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ING Group gross profit for the twelve months ending June 30, 2023 was $4.484B, a 8.22% decline year-over-year. ING Group annual gross profit for 2022 was $32.049B, a 34.79% increase from 2021. ING Group annual gross profit for 2021 was $23.777B, a 19.21% increase from 2020.
Pillar 3 requires that appropriate internal controls over the production of disclosures be in place. Additionally, banks must have an independent validation process. This is a regulatory requirement in certain jurisdictions; hence appropriate independent skilled resources need to be on hand to fulfil this role.
INGs Additional Pillar III Report contains disclosures for regulatory capital requirements, credit risk, including counterparty credit risk, securitisations and other non-credit obligation assets (ONCOA), market risk, liquidity risk, non-financial risk and compliance risk.
ING - the Internationale Nederlanden Groep - was created in 1991 with the merger of Dutch insurer Nationale-Nederlanden and national postal bank NMB Postbank.
It consists of three main pillars: minimum capital requirements (Pillar 1), supervisory review (Pillar 2) and market discipline (Pillar 3). Pillar 3 of the Basel framework aims to promote market discipline through disclosure requirements for banks.

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Pillar 3 complements the minimum risk-based capital requirements and other quantitative requirements (Pillar 1) and the supervisory review process (Pillar 2) and aims to promote market discipline by providing meaningful regulatory information to investors and other interested parties on a consistent and comparable
ING posts 1Q2023 net result of 1,591 million with strong income growth and modest risk costs | ING.
Currently INGs SREP requirement is 10.98%. Our actual CET1 ratio per 31 March 2023 was 14.8%. We maintain our CET1 ratio target of around 12.5%.

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