optiejunky schreef op 6 mei 2022 08:22:
De Rusland exposure komt wel als een flinke boks in de maagstreek, afgezien van dat Prima cijfers, maar we zullen hier op afgerekend worden:
in addition, the company had said it had 5.3 billion euros in loans to Russian borrowers, representing about 0.9% of its total group loan book.
In an update on Friday, the company said it had earmarked 2.5 billion euros in capital in all "to cover for expected and unexpected losses on our Russia-related exposure."
"This consists of the aforementioned 0.8 billion euros of loan loss provisions and €1.7 billion of (capital put aside) on 13.3 billion euros of total credit risk weighted assets on Russia-related exposure."
Outside the Russian impact, the company's results were lacklustre, with income down 2.2% at 4.6 billion euros, mostly due to less money from the European Central Bank's long-term lending programme, where ING borrows at a negative rate.