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Related parties (Tables)
12 Months Ended
Dec. 31, 2023
Related party transactions [abstract]  
Transaction with ING Group's main associates and joint ventures
Transactions with ING Group’s main associates and joint ventures
Associates
Joint ventures
in EUR million
2023
2022
2023
2022
Assets
121
121
0
0
Liabilities
424
309
1
1
Off-balance sheet commitments
20
28
0
0
Income received
10
12
0
0
Expenses paid
3
0
0
0
Summary of information about key management personnel
Key management personnel compensation (Executive Board and Management Board Banking)
2023
in EUR thousands
Executive Board
of ING Groep N.V.
Management
Board Banking 1
Total
Fixed Compensation
–  Base salary
4,220
4,200
8,420
–  Collective fixed allowances 2
1,002
887
1,889
–  Pension costs
78
107
185
–  Severance benefits
734
734
Variable compensation
–  Upfront cash
598
598
–  Upfront shares
293
598
891
–  Deferred cash
897
897
–  Deferred shares
439
897
1,336
–  Other emoluments 3
344
487
832
Total compensation
6,376
9,405
15,782
1Excluding members of the Management Board Banking that are also members of the Executive Board of ING Groep N.V.
2The collective fixed allowances consist of two savings allowances applicable to employees in the Netherlands;  an individual savings
allowance of 3.5% and a collective savings allowance to compensate for loss of pension benefits with respect to salary in excess of
EUR 128,810.
3This includes expatriate allowances (such as housing, school/tuition fees and international health insurances, if applicable); banking
and insurance benefits from ING (on the same terms as for other employees of ING in the Netherlands); tax and financial planning
services to ensure compliance with the relevant legislative requirements; reimbursement of costs under the Directors & Officers
indemnity provided by ING; the use of a company car or driver service.
Key management personnel compensation (Executive Board and Management Board Banking)
2022
in EUR thousands
Executive Board
of ING Groep N.V.
Management
Board Banking 1
Total
Fixed Compensation
–  Base salary
4,220
4,969
9,189
–  Collective fixed allowances 2
1,011
1,073
2,084
–  Pension costs
70
116
186
–  Severance benefits
932
932
Variable compensation
–  Upfront cash
803
803
–  Upfront shares
268
803
1,071
–  Deferred cash
1,204
1,204
–  Deferred shares
401
1,204
1,605
–  Other emoluments 3
296
638
934
Total compensation
6,266
11,742
18,008
1Excluding members of the Management Board Banking that are also members of the Executive Board of ING Groep N.V.
2The collective fixed allowances consist of two savings allowances applicable to employees in the Netherlands; an individual savings
allowance of 3.5% and a collective savings allowance to compensate for loss of pension benefits with respect to salary in excess of
EUR 114,866.
3This includes amongst others: housing, school/tuition fees, international health insurance, relocation costs and tax and financial
planning.
Summary of key management personnel compensation of supervisory board
Key management personnel compensation (Supervisory Board)
in EUR thousands
2023
2022
Total compensation
1,152
1,048
Disclosure of shares and stock options to key management
Number of ING Groep N.V. shares to key management personnel
ING Groep N.V. shares
in numbers
2023
2022
Executive Board members
128,241
108,217
Management Board Banking
262,507
294,574
Supervisory Board members
5,295
5,295
Total number of shares
396,043
408,086