v3.26.1
Risk management - Schedule of exposure and impairment losses by stage (Details)
€ in Millions
Dec. 31, 2025
EUR (€)
tranches
Dec. 31, 2024
EUR (€)
Dec. 31, 2023
EUR (€)
Dec. 31, 2022
EUR (€)
Exposure and impairment losses        
Number of tranches | tranches 4      
Maximum exposure to credit risk € 888,496 € 908,963 € 914,491  
Financial assets (300,026) (283,497) (243,203)  
Accumulated impairment        
Exposure and impairment losses        
Financial assets 520 349 286  
Accumulated impairment | Financial assets at amortised cost and financial assets at fair value through other comprehensive income        
Exposure and impairment losses        
Financial assets 21,158 22,125 22,788 € 22,684
Accumulated impairment | Financial assets at amortised cost and financial assets at fair value through other comprehensive income | Loans and advances, customers including provisions for undrawn authorized        
Exposure and impairment losses        
Financial assets 20,942 20,635 21,750  
Financial instruments not credit-impaired | Accumulated impairment | Financial assets at amortised cost and financial assets at fair value through other comprehensive income        
Exposure and impairment losses        
Financial assets 7,631 8,037 8,550  
Financial instruments credit-impaired | Accumulated impairment | Financial assets at amortised cost and financial assets at fair value through other comprehensive income        
Exposure and impairment losses        
Financial assets 13,527 14,088 14,238  
Stage 1 | Financial instruments not credit-impaired        
Exposure and impairment losses        
Maximum exposure to credit risk 779,109 800,360 807,228  
Stage 1 | Financial instruments not credit-impaired | Accumulated impairment | Financial assets at amortised cost and financial assets at fair value through other comprehensive income | Loans and advances, customers including provisions for undrawn authorized        
Exposure and impairment losses        
Financial assets 3,068 3,184 3,463  
Stage 2 and 3 | Financial instruments not credit-impaired        
Exposure and impairment losses        
Maximum exposure to credit risk 78,112 77,330 74,808  
Stage 2 and 3 | Financial instruments not credit-impaired | Accumulated impairment | Financial assets at amortised cost and financial assets at fair value through other comprehensive income | Loans and advances, customers including provisions for undrawn authorized        
Exposure and impairment losses        
Financial assets 4,698 4,512 4,883  
Stage 2 and 3 | Financial instruments credit-impaired        
Exposure and impairment losses        
Maximum exposure to credit risk 31,275 31,273 32,455  
Stage 2 and 3 | Financial instruments credit-impaired | Accumulated impairment | Financial assets at amortised cost and financial assets at fair value through other comprehensive income | Loans and advances, customers including provisions for undrawn authorized        
Exposure and impairment losses        
Financial assets 13,177 12,938 13,404  
From AAA to AA-        
Exposure and impairment losses        
Maximum exposure to credit risk 115,038 104,958 143,029  
From AAA to AA- | Stage 1 | Financial instruments not credit-impaired        
Exposure and impairment losses        
Maximum exposure to credit risk 112,795 102,394 140,792  
From AAA to AA- | Stage 2 and 3 | Financial instruments not credit-impaired        
Exposure and impairment losses        
Maximum exposure to credit risk 2,243 2,564 2,237  
From AAA to AA- | Stage 2 and 3 | Financial instruments credit-impaired        
Exposure and impairment losses        
Maximum exposure to credit risk 0 0 0  
From A+ to BB        
Exposure and impairment losses        
Maximum exposure to credit risk 381,579 426,837 417,930  
From A+ to BB | Stage 1 | Financial instruments not credit-impaired        
Exposure and impairment losses        
Maximum exposure to credit risk 367,186 411,158 404,184  
From A+ to BB | Stage 2 and 3 | Financial instruments not credit-impaired        
Exposure and impairment losses        
Maximum exposure to credit risk 14,393 15,678 13,746  
From A+ to BB | Stage 2 and 3 | Financial instruments credit-impaired        
Exposure and impairment losses        
Maximum exposure to credit risk 0 0 0  
From BB- to B-        
Exposure and impairment losses        
Maximum exposure to credit risk 335,376 318,878 290,599  
From BB- to B- | Stage 1 | Financial instruments not credit-impaired        
Exposure and impairment losses        
Maximum exposure to credit risk 291,014 276,422 250,619  
From BB- to B- | Stage 2 and 3 | Financial instruments not credit-impaired        
Exposure and impairment losses        
Maximum exposure to credit risk 44,363 42,456 39,979  
From BB- to B- | Stage 2 and 3 | Financial instruments credit-impaired        
Exposure and impairment losses        
Maximum exposure to credit risk 0 0 0  
CCC and below        
Exposure and impairment losses        
Maximum exposure to credit risk 56,503 58,291 62,933  
CCC and below | Stage 1 | Financial instruments not credit-impaired        
Exposure and impairment losses        
Maximum exposure to credit risk 8,114 10,385 11,633  
CCC and below | Stage 2 and 3 | Financial instruments not credit-impaired        
Exposure and impairment losses        
Maximum exposure to credit risk 17,114 16,633 18,846  
CCC and below | Stage 2 and 3 | Financial instruments credit-impaired        
Exposure and impairment losses        
Maximum exposure to credit risk € 31,275 € 31,273 € 32,455