ING Bank N.V.

ING Bank N.V. is the main banking subsidiary of ING Group N.V., headquartered in Amsterdam, providing retail and wholesale banking across the Benelux and selected markets including Germany (ING-DiBa), Poland (ING Bank Śląski), Spain, Italy, Romania, and Turkey, with wholesale operations in the Americas and Asia-Pacific. The bank’s offering spans current and savings accounts, mortgages, consumer and SME lending, cards and payments, investment and brokerage services in certain countries, and wholesale products such as cash management, lending, financial markets, trade and commodity finance, and debt capital markets. It is directly supervised by the European Central Bank and De Nederlandsche Bank under the Single Supervisory Mechanism; resolution planning is overseen by the Single Resolution Board, and the bank issues senior preferred and non-preferred debt, covered bonds, and other MREL-eligible instruments. Funding is anchored in customer deposits, supplemented by secured and unsecured wholesale funding; reported capital and liquidity ratios are above regulatory minimums, and dividends to the parent are subject to supervisory constraints. ING has adjusted its footprint in recent years, exiting or winding down certain retail activities (including in France and the Czech Republic) while maintaining direct-bank franchises in core European markets, and it has reduced Russia-related exposures since 2022. The group settled anti–money laundering shortcomings in the Netherlands in 2018, with subsequent remediation programs and onboarding restrictions in some units; compliance, KYC, and conduct risk remain areas of elevated regulatory scrutiny and expense. Credit exposure includes sizable residential mortgage books in the Netherlands, Belgium, and Germany, and diversified corporate lending across sectors and geographies; key risk factors include interest-rate sensitivity, credit quality through the cycle, cyber resilience, and evolving prudential requirements. ING Bank N.V. carries long-term ratings in the A/Aa range from major agencies, and the listed parent (Euronext Amsterdam: INGA; NYSE: ING) reports consolidated results, capital plans, dividends, and share buybacks subject to supervisory approval and market conditions.