v3.25.4
Offsetting financial assets and liabilities
 12 Months Ended
Dec. 31, 2025
Disclosure of offsetting of financial assets [abstract]  
Offsetting financial assets and liabilities 40  Offsetting financial assets and liabilities
The following tables include information about rights to offset and the related arrangements. The amounts
included consist of all recognised financial instruments that are presented net in the statement of financial
position under the IFRS netting criteria (legal right to offset and intention to settle net or to realise the asset and
settle the liability simultaneously) and amounts presented gross in the statement of financial position but subject
to enforceable master netting arrangements or similar arrangements.
At ING Group, amounts that are offset mainly relate to derivatives transactions, sale and repurchase agreements,
securities lending agreements and cash pooling arrangements. A significant portion of offsetting is applied to OTC
derivatives which are cleared through central clearing parties.
Related amounts not offset in the statement of financial position include transactions where:
§The counterparty has an offsetting exposure and a master netting or similar arrangement is in place with a
right to offset only in the event of default, insolvency or bankruptcy, or the offsetting criteria are otherwise not
satisfied; and
§In the case of derivatives and securities lending or sale and repurchase agreements, cash and non-cash
collateral has been received or pledged to cover net exposure in the event of a default or other predetermined
events. The effect of Over-collateralization is excluded.
The net amounts resulting after offsetting are not intended to represent ING’s actual exposure to counterparty
risk, as risk management employs a number of credit risk mitigation strategies in addition to netting and collateral
arrangements. Reference is made to the Risk Management Credit risk section ‘Credit risk mitigation'.
Financial assets subject to offsetting, enforceable master netting arrangements and similar agreements
in EUR million
2025
Gross amounts of
recognised financial
assets
Gross amounts of
recognised financial
liabilities offset in
the statement of
financial position
Net amounts of
financial assets
presented in the
statement of
financial position
Related amounts not offset in the
statement of financial position
Net amount
Amounts not
subject to
enforceable netting
arrangements
Statement of
financial position
total ¹
Financial
instruments
Cash and financial
instruments
received as
collateral
Statement of financial position
line item
Financial instrument
Loans and advances to banks 2
Reverse repurchase, securities 
borrowing and similar agreements
4,964
-77
4,886
4,859
27
1,949
6,836
4,964
-77
4,886
4,859
27
1,949
6,836
Financial assets at fair value
through profit or loss
Trading and Non-trading
Reverse repurchase, securities
borrowing and similar agreements
102,179
-48,514
53,665
26
53,507
132
16,378
70,044
Derivatives 3
81,453
-59,208
22,245
10,755
3,068
8,421
3,758
26,003
183,632
-107,722
75,910
10,782
56,575
8,553
20,136
96,047
Loans and advances to
customers 4
Reverse repurchase, securities
borrowing and similar agreements
3,247
-32
3,215
3,205
9
652
3,866
Cash pools
211,791
-209,568
2,222
37
1,847
338
2,222
215,038
-209,601
5,437
37
5,052
347
652
6,089
Other items where offsetting is
applied in the statement of
financial position 5
742
-657
85
45
39
85
Total financial assets
404,375
-318,057
86,318
10,864
66,487
8,967
22,738
109,056
1‘The statement of financial position total’ is the sum of ‘Net amounts of financial assets presented in the statement of financial position’ and ’Amounts not subject to enforceable master netting arrangements’.
2At 31 December 2025, the total amount of ‘Loans and advances to banks’ excluding repurchase agreements is EUR 14,368 million which is not subject to offsetting.
3Derivative assets and derivative liabilities include certain exchange traded future and option positions with the same underlying.
4At 31 December 2025, the total amount of ‘Loans and advances to customers’ excluding repurchase agreements is EUR 723,867 million of which the net cash pool position of EUR 2,222 million is subject to offsetting.
5Other items include amounts to be settled with Central Clearing Counterparties regarding derivatives transactions and is included in ‘Other Assets – Amounts to be settled’ for EUR 4,076 million in the statement of financial position, of which EUR 85 million is subject to offsetting as at 31 December 2025.
Financial assets subject to offsetting, enforceable master netting arrangements and similar agreements
in EUR million
2024
Gross amounts of
recognised financial
assets
Gross amounts of
recognised financial
liabilities offset in
the statement of
financial position
Net amounts of
financial assets
presented in the
statement of
financial position
Related amounts not offset in the
statement of financial position
Net amount
Amounts not
subject to
enforceable netting
arrangements
Statement of
financial position
total ¹
Financial
instruments
Cash and financial
instruments
received as
collateral
Statement of financial position
line item
Financial instrument
Loans and advances to banks 2
Reverse repurchase, securities
borrowing and similar agreements
3,752
-31
3,721
3,683
38
7,057
10,777
Other
3,752
-31
3,721
3,683
38
7,057
10,777
Financial assets at fair value
through profit or loss
Trading and Non-trading
Reverse repurchase, securities
borrowing and similar agreements
98,679
-49,365
49,315
219
48,676
420
16,112
65,426
Derivatives
93,034
-66,877
26,157
17,598
3,643
4,916
6,111
32,268
191,713
-116,241
75,472
17,818
52,319
5,336
22,222
97,694
Loans and advances to
customers 3
Reverse repurchase, securities
borrowing and similar agreements
4,444
-1,216
3,228
3,191
37
243
3,471
Cash pools
237,248
-234,838
2,410
65
1,730
615
2,410
241,691
-236,053
5,638
65
4,921
652
243
5,881
Other items where offsetting is
applied in the statement of
financial position 4
6,666
-6,284
382
79
303
382
Total financial assets
443,822
-358,609
85,213
17,962
60,922
6,329
29,522
114,735
1‘The statement of financial position total’ is the sum of ‘Net amounts of financial assets presented in the statement of financial position’ and ’Amounts not subject to enforceable master netting arrangements’.
2At 31 December 2024, the total amount of ‘Loans and advances to banks’ excluding repurchase agreements is EUR 10,992 million which is not subject to offsetting.
3Derivative assets and derivative liabilities include certain exchange traded future and option positions with the same underlying.
4At 31 December 2024, the total amount of ‘Loans and advances to customers’ excluding repurchase agreements is EUR 683,611 million of which the net cash pool position of EUR 2,410 million is subject to offsetting.
5Other items include amounts to be settled with Central Clearing Counterparties regarding securities and derivatives transactions and is included in ‘Other Assets – Amounts to be settled’ for EUR 3,550 million in the statement of financial position, of which EUR 382 million is subject to offsetting as at 31 December
2024.
Financial liabilities subject to offsetting, enforceable master netting arrangements and similar agreements
in EUR million
2025
Gross amounts of
recognised financial
liabilities
Gross amounts of
recognised financial
assets offset in the
statement of
financial position
Net amounts of
financial liabilities
presented in the
statement of
financial position
Related amounts not offset in the
statement of financial position
Net amount
Amounts not
subject to
enforceable netting
arrangements
Statement of
financial position
total ¹
Financial
instruments
Cash and financial
instruments
pledged as
collateral
Statement of financial position
line item
Financial instrument
Deposits from banks 2
Repurchase, securities lending and
similar agreements
79
-77
1
1
329
330
Other
287
-287
366
-365
1
1
329
330
Customer deposits 4
Repurchase, securities lending and
similar agreements
32
-32
182
182
Cash pools
228,013
-209,568
18,445
8
18,437
18,445
228,045
-209,601
18,445
8
18,437
182
18,627
Financial liabilities at fair value
through profit or loss
Trading and Non-trading
Repurchase, securities lending and
similar agreements
84,997
-48,514
36,483
26
36,520
-63
9,760
46,243
Derivatives 3
71,427
-53,882
17,545
10,783
3,409
3,353
4,474
22,019
156,424
-102,395
54,028
10,809
39,929
3,291
14,234
68,262
Other items where offsetting is
applied in the statement of
financial position 5
5,742
-5,697
45
45
45
Total financial liabilities
390,577
-318,057
72,520
10,862
39,929
21,729
14,745
87,265
1‘The statement of financial position total’ is the sum of ‘Net amounts of financial liabilities presented in the statement of financial position’ and ’Amounts not subject to enforceable master netting arrangements’.
2At 31 December 2025, the total amount of ‘Deposits from banks’ excluding repurchase agreements is EUR 18,186 million of which EUR 0 million is subject to offsetting.
3Derivative assets and derivative liabilities include certain exchange traded future and option positions with the same underlying.
4At 31 December 2025, the total amount of ‘Customers deposits’ excluding repurchase agreements is EUR 721,191 million of which the net cash pool position of EUR 18,445 million is subject to offsetting.
5Other items include amounts to be settled with Central Clearing Counterparties regarding derivatives transactions and is included in ‘Other Liabilities – Amounts to be settled’ for EUR 4,188 million in the statement of financial position, of which EUR 45 million is subject to offsetting as at 31 December 2025.
Financial liabilities subject to offsetting, enforceable master netting arrangements and similar agreements
in EUR million
2024
Gross amounts of
recognised financial
liabilities
Gross amounts of
recognised financial
assets offset in the
statement of
financial position
Net amounts of
financial liabilities
presented in the
statement of
financial position
Related amounts not offset in the
statement of financial position
Net amount
Amounts not
subject to
enforceable netting
arrangements
Statement of
financial position
total ¹
Financial
instruments
Cash and financial
instruments
pledged as
collateral
Statement of financial position
line item
Financial instrument
Deposits from banks 2
Repurchase, securities lending and
similar agreements
64
-31
33
33
33
Other
62
-62
126
-93
33
33
33
Customer deposits 3
Repurchase, securities lending and
similar agreements
1,214
-1,214
1
Cash pools
251,655
-234,838
16,817
21
16,796
16,817
252,868
-236,052
16,817
21
16,796
1
16,818
Financial liabilities at fair value
through profit or loss
Trading and Non-trading
Repurchase, securities lending and
similar agreements
81,384
-49,365
32,019
219
31,669
130
11,671
43,689
Derivatives
89,386
-67,731
21,655
17,639
2,745
1,272
6,612
28,267
170,769
-117,095
53,674
17,859
34,414
1,402
18,283
71,956
Other items where offsetting is
applied in the statement of
financial position 4
5,609
-5,368
242
83
159
242
Total financial liabilities
429,373
-358,608
70,765
17,962
34,447
18,357
18,283
89,049
1‘The statement of financial position total’ is the sum of ‘Net amounts of financial liabilities presented in the statement of financial position’ and ’Amounts not subject to enforceable master netting arrangements’.
2At 31 December 2024, the total amount of ‘Deposits from banks’ excluding repurchase agreements is EUR 16,690 million of which EUR 0 million is subject to offsetting.
3Derivative assets and derivative liabilities include certain exchange traded future and option positions with the same underlying.
4At 31 December 2024, the total amount of ‘Customers deposits’ excluding repurchase agreements is EUR 691,661 million of which the net cash pool position of EUR 16,817 million is subject to offsetting.
5Other items include amounts to be settled with Central Clearing Counterparties regarding securities and derivatives transactions and is included in ‘Other Liabilities – Amounts to be settled’ for EUR 4,290 million in the statement of financial position of which EUR 242 million is subject to offsetting as at 31 December
2024.