Koos Timmermans to present at Morgan Stanley Conference

Amsterdam, 20 March 2013

Today, Koos Timmermans, Vice-Chairman of ING Bank, will address the Morgan Stanley European Financials Conference in London.

In his presentation, Mr Timmermans will demonstrate how ING Bank’s balance sheet optimisation programme is on track. As one of ING Bank’s priorities, this programme aims to maximise returns under the new regulatory capital requirements known as Basel III. ING Bank already meets most of these requirements which is shown by its strong capital position reflected in a pro-forma fully loaded Basel III core Tier 1 ratio per 31 December 2012 of 10.6%.

After looking back at ING Bank’s 2012 results, Mr Timmermans will also elaborate on ING Bank’s progress on reaching its long-term targets as laid down in the Ambition 2015 programme. Further optimising of the balance sheet and repricing of ING Bank’s lending portfolio will improve the Net Interest Margin and should lead to an attractive ROE of 10-13% under the Basel III requirements.

Today’s presentation “Towards Ambition 2015” by Koos Timmermans can be viewed/downloaded via ING’s corporate website or SlideShare.

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ING PROFILE

ING is a global financial institution of Dutch origin, offering banking, investments, life insurance and retirement services to meet the needs of a broad customer base. Going forward, we will concentrate on our position as an international retail, direct and commercial bank, while creating an optimal base for an independent future for our insurance and investment management operations

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