v3.25.2
Financial assets at fair value through other comprehensive income
 6 Months Ended
Jun. 30, 2025
Financial assets at fair value through other comprehensive income [abstract]  
Financial assets at fair value through other comprehensive income
3 Financial assets at fair value through other comprehensive income
Financial assets at fair value through other comprehensive income by type
in EUR million30 June 202531 December 2024
Equity securities2,753  2,562  
Debt securities 1
45,618  42,219  
Loans and advances 1
1,475  1,608  
49,846  46,389  
1     Debt securities include an amount of EUR -15 million (31 December 2024: EUR -12 million) and the Loans and advances includes EUR -2 million (31 December 2024: EUR -7 million) of Loan loss provisions.
Exposure to equity securities
Equity securities at fair value through other comprehensive income
Carrying value
Carrying value 1
Dividend income
Dividend income 1
in EUR million30 June 202531 December 202430 June 202531 December 2024
Investment in Bank of Beijing2,238  2,241  39  101  
Investment in Van Lanschot Kempen232  51  12  2  
Other Investments283  270  5  16  
2,753  2,562  56  117  
1 Table has been updated to present the stake in Van Lanschot Kempen separately from other investments..


As at 30 June 2025 ING holds approximately 13% (31 December 2024: 13%) of the shares of Bank of Beijing, a bank listed on the stock exchange of Shanghai. The stake in Bank of Beijing is part of the Corporate Line. As per regulatory requirements set by the China Banking and Insurance Regulatory Commission, ING, as a shareholder holding more than 5% of the shares, is required to supply additional capital when necessary. No request for additional capital was received in the first six months of 2025 (2024: nil).
In March 2025 ING increased its ownership in Van Lanschot Kempen by acquiring an additional 7.2% stake, supplementing its total interest based on issued share capital from 2.7% to 9.9%. A further increase of the stake was also part of the transaction, but was subject to regulatory approval. Reference is made to Note 23 'Subsequent events '. The stake is part of the Corporate Line.











Changes in fair value through other comprehensive income
The following table presents changes in financial assets at fair value through other comprehensive income.
Changes in fair value through other comprehensive income financial assets
FVOCI equity securities
FVOCI debt instruments 1
Total
in EUR million30 June 202531 December 202430 June 202531 December 202430 June 202531 December 2024
Opening balance as at 1 January2,562  1,885  43,827  39,231  46,389  41,116  
Additions158  11  11,160  21,080  11,318  21,091  
Amortisation    36  77  36  77  
Transfers and reclassifications 8    -1  1  6  1  
Changes in unrealised revaluations 2
275  605  393  -96  668  509  
Impairments    -1  2  -1  2  
Reversals of impairments    1  -7  1  -7  
Disposals and redemptions-4  -1  -7,164  -16,906  -7,168  -16,907  
Exchange rate differences-226  62  -1,159  443  -1,385  506  
Other changes-19        -19    
Closing balance2,753  2,562  47,093  43,827  49,846  46,389  
1Fair value through other comprehensive income debt instruments includes both debt securities and loans and advances.
2Changes in unrealised revaluations of FVOCI debt instruments include changes on hedged items which are recognised in the statement of profit or loss. Reference is made to Note 11 'Equity' for details on the changes in revaluation reserve.


FVOCI equity securities
Exchange rate differences of EUR -226 million (31 December 2024: EUR 62 million ) are mainly related to the stake in Bank of Beijing following the depreciation of CNY versus EUR. In the first six months of 2025, changes in unrealised revaluations of equity securities are mainly related to a revaluation of the stake in Bank of Beijing of EUR 223 million (31 December 2024: EUR 590 million) following a change in the share price.