ING Group 2017 SREP process completed
Amsterdam, 21 December 2017, 18:15 CET
ING Group has been notified of the European Central Bank (ECB) decision on the 2017 Supervisory Review and Evaluation Process (SREP), which will set the capital requirements for 2018. The common equity Tier 1 requirement for ING Group will be 10.4% in 2018.
On 30 September 2017, ING Group’s phased-in (transitional) common equity Tier 1 ratio as well as the fully-loaded common equity Tier 1 ratio were both at 14.5%, well in excess of the regulatory requirements.
Further information on our capital requirements and resolution plans can be found in the updated ING Group Credit Update presentation on the Fixed Income Section of our website.
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ING is a global financial institution with a strong European base, offering banking services through its operating company ING Bank. The purpose of ING Bank is empowering people to stay a step ahead in life and in business. ING Bank’s more than 51,000 employees offer retail and wholesale banking services to customers in over 40 countries.
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