Business · Companies · 11 hrs ago
ING transfers €5 billion in project loan risks to PGGM
ING has transferred €5 billion in credit risk on projects in Europe and Asia to Dutch pension investor PGGM.
Credit risk is the possibility that borrowers will not repay their loans.
The risks relate to project financing, which can include loans for wind farms.
European banks are increasingly transferring some loan risks to outside investors, including pension funds.
The transfer is among the largest known in the Netherlands for project financing.
European rules for these transfers have been eased, helping the market grow.
EU politicians are discussing whether to ease the rules further, which could allow more such deals.
ING has transferred €5 billion in credit risk on European and Asian projects to pension investor PGGM.
The transfer is one of the largest known project-finance risk transfers in the Netherlands.
European rules for risk transfers have been eased, helping the market grow quickly.
EU politicians are discussing further easing of the rules.
ING’s loan portfolio includes financing for wind farms.
- Who
- ING transferred the risks to pension investor PGGM.
- What
- ING transferred €5 billion in credit risk on project loans.
- When
- Not stated.
- Where
- The projects are in Europe and Asia.
- Why
- Not stated.
This story does not have two clearly opposing sides.
This story does not have a timeline yet.
- Amount transferred
- €5 billion
- Recipient
- PGGM
- Project regions
- Europe and Asia
- Publication date
- 13 October 2026
- Notable context
- ING’s loan portfolio includes financing for wind farms.









