Netherlands); tax and financial planning services to ensure compliance with the relevant legislative requirements; reimbursement of costs under the Directors & Officers indemnity provided by ING; and the use of a company car or driver service.

Key management personnel compensation (Executive Board and Management Board Banking)
2022
Executive Board of ING Groep N.V.
Management Board Banking 1
Total
in EUR thousands
Fixed Compensation
–  Base salary4,220  4,969  9,189  
–  Collective fixed allowances 2
1,011  1,073  2,084  
–  Pension costs70  116  186  
–  Severance benefits932  932  
Variable compensation
–  Upfront cash803  803  
–  Upfront shares268  803  1,071  
–  Deferred cash1,204  1,204  
–  Deferred shares401  1,204  1,605  
–  Other emoluments 3
296  638  934  
Total compensation6,266  11,742  18,008  
1Excluding members of the Management Board Banking that are also members of the Executive Board of ING Groep N.V.
2The collective fixed allowances consist of two savings allowances applicable to employees in the Netherlands; an individual savings allowance of 3.5% and a collective savings allowance to compensate for loss of pension benefits with respect to salary in excess of EUR 114,866.
3This includes amongst others: housing, school/tuition fees, international health insurance, relocation costs and tax and financial planning.
Summary of key management personnel compensation of supervisory board
The table below shows the total of fixed remuneration, expense allowances and attendance fees for the Supervisory Board in 2024, 2023 and 2022.
Key management personnel compensation (Supervisory Board)
in EUR thousands202420232022
Total compensation1,1911,1521,048
Disclosure of shares and stock options to key management
Number of ING Groep N.V. shares to key management personnel
ING Groep N.V. shares
in numbers20242023
Executive Board members152,652 128,241
Management Board Banking343,055 262,507
Supervisory Board members5,2955,295