ING Direct 2008 Annual Report Download - page 276

INTEREST RATE RISK IN THE BANKING BOOKS
Earnings at Risk
2008
By line of business
ING Wholesale Banking –132
ING Retail Banking –101
ING Direct 5
ING Bank Corporate Line 46
Total –182
By Currency
Euro –221
US Dollar 36
Pound Sterling 3
Other
Total –182
Net Present Value at Risk
2008
By line of business
ING Wholesale Banking –710
ING Retail Banking –100
ING Direct –232
ING Bank Corporate Line –1,388
Total –2,430
By Currency
Euro –2 ,140
US Dollar –238
Pound Sterling –41
Other –11
Total –2,430
The Earnings at Risk and the Net Present Value at Risk are based on a 1% instantaneous upward shock.
In the Risk Management section a detailed description is given on the interest rate risk in the Banking book. Contrary to Pillar 3, in the
Risk Management section several non-trading books are governed by the trading risk process. As a result the figures above differ from
the figures in the Risk Management section.
2.4 Additional information
Additional Pillar 3 information for ING Bank only (continued)
ING Group Annual Report 2008
274