▪ Lending growth in line ▪ Full-year impact from accounting asymmetry assumed to be stable ▪ 2024 NII to end up at the upper end of the range 9 Continued strong liability NII in a lower rate environment Interest rates expected to moderate Implied interest rates, end-of-period, in bps | --- | --- | --- | --- | |---------------------------------------------------------------------|-------|-------|-------| | | | | | | | | | | | Strong commercial performance led to an excellent start of the year | | | | | | | | ...

ING Groep (ING) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change. Individual investors often find it hard to make decisions based on rating upgrades by Wall Street analysts, since these are mostly driven by subjective factors that are hard to see and measure in real time. In these situations, the Zacks rating system comes in handy be ...

2000 Portifica C -2 De 3 CHILDERS LOLA T 5 HE 2 = 10.00 ati 197 2000 Portifica G 2 k 23 CHILD PERSONAL OR D K HE 2 = N - 3 3 8 5 (e 2 11 Share Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations. Ernest began working in market news in 2007, establishing the broadcast division of CEP News in Montreal, Canada, where he developed the fastest web-based audio news service ...

Steven van Rijswijk - CEO Tanate Phutrakul - CFO Ljiljana Cortan - CRO Tarik El Mejjad - Bank of America Merrill Lynch Giulia Miotto - Morgan Stanley Samuel Moran-Smyth - Barclays Benoit Petrarque - Kepler Cheuvreux Benjamin Goy - Deutsche Bank Farquhar Murray - Autonomous Research Kirishanthan Vijayarajah - HSBC Guillaume Tiberghien - Exane BNP Paribas Johan Ekblom - UBS Anke Reingen - RBC Capital Markets Hugh Moorhead - Berenberg Michael Harrison - Redburn In today's presentation, IÂ'll inform you about t ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXC ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended 31 December 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHAN ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCH ACT OF 1934 Commissio ...

Annual General Meeting (AGM) and Governance - ING will hold its 2024 Annual General Meeting (AGM) on Monday, 22 April 2024, with proposals to reappoint Juan Colombás, Herman Hulst, and Harold Naus to the Supervisory Board for a second four-year term[2][3] - Deloitte Accountants BV is proposed to be appointed as the external auditor starting 1 January 2026, replacing KPMG Accountants NV, which will complete its maximum 10-year term at the end of 2025[4] - The AGM will be accessible both in person at Muziekgebouw aan 't IJ in Amsterdam and remotely via the 'Evote by ING' platform[6] Financial Reporting and Compliance - ING's 2023 Annual Report, including Annual Accounts and reports from the Executive and Supervisory Boards, was published on 7 March 2024 and is available in the AGM proxy materials[5] - ING's financial information is prepared in accordance with IFRS-EU, with all figures in the document being unaudited and subject to rounding differences[11] ESG and Sustainability - ING's ESG rating by MSCI was affirmed 'AA' in July 2023, and Sustainalytics rated its ESG material risk management as 'strong' as of December 2023[9] - ING's sustainability efforts are reflected in its inclusion in major ESG index products by Euronext, STOXX, Morningstar, and FTSE Russell[9] Business Operations and Market Presence - ING operates in over 40 countries with more than 60,000 employees, offering retail and wholesale banking services[7] - ING Group shares are listed on the Amsterdam (INGA NA, INGA.AS), Brussels, and New York Stock Exchange (ADRs: ING US, ING.N)[8] Risk Management - ING faces risks related to geopolitical instability, regulatory changes, cyberattacks, and climate change, as detailed in its most recent annual report[12]

Exhibit 99.1 Amsterdam. 2 Novem ING posts 3Q2023 net result of €1,982 million, driven by strong income in both Retail and Wholesale Banking Profit before tax increases significantly year-on-year to €2,866 million; CET1 ratio rises to 15.2% · Strong performance in both Retail and Wholesale Banking and 4-auarter rolling RoE improves to 13.8% CEO statement "ING recorded another strong set of results in the third quarter of 2023, with net result more than doubling on the prior year", said Steven van Rijswijk, C ...

Second quarter 2023 results do your thing | --- | |--------------------------| | | | mobile-only customers 1) | | 60% | | versus 57% in 1Q2023 | 23% year-on-year 1) Retail customers who used the mobile channel at least once in the last quarter 2) Volume mobilised for WB clients; includes loan products, capital markets, derivatives and advisory propositions that support clients by financing their sustainable activities and in the transition to a more sustainable business model. In case of an ESG lead role th ...

Financial Data and Key Metrics Changes - The company reported a total income growth of 23% year-on-year, primarily driven by higher interest income on liabilities [24][32] - The four-quarter rolling average return on equity increased to 11.7%, with a CET1 ratio of 14.9% [24][50] - The net interest margin for the quarter decreased by 3 basis points to 156 basis points, driven by an increase in the total balance sheet [42] Business Line Data and Key Metrics Changes - In Wholesale Banking, total income reached €47 billion in the first half of 2023, a growth of 17% compared to the same period in 2022 [23] - Retail mortgages continued to grow, particularly in Australia, the Netherlands, and Germany, despite a significant drop in mortgage transactions in those markets [43] - Fee income from Wholesale Banking increased due to higher deal flow, while Retail Banking saw stable fee income despite lower investment product fees [45] Market Data and Key Metrics Changes - The company experienced a significant inflow of deposits in Germany, amounting to €16 billion, with two-thirds coming from existing customers [44][113] - The overall loan demand is expected to remain subdued due to heightened macroeconomic uncertainty [43] Company Strategy and Development Direction - The company aims to enhance customer experience and has increased the straight-through processing of retail customer journeys to 69%, targeting over 75% by 2025 [26][27] - Sustainability is a key strategic pillar, with initiatives to support clients in transitioning to sustainable business models [28] - The company plans to maintain a strong capital position while aiming for a CET1 ratio target of 12.5% by 2025 [36][98] Management's Comments on Operating Environment and Future Outlook - Management remains vigilant regarding the economic environment, particularly concerning inflation and interest rates, while expressing confidence in the quality of the loan book [38][73] - The company expects continued tailwinds from higher interest rates, with a focus on prudent lending practices [32][116] Other Important Information - The Dutch Central Bank reduced the systematic risk buffer requirement for the company from 2.5% to 2%, leading to a decrease in the fully loaded SREP requirement [37] - The company will pay an interim cash dividend of €0.35 per share on August 14, 2023, bringing total year-to-date distributions to around €4.5 billion [24][58] Q&A Session Summary Question: On net interest income sustainability - Management indicated that the reallocation of Treasury positions to other income can be volatile, and while NII is expected to remain strong, it may decline slightly in Q3 [61][63] Question: Cost of risk guidance for the second half of the year - Management refrained from providing specific guidance but noted that the quality of the portfolio has proven resilient [64][66] Question: Timing of NII peak given expected ECB rate changes - Management acknowledged the uncertainty but emphasized the importance of customer deposits and competitive dynamics in various markets [70][72] Question: Deposit campaign in Germany - The campaign aimed to increase customer numbers, with a goal of reaching 10 million customers by the end of 2025 [113][114] Question: Growth of the replication portfolio - The growth in the replication portfolio is driven by customer activities and market conditions, with expectations for continued growth as deposit demand remains strong [121][135]

Exhibit 99.1 NG Corporate Communicatio nsterdam. 3 August 2023 ING posts 2Q2023 net result of €2,155 million with strong income growth and low risk costs Profit before tax increases significantly to €3,035 million in 2Q2023; CET1 ratio rises to 14.9% CEO statement "The second quarter of 2023 was characterised by ongoing challenges, as economic sentiment weakened, geopolitical uncertainties persisted and inflation remained elevated - albeit less pronounced than in previous guarters," said Steven van Riiswilk ...