30 July 2020 | Banking, Sustainability
ING helps power green battery gigafactory
ING co-leads consortium to give sustainable battery producer Northvolt a $1.6 billion boost to accelerate the electrification of transportation.
ING co-leads consortium to give sustainable battery producer Northvolt a $1.6 billion boost to accelerate the electrification of transportation.
The €380 million loan provides medium and long-term financing for Turkish exporters.
ING announced today that as a result of the impairment test triggered by the Covid-19 pandemic, it expects to book approximately €300 million as an impairment on the goodwill on its balance sheet in its second quarter 2020 results. The goodwill is related to a number of acquisitions in the past.
ING is pleased to announce its partnership with genesis, the Low Code Application Platform for financial markets, to launch the Credit Insurance Application (CIA), a deal-flow and portfolio application which will transform the management of credit and political risk insurance (CPRI) globally.
As a result of Brexit, ING is required to relocate a subset of Financial Markets (FM) trading activities from London to a EU27 country.
Peter talks about what sustainability means to him in part one of our summer series.
Digital rebels: Five similarities between ING Direct and ING’s new bancassurance partnership
ING has won three Excellence 2020 awards announced today by Euromoney magazine including Western Europe’s Best Bank for Transaction Services. ING was also named the Netherlands’ Best Bank as well as Poland’s Best Bank for the third year in a row.
A champion of product innovation and digital excellence
ING Sustainable Investments will provide €2 million in risk-bearing capital to Milgro, a leading ‘cleantech’ company in the field of nature capital management.