News

... min read

29 August 2012 | Press release

ING to sell ING Direct Canada to Scotiabank

ING announced today that it has reached an agreement to sell ING Direct Canada for a total consideration of CAD 3.1 billion (EUR 2.5 billion at current exchange rates) to Scotiabank, a leading Canadian financial services company.

23 August 2012 | Sustainability

Women in Business Challenge 2011 – 2012

Women in Business are seen by ING as significant contributors to economic growth in the developing world. Yet many women with great business ideas lack the funding and crucial non-financial support to help them get launched and succeed as businesswomen.

17 August 2012 | Economics

New report on EMU break up by ING’s Chief Economist

On Friday 17 August, a new report by Mark Cliffe on the costs of an EMU break-up was published.

8 August 2012 | Banking, Strategy

ING reports solid second quarter

ING Group announced on 8 August a solid underlying net profit for the second quarter of 2012, although lower than a year ago as the Eurozone sovereign debt crisis intensified and continued financial market volatility impacted economic activity.

8 August 2012 | Press release, Financial

ING posts 2Q12 underlying net profit of EUR 1,045 million

“ING posted solid second-quarter results. In these uncertain times the financial strength of the company is our highest priority: capital, liquidity and funding have all improved,” said Jan Hommen, CEO of ING Group.

2 August 2012 | Press release

ING reviews position of ING Direct in Canada and UK

ING continuously evaluates its portfolio of businesses, in line with its stated objective of sharpening its focus. Within this context, ING today announced that it is currently reviewing strategic options for ING Direct Canada and ING Direct UK.

31 July 2012 | Economics

What is... inflation?

Put simply, inflation is a general rise in prices.

24 July 2012 | Press release

ING to appeal EC’s decision of 11 May 2012 re-approving 2009 Restructuring Plan

ING and the Dutch State are in dialogue with the European Commission on an amended and updated restructuring plan. Good progress has been made but more time is needed to come to a final agreement acceptable to all parties.

3 July 2012 | Press release

ING and trade unions finalise pension scheme for employees in the Netherlands

ING announced today that it has finalised its agreement on a new pension scheme for employees in the Netherlands, following acceptance of the new scheme by both the unions and their members. The new pension scheme will take effect on 1 January 2014 and will apply to the 19,000

2 July 2012 | Banking, Economics

Reinventing microfinance

Recently, ING’s Economics Department published the report A Billion to gain?