ING announced today it is adapting its innovation approach, bringing initiatives closer to the business, in line with our strategic focus on providing a superior customer experience and putting sustainability at the heart of what we do.
ING Netherlands announced today that it will amend the compensation to customers with for revolving credit facilities and continuous overdraft limit products where the variable interest rate did not sufficiently follow market rates. In October 2021, ING announced this compensation, execution of which is progressing well.
Following the closure of Yolt’s personal finance management app last year, ING has announced today the decision to phase out its business-to-business open banking operations.
“The backdrop to ING’s performance in the second quarter of 2022 was one of ongoing geopolitical uncertainty and pressure on the global economy,” said ING CEO Steven van Rijswijk.
ING Bank Slaski - 75% owned by ING Group - today announced that it will book a material negative impact of approximately EUR 363 mln in the third quarter of 2022.
ING Group announced today that it has completed the share buyback programme which started on 12 May 2022. The total number of shares repurchased under the programme is 40,749,792 ordinary shares at an average price of EUR 9.41 for a total consideration of EUR 383,314,718.93.
ING announced today that, in line with the launch of its €380 million share buyback programme announced on 6 May 2022, the company has repurchased 7,193,987 shares during the week of 4 July 2022 up to and including 8 July 2022.
