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ING Groep NV (ING Groep NV) Allowance For Loans And Lease Losses : $-6,162 Mil (As of Dec. 2023)


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What is ING Groep NV Allowance For Loans And Lease Losses?

ING Groep NV's Allowance For Loans And Lease Losses for the quarter that ended in Dec. 2023 was $-6,162 Mil.

ING Groep NV's quarterly Allowance For Loans And Lease Losses increased from Jun. 2023 ($-6,135 Mil) to Sep. 2023 ($-6,108 Mil) but then declined from Sep. 2023 ($-6,108 Mil) to Dec. 2023 ($-6,162 Mil).

ING Groep NV's annual Allowance For Loans And Lease Losses declined from Dec. 2021 ($-5,984 Mil) to Dec. 2022 ($-6,378 Mil) but then increased from Dec. 2022 ($-6,378 Mil) to Dec. 2023 ($-6,162 Mil).

ING Groep NV Allowance For Loans And Lease Losses Historical Data

The historical data trend for ING Groep NV's Allowance For Loans And Lease Losses can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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ING Groep NV Allowance For Loans And Lease Losses Chart

ING Groep NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Allowance For Loans And Lease Losses
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5,110.00 -7,058.39 -5,984.18 -6,378.18 -6,162.49

ING Groep NV Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Allowance For Loans And Lease Losses Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -6,378.18 -6,193.79 -6,135.43 -6,107.79 -6,162.49

ING Groep NV Allowance For Loans And Lease Losses Calculation

Allowance For Loans And Lease Losses is a contra account sets aside as an allowance for bad loans.

ING Groep NV Allowance For Loans And Lease Losses Related Terms

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ING Groep NV (ING Groep NV) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » ING Groep NV (NYSE:ING) » Definitions » Allowance For Loans And Lease Losses
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Traded in Other Exchanges
INGVF:USA INGA:Netherlands INGA:Italy 0A2K:UK INGAa:UK 0RIC:UK INN1:Germany INNA:Germany INN1:Germany INN1:Germany INNA:Germany INN1:Germany INGG34:Brazil INGA:Austria ING:Argentina
Address
Bijlmerdreef 106, Amsterdam, NLD, 1102 CT
Website
https://www.ing.com
The merger of the Dutch postal bank and NN Insurance in 1991 created ING. Through a series of further acquisitions ING build up a global footprint. The 2008 financial crisis forced ING to seek government support—a precondition of which was that ING should separate its banking and insurance activities, which saw ING revert to being solely a bank. ING has market-leading banking operations in the Netherlands and Belgium, and a range of digital banks across Europe and Australia. Its global wholesale banking operation is primarily focused on lending.