Company: INGVF
Filing Date: 2025-07-31
Form Type: 6-K
Source: 0001628280-25-036812
Chunk: 15

Company: ING GROEP NV
Filing Date: 2025-07-31
Form: 6-K
Chunk 15
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, as increased deposit volumes offset the impact of normalising deposit margins. Other NII slightly declined. The first half of 2025 saw lower Treasury-related interest income, while the comparable period in 2024 had included a EUR -39 million impact from the Polish mortgage moratorium.

Net fee and commission income rose significantly to EUR 356 million, up 22% year-on-year. Fee income from investment products increased substantially, driven by net inflows and a higher number of trades. This was complemented by markedly higher fee income from daily banking and insurance, reflecting customer growth and successful cross-selling.

Operating expenses in the first half of 2025 amounted to EUR 1,436 million. This included EUR 136 million of regulatory costs, which remained flat year-on-year. The prior year had included EUR 35 million of legal provisions. Expenses excluding regulatory costs and these legal provisions rose 6.8%, mainly due to inflationary pressures and investments in future business growth.

The net addition to loan loss provisions was EUR 159 million, or 27 basis points of average customer lending, with additions mainly in Poland and Spain. Risk costs declined from EUR 176 million recorded in the prior-year period.

ING Group Condensed consolidated interim financial information on form 6-K for the six month period ended 30 June 2025 - Unaudited 11

| Contents |     | Interim Report |     | Risk management |     | Condensed consolidated interim financial statements |     | Notes to the Condensed consolidated interim financial statements |     | Additional notes to the Condensed consolidated interim financial statements |     | Other information |

Wholesale Banking

| Wholesale Banking                             |     |       |        |     |       |        |     |     |          |
| in EUR million                                |     |       | 6M2025 |     |       | 6M2024 |     |     | Growth % |
| Commercial net interest income                |     | 1,971 |        |     | 2,030 |        |     |  -3 | %        |
| Other net interest income                     |     |  -559 |        |     |  -293 |        |     |     |          |
| Net interest income                           |     | 1,412 |        |     | 1,737 |        |     | -19 | %        |
| Net fee and commission income                 |     |   696 |        |     |   676 |        |     |   3