All news Press releases only

March 2019

18 March 2019 | Press release
ING announces liability management actions

ING Bank announced today a number of liability management actions. ING will offer bondholders an opportunity to exchange seven series of subordinated debt into CRD-IV eligible Tier 2 securities. This enables ING to proactively optimise the Bank’s capital structure in anticipation of the upcoming CRD-IV implementation. In addition ING Bank will call USD 2 billion of hybrid Tier 1 securities which will lower its funding costs. The European Commission has authorized the transactions.

18 March 2019 | Press release
ING announces liability management offers

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15 March 2019 | Strategy
ING Italy to strengthen compliance

ING has been informed by the Banca d’Italia of their report with conclusions regarding shortcomings in AML processes at ING Italy. ING will analyse the findings from an inspection conducted from October 2018 until January 2019 and will discuss them further with the Banca d’Italia. In line with the enhancement programme announced last year, it is taking the necessary steps to improve processes and management of compliance risks as required by the Banca d’Italia.

ING Italy to strengthen compliance
11 March 2019 | Press release, Strategy
ING publishes proxy materials for 2019 AGM

ING Groep N.V. today published the proxy materials for its annual General Meeting (AGM), to be held on Tuesday 23 April 2019, in Amsterdam.