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9 November 2012 | Press release

ING announces registration statement for ING U.S. IPO

ING announced today that ING U.S. Inc., its U.S.-based retirement, investment and insurance businesses, has filed a registration statement with the U.S. Securities and Exchange Commission (SEC) in connection with a proposed Initial Public Offering of ING U.S.’s common stock.

7 November 2012 | Banking, Strategy

ING reports on challenging third quarter

ING Group announced on 7 November that it had posted a third-quarter underlying net profit of EUR 719 million. ING Bank recorded a solid quarter, with underlying pre-tax results up both on the third quarter last year and the previous quarter. The underlying result before tax of ING Insurance declined on both quarters, primarily due to negative results on hedges to protect regulatory capital.

7 November 2012 | Press release, Financial

ING posts 3Q12 underlying net profit of EUR 719 million

“During the third quarter, ING continued to deliver on its restructuring plan amid a challenging operating environment. We announced the first three sales of our Asian Insurance/IM units, and Insurance US is making strides in its IPO preparations. At the same time, together with the Dutch State, we have made good progress in our constructive dialogue with the European Commission about revisions to the restructuring plan,” said Jan Hommen, CEO of ING Group.

7 November 2012 | Press release

ING announces change in Supervisory Board

ING announced today that Mr Sjoerd van Keulen will resign from the Supervisory Board of ING Group as of the 2013 Annual General Meeting (AGM) which is scheduled for 13 May 2013.

1 November 2012

ING sponsors first ever session of European Youth Parliament in the Netherlands

To underline our commitment to Europe, ING has decided to sponsor the 71th international session of the European Youth Parliament (EYP) that takes place from 2 to 11 November 2012.

19 October 2012 | Banking

Universal banks: cherish or fear?

As a major bank, ING is closely scrutinised and not seldom a topic of public debate. Lately, the structure of banks and the added value of universal banks are gaining attention.

19 October 2012 | Press release

ING to sell insurance units in Hong Kong, Macau, Thailand

ING announced today that it has reached an agreement to sell its life insurance, general insurance, pension and financial planning units in Hong Kong and Macau, and its life insurance operation in Thailand to Pacific Century Group (PCG) for a combined consideration of USD 2.14 billion (EUR 1.64 billion) in cash.

15 October 2012 | Press release

ING announces Management Board changes in Insurance/IM EurAsia

ING announced today the appointment of Delfin Rueda and Dorothee van Vredenburch as Members of the Management Board Insurance EurAsia (MBE) as of 1 November 2012.

12 October 2012 | Economics

Keeping the EMU will cost money

Keeping the monetary union (EMU) together will cost money. It is as much a political as an economic question, according to Mark Cliffe, chief economist of ING Group. He says that there are essentially three dimensions along which the monetary union could be saved: through reform, reflation and redistribution of money between the poor and the rich.

11 October 2012 | Press release

ING to sell insurance businesses in Malaysia to AIA

ING has reached an agreement with AIA Group Ltd. (AIA) on the sale of ING’s insurance operations in Malaysia, which include its life insurance business, its market-leading employee benefits business and its 60-percent stake in ING Public Takaful Ehsan Berhad. Under the terms agreed, ING is expected to receive a total consideration of approximately EUR 1.3 billion.

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