Press releases

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11 February 2015 | Press release, Financial, Strategy

ING Bank posts 2014 underlying net profit of EUR 3,424 million; Dividends reinstated with EUR 0.12 per ordinary share

“2014 was an important and successful year for ING,” said Ralph Hamers, CEO of ING Group. “We launched our ‘Think Forward’ strategy, repaid the Dutch State ahead of schedule and moved closer to completing our restructuring plan. We are proud to have solidified our repositioning as a leading European bank and pleased to see that both NN Group and Voya are thriving as standalone companies. Today, I am delighted to announce the reinstatement of dividend payments on ordinary shares with a proposed cash dividend of EUR 0.12 per share.”

25 November 2014 | Press release

ING to take next step in digital banking in the Netherlands

In order to improve the customer experience and enhance operational excellence, ING will take measures to further expand digital banking, strengthen local advisory capabilities in the branch network and to make additional IT investments in its Dutch retail banking unit.

20 November 2014 | Press release

ING Vysya Bank to merge with Kotak Mahindra Bank

ING Vysya Bank (Vysya) and Kotak Mahindra Bank (Kotak) today announced their intention to merge their respective businesses.

13 November 2014 | Press release

ING sells 34.5 million Voya shares for total proceeds of USD 1.4 billion

ING Group today announced the pricing for the sale of 34.5 million shares of common stock of Voya Financial Inc. that was announced on 12 November 2014. ING Group has sold approximately 30 million Voya shares at a price of USD 39.15 per share in the public offering. In addition ING Group has sold to Voya approximately 4.5 million shares for an aggregate amount of USD 175 million.

12 November 2014 | Press release

ING to sell 34.5 million shares in Voya Financial

ING Group today agreed to sell shares of common stock of Voya Financial, Inc. in an underwritten public offering. In addition, ING Group has entered into a share repurchase agreement with Voya under which Voya will repurchase USD 175 million of its shares of common stock from ING Group.

7 November 2014 | Press release

ING pays final EUR 1.025 billion to Dutch State

Today ING has paid EUR 1.025 billion to the Dutch State, including EUR 683 million repayment of core Tier 1 securities and EUR 342 million in interest and premium. This payment, which was approved by the Dutch Central Bank and the European Central Bank, is the final repayment on the core Tier 1 securities.

5 November 2014 | Press release

ING Group to propose KPMG Accountants N.V. as its auditor

ING Group will propose to the 2015 Annual General Meeting of Shareholders the appointment of KPMG Accountants N.V. as its auditor. Under Dutch legislation, ING is required to change its auditor as of January 2016. The nomination of KPMG is the result of a thorough tender process overseen by the Audit Committee of the Supervisory Board, as reported in the 2013 Annual Report and in accordance with the ING Group Policy on Auditors Independence.

5 November 2014 | Press release, Financial, Strategy

ING Bank records 3Q14 underlying net profit of EUR 1,123 million

“Since launching our ‘Think Forward’ strategy seven months ago, we have been working harder than ever to deliver on our customer promises and strategic purpose of empowerment,” said Ralph Hamers, CEO of ING Group. “It is encouraging to see our efforts reflected so positively in our strong commercial and financial results for this quarter.”

5 November 2014 | Press release

ING to make final repayment to Dutch State on 7 November 2014

ING has notified the Dutch State that it intends to make the final repayment of EUR 1,025 million on the core Tier 1 securities on 7 November 2014 - half a year ahead of the repayment schedule as agreed with the European Commission in 2012.

26 October 2014 | Press release

ING comfortably passes AQR and stress test

ING Bank has comfortably passed the Asset Quality Review (AQR) and stress test which were part of the Comprehensive Assessment as conducted by the European Central Bank (ECB) and the European Banking Authority (EBA). The outcome reflects ING’s strong capital position and resilient balance sheet.