Company: INGVF
Filing Date: 2025-07-31
Form Type: 6-K
Source: 0001628280-25-036812
Chunk: 21

Company: ING GROEP NV
Filing Date: 2025-07-31
Form: 6-K
Chunk 21
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 tely €470 million (3 1 December 2024: €550 million), mainly with Central Bank liquidity facilities and other lending. A significant part is guaranteed by international parents or benefits from strong collateral.

#### Middle East tensions
Tensions in the Middle East remain elevated amid the ongoing conflict between Israel and Hamas. Despite the ceasefire implemented earlier this year, repeated violations and a worsening humanitarian crisis in Gaza have raised global concern. The risk of regional spillover threatens energy security and oil market stability, adding to broader geopolitical and financial uncertainty in the region.

#### Southeast Asia tensions
Tensions in Southeast Asia escalated amid increased Chinese military activity near Taiwan and the Philippines. In response, the United States have expanded its defence cooperation with regional allies, contributing to greater strategic competition in Asia-Pacific. These tensions risk disrupting trade routes, heightening compliance risks, and increasing financial uncertainty in the region.

ING Group Condensed consolidated interim financial information on form 6-K for the six month period ended 30 June 2025 - Unaudited 15

| 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 |

Credit risk Loan loss provisioning (*) ING recognises loss allowances based on the expected credit loss (ECL) model of IFRS 9, which is designed to be forward-looking. The IFRS 9 impairment requirements are applicable to on-balance-sheet financial assets measured at amortised cost or fair value through other comprehensive income (FVOCI), such as loans, debt securities and lease receivables, as well as off-balance-sheet items such as undrawn loan commitments, financial- and non-financial guarantees issued. ING distinguishes between two types of calculation methods for credit loss allowances: • Collective 12-month ECL (Stage 1) and collective lifetime ECL (Stage 2) for portfolios of financial instruments, as well as collective lifetime ECL for credit-impaired exposures (Stage 3) below €1 million; • Individual lifetime ECL for credit-impaired (Stage 3) financial instruments with exposures above €1 million. Climate and environmental risks in IFRS 9 models (*) Climate risk drivers (physical and transition risks) can reduce the ability of businesses and households to fulfil their obligations due on existing lending contracts. These may also lead to the depreciation/erosion of collateral values,