“The second quarter of 2023 was characterised by ongoing challenges, as economic sentiment weakened, geopolitical uncertainties persisted and inflation remained elevated - albeit less pronounced than in previous quarters,” said Steven van Rijswijk, CEO of ING.
Gӧrkem Kӧseoğlu is ING’s new chief technology officer and member of the Management Board Banking. He’s eager to marry his background in computer science, data and analytics with the smart use of digital capabilities to deliver a superior experience for ING customers.
ING announced today that, in line with the launch of our €1.5 billion share buyback programme announced on 11 May 2023, we repurchased 1,588,973 shares during the week of 24 July 2023 up to and including 28 July 2023.
This month, ING has made it possible to withdraw up to €100 per day without a card. Called ING cash code, all you need now is a code from your mobile banking app and you can make a withdrawal from a Geldmaat ATM.
The European bank stress tests didn't reveal big capital gaps. Overall, we think the results confirm that the banking system is strongly capitalised and we see the results as supportive for bank risk
ING Group was subject to the 2023 EU-wide stress test conducted by the European Banking Authority (EBA), in cooperation with the European Central Bank (ECB), the European Systemic Risk Board (ESRB) and De Nederlandsche Bank.
Global temperatures have shattered records this month, heightening the urgency to reduce carbon emissions. But the energy transition and the shift to electric vehicles, in particular, is fraught with challenges, as ING Commodities Strategist Ewa Manthey explains in this podcast
ING today announced the appointment of Görkem Köseoğlu as chief technology officer and member of the Management Board Banking. Görkem will take up his position on 1 September, succeeding Ron van Kemenade, who stepped down effective 30 April 2023.
Countries and companies are increasingly wary of possible shortages of raw materials going forward and seek to secure supply. Battery metal demand is also evolving as demand shifts between chemistries. Current interdependence is significant and actors seek to reduce supply risk in light of the energy transition
The dynamics of tightening supply and soaring demand for electric vehicle batteries are becoming increasingly fragile. Battery manufacturers are now looking into new technology with advanced chemistry compositions to ensure long-term metals supply, but progress will be impacted by the outlook for metals prices
