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ING reports outcome of 2020 EU-wide Transparency Exercise

Written by Customer Service on . Posted in Public Companies.

ING reports outcome of 2020 EU-wide Transparency ExerciseING Groep N.V. notes the announcements made today by the European Banking Authority and the European Central Bank (ECB) regarding the information of the spring edition of the 2020 EU-wide Transparency Exercise and fulfilment of the EBA Board of Supervisors’ decision.Background 2020 EU-wide Transparency ExerciseThe EU-wide Transparency Exercise is performed  since 2016 on an annual basis and is published along with the Risk Assessment Report (RAR). The annual transparency exercise will be based solely on COREP/FINREP data on the form and scope to assure a sufficient and appropriate level of information to market participants.The outcome of the exercise related to ING Group can be found in the annexes of the EBA website.The templates were centrally filled in by the EBA and sent afterwards for verification by banks and supervisors. Banks had the chance to correct any errors detected and to resubmit correct data through the regular supervisory reporting channels.Note for editorsFor further information on ING, please visit www.ing.com. Frequent news updates can be found in the Newsroom or via the @ING_news Twitter feed. Photos of ING operations, buildings and its executives are available for download at Flickr. ING presentations are available at SlideShare.

   AttachmentING reports outcome of EU-wide Transparency Exercise 2020

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