ING Private Banking
ING Private Banking is well positioned to capitalise on the global growth in personal wealth. ING Private Banking is growing rapidly. In 2007, growth came from all regions. Private Banking posted a 8.7% increase in underlying profit before tax to EUR 263 million. The increase was driven by strong growth in assets under management, especially in Asia.
ING Private Banking aims to grow rapidly its assets in the next five years. The objective is to become one of the top-20 players globally by increasing brand awareness, improving customer loyalty and promoting new innovative investments platforms.
For more information on Private Banking see the Retail Banking chapter.