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21 November 2013 | Banking, Strategy

“Important player in the Netherlands plc – and beyond”

On 21 November, Ralph Hamers, CEO of ING Group, took part in the round table discussion “Government view of the Dutch Banking Sector”. Read what he had to say here.

19 November 2013 | Sustainability

ING supports disaster relief efforts in the Philippines

Typhoon Haiyan, one of the strongest storms ever to reach land, has brought terrible destruction to the Philippines.

18 November 2013 | Press release

ING agrees to sell 11.3% direct stake in SulAmérica to Swiss Re

ING announced today that it has reached an agreement with Swiss Re Group on the sale of an 11.3% direct stake in Sul América S.A., further reducing its stake in the Brazilian insurer.

15 November 2013 | Press release

ING successfully completes exchange offers

On 6 November 2013 ING Bank announced the launch of seven separate exchange offers, offering bondholders an opportunity to exchange seven series of subordinated debt into CRD-IV eligible Tier 2 securities. The offers, with a total nominal value of approximately EUR 4.7 billion at current exchange rates, enable ING Bank to proactively optimise the Bank’s capital structure in anticipation of the upcoming CRD-IV implementation.

14 November 2013 | Economics

Dutch Current Account Surplus to Hit a Record €65bn in 2014

The Netherlands’ continuing success in exporting faces a number of challenges. This was the theme of a presentation entitled “Dutch Exports: Sustaining Success” ING Group Chief Economist Mark Cliffe delivered to the National Export Event on 14 November.

12 November 2013 | Banking

ING wins the 2013 Customer Data Award

ING recently received the 2013 Customer Data Award. The revolutionary way in which ING has structured its customer data at the operational and strategic levels was the decisive factor for the professional jury.

7 November 2013 | Sustainability

ING will take the results of the Eerlijke Bankwijzer survey into consideration in its sustainability policy where possible

Today, 7 November, the media drew attention to a survey on Transparency and Accountability by the Fair Bank Guide (Eerlijke Bankwijzer – an initiative of Amnesty NL, Oxfam Novib, the FNV trade union body and the Dierenbescherming animal rights organisation). The Fair Bank Guide sets out the policy of Dutch banks as its backers would like to see it.

6 November 2013 | Press release

ING announces liability management actions

ING Bank announced today a number of liability management actions. ING will offer bondholders an opportunity to exchange seven series of subordinated debt into CRD-IV eligible Tier 2 securities. This enables ING to proactively optimise the Bank’s capital structure in anticipation of the upcoming CRD-IV implementation. In addition ING Bank will call USD 2 billion of hybrid Tier 1 securities which will lower its funding costs. The European Commission has authorized the transactions.

6 November 2013 | Banking, Strategy

ING reports a solid third quarter; watch video about quarterly results with CEO Ralph Hamers

ING Group posted a third-quarter underlying net profit of EUR 891 million, driven by solid performance at both ING Bank and Insurance EurAsia.