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     237  0 Kommentare ING reports outcome of 2020 EU-wide Transparency Exercise

    ING reports outcome of 2020 EU-wide Transparency Exercise

    ING 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 Exercise

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    The 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 editors

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    ING PROFILE

    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 55,000 employees offer retail and wholesale banking services to customers in over 40 countries.

    ING Group shares are listed on the exchanges of Amsterdam (INGA NA, INGA.AS), Brussels and on the New York Stock Exchange (ADRs: ING US, ING.N).

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    ING reports outcome of 2020 EU-wide Transparency Exercise ING reports outcome of 2020 EU-wide Transparency Exercise ING 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 …

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