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1 February 2016 | Economics, Financial decision-making

“The more famous an expert is, the less accurate their forecasts are”

It’s human nature to want to predict the future. Unfortunately, most of us are terrible forecasters. Including professional pundits. Yet some people have a way-above-average ability to forecast future events.

25 January 2016

Europeans saving more, despite no pay rise

Europeans are making a conscious effort to boost their savings. The ING International Survey on Savings 2016, which surveyed almost 15,000 people across 15 countries, reveals one in five (19%) people in Europe grew their savings over the last 12 months, with the UK and Luxembourg having the largest share putting money away (30%).

25 January 2016

ING’s participation in the World Economic Forum in Davos

ING CEO Ralph Hamers and Vice-chairman Koos Timmermans attended the 2016 annual meeting of the World Economic Forum in Davos.

21 January 2016

Ralph Hamers talking about trends in banking sector at CNBC in Davos

This morning ING CEO Ralph Hamers was interviewed by CNBC live broadcasted from the World Economic Forum in Davos where he talks about the trends in the banking sector as well as about the European economy.

21 January 2016

Uday Sareen to become CEO ING Direct Australia

Uday Sareen, currently President and member of the Operating Committee of Kotak Mahindra Bank in India, will become CEO of ING Direct Australia, subject to the necessary approvals. Uday is expected to start in his new role on 1 June 2016.

20 January 2016 | Press release

ING invests in Hong Kong fintech WeLab

ING today announced it has invested in Hong Kong fintech WeLab. WeLab provides consumer loans in China and Hong Kong in a fully automated process that takes minutes from application to approval. The investment is in line with ING’s strategic priority to increase the pace of innovation to serve changing customer needs by working with both dedicated internal teams and with external partners and startups.

20 January 2016

ING Commercial Banking renamed ING Wholesale Banking

From today, ING Commercial Banking will be known as ING Wholesale Banking. The new name better reflects the large corporate and institutional, international offering that makes up the vast majority of our business. It will clearly position ING as a global wholesale bank and better describes what we do and the types of clients we serve.

14 January 2016

Annerie Vreugdenhil appointed Global Head of Real Estate Finance

ING Group has appointed Annerie Vreugdenhil as the new Global Head of Real Estate Finance, effective 15 February 2016. She will replace John Boyles who will become Global Head of Disintermediation and Asset Securitisation.

12 January 2016 | Innovation

Peer-to-peer payment app Twyp comes to the Netherlands

Following its successful launch in Spain recently, ING has introduced peer-to-peer-payment app, Twyp in the Netherlands. Twyp, an abbreviation of The Way You Pay, is an app that allows consumers to pay small amounts instantly to contacts on their mobile devices.

11 January 2016

After seven lean years, Europe looks up

Household incomes in Europe are recovering, and are likely to exceed their 2009 peak later this year, according to an ING economics report released today.