Company: INGVF
Filing Date: 2025-03-06
Form Type: 20-F
Source: 0001628280-25-010764
Chunk: 0

Company: ING GROEP NV
Filing Date: 2025-03-06
Form: 20-F
Item: Item 3
Chunk 0
---
Item 3.    Key Information
A. [Reserved]
B. Capitalization and indebtedness 
This item does not apply to annual reports on Form 20-F.

C. Reasons for the offer and use of proceeds 
This item does not apply to annual reports on Form 20-F.
D. Risk Factors
Summary of Risk factors
The following is a summary of the principal risk factors that could have a material adverse effect on the reputation, business activities, financial condition, results and prospects of ING. Please carefully consider all of the information discussed in this section “Risk Factors” for a detailed description of these risks.
Risks related to financial conditions, market environment and general economic trends
•Our revenues and earnings are affected by the volatility and strength of the economic, business, liquidity, funding and capital markets environments of the various geographic regions in which we conduct business, as well as by changes in customer behaviour in these regions, and an adverse change in any one region could have an impact on our business, results and financial condition. 
•Inflation and deflation scenarios, as well as interest rate volatility and changes may adversely affect our business, results and financial condition.
•The default of a major market participant could disrupt the markets and may have an adverse effect on our business, results and financial condition.
•Continued risk of political instability and fiscal uncertainty around the globe, as well as ongoing volatility in the financial markets and the economy generally have adversely affected, and may continue to adversely affect, our business, results and financial condition.
•Market conditions, including those observed over the past few years, may increase the risk of loans being impaired and have a negative effect on our results and financial condition.
•Discontinuation of interest rate benchmarks may negatively affect our business, results and financial condition.
•We may incur losses due to failures of banks falling under the scope of resolution funding or deposit schemes.
Risks related to the regulation and supervision of the Group
•Non-compliance with laws and/or regulations could result in fines and other liabilities, penalties or consequences for us, which could materially affect our business and reputation and reduce our profitability.
•Changes in laws and/or regulations governing financial services or financial institutions or the application of such laws and/or regulations may increase our operating costs and limit our business activities.

ING Group Annual Report 2024 on Form 20-F 

Contents       Part I         Part II        Part III       Additional information        Financial statements    
•We are subject to additional legal and regulatory risk in certain countries with less developed or