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Principal subsidiaries, investments in associates and joint ventures (Tables)
12 Months Ended
Dec. 31, 2024
Investments in subsidiaries, joint ventures and associates reported in separate financial statements [abstract]  
Summary of principal subsidiaries, investments in associates and joint ventures
The principal subsidiaries, investments in associates and joint ventures of ING Groep N.V. and their statutory place of incorporation or primary place of business are as follows:
Principal subsidiaries, investments in associates and joint ventures
Proportion of ownership and interest held by the group
20242023
SubsidiaryStatutory place of IncorporationCountry of operation
ING Bank N.V.Amsterdamthe Netherlands100 %100 %
Bank Mendes Gans N.V.3
Amsterdamthe Netherlands100 %
ING Belgium S.A./N.V.BrusselsBelgium100 %100 %
ING Luxembourg S.A.Luxembourg CityLuxembourg100 %100 %
ING-DiBa AGFrankfurt am MainGermany100 %100 %
ING Bank Slaski S.A.1
KatowicePoland75 %75 %
ING Financial Holdings CorporationDelawareUnited States of America100 %100 %
ING Bank A.S.IstanbulTürkiye100 %100 %
ING Bank (Australia) LtdSydneyAustralia100 %100 %
ING Commercial Finance B.V.Amsterdamthe Netherlands100 %100 %
ING Groenbank N.V.3
Amsterdamthe Netherlands100 %
Investments in associates and joint ventures
TMBThanachart Bank Public Company Ltd2
BangkokThailand23 %23 %
1The shares of the non-controlling interest stake of 25% are listed on the Warsaw Stock Exchange, for summarised financial information we refer to Note 31 'Information on geographical areas'.
2Reference is made to Note 8 'Investment in associates and joint ventures'.
3In 2024, Bank Mendes Gans N.V. and ING Groenbank N.V merged with ING Bank N.V.