Company: INGVF
Filing Date: 2025-07-31
Form Type: 6-K
Source: 0001628280-25-036812
Chunk: 33

Company: ING GROEP NV
Filing Date: 2025-07-31
Form: 6-K
Chunk 33
---
 a point in time reportable ECL excluding reporting adjustments is used as input, which slightly deviates from the total Model ECL as reported below:

| Reconciliation of reportable collective ECL to total ECL (*) |     |       |              |     |       |                  |
| in EUR million                                               |     |       | 30 June 2025 |     |       | 31 December 2024 |
| Total reportable collective provisions                       |     | 3,162 |              |     | 2,975 |                  |
| ECL from individually assessed impairments                   |     | 2,547 |              |     | 2,871 |                  |
| ECL from management adjustments                              |     |   236 |              |     |   203 |                  |
| Total ECL                                                    |     | 5,945 |              |     | 6,049 |                  |

Criteria for identifying a significant increase in credit risk (SICR) (*) All assets and off-balance-sheet items that are in scope of IFRS 9 impairment and which are subject to collective ECL assessment are allocated a 12-month ECL if deemed to belong in Stage 1, or a lifetime ECL if deemed to belong in Stages 2 or 3. An asset belongs in Stage 2 if it is considered to have experienced a significant increase in credit risk (SICR) since initial origination or purchase. The main determinant of SICR is a quantitative test, whereby the lifetime probability of default (PD) of an asset at each reporting date is compared against its lifetime PD determined at the date of initial recognition. If either a threshold for absolute change in lifetime PD or a threshold for relative change in lifetime PD is reached, the item is considered to have experienced a SICR (for more details on absolute and relative thresholds, see the following sections). Furthermore, any facility which shows an increase of 200 percent between the PD at the date of initial recognition and the lifetime PD at the reporting date (i.e. threefold increase in PD) must be classified as Stage 2. This is considered a backstop within the quantitative assessment of SICR. In Wholesale Banking, significant increase in lifetime PD is not considered plausible for assets of obligors with a credit rating at the reporting date in the top range of investment grade. As of 2024, the assets of these Wholesale Banking obligors are excluded from the assessment of significant increase in credit risk triggers. For these