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    Kirishanthan Vijayarajah • HSBC

    Kirishanthan Vijayarajah's questions to ING Groep NV (ING) leadership

    Kirishanthan Vijayarajah's questions to ING Groep NV (ING) leadership • Q1 2025

    Question

    Kirishanthan Vijayarajah of HSBC requested more color on the drivers of the 24% growth in insurance fees, including geographies and products. He also asked whether the recent strength in retail brokerage activity is sustainable or a temporary phenomenon.

    Answer

    CEO Steven van Rijswijk attributed the insurance fee growth to a multi-year strategic effort across all retail markets. On brokerage, he noted that while Q1 was strong, significant upside remains as most customers do not yet trade with ING, and the bank is confident in its ability to continue growing this business.

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    Kirishanthan Vijayarajah's questions to Credit Agricole SA (CRARY) leadership

    Kirishanthan Vijayarajah's questions to Credit Agricole SA (CRARY) leadership • Q4 2024

    Question

    Kirishanthan Vijayarajah questioned the rationale for not introducing an interim dividend, especially after a peer announced one. He also asked a technical question about the hedging of non-euro-denominated RWAs in the CIB division.

    Answer

    Executive Jerome Grivet responded that the bank is not philosophically opposed to an interim dividend but considers it a technicality that doesn't create value, and will observe competitors' actions. Regarding RWAs, he clarified that the bank does not hedge RWAs directly but rather hedges the solvency ratio by matching the currency denomination of capital components with asset proportions.

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