November 2021

03 November 2021 | Press release, Press release, Strategy
ING posts 3Q2021 net result of €1,367 million

“I’m pleased with our results in the third quarter,” said ING CEO Steven van Rijswijk. “We saw continued lending growth in mortgages, whereas loan demand from businesses was influenced by the economic effects of the Covid pandemic.

ING posts 3Q2021 net result of €1,367 million

01 November 2021 | Press release, Strategy
Progress on share buyback programme

ING announced today that, in line with the launch of its €1,744 million share buyback programme announced on 1 October 2021, the company has repurchased 8,719,287 shares during the week of 25 October 2021 up to and including 29 October 2021.


October 2021

29 October 2021 | Strategy
ING phases out Payvision

ING announced today that its subsidiary Payvision will start phasing out its services as a payment service provider (PSP) and acquirer. After a thorough evaluation of all options in the context of the rapidly evolving and increasingly competitive and capital intensive e-commerce merchant market, ING has concluded that it is not feasible to achieve its ambitions with Payvision. The aim is to complete the phase-out process by the second quarter of 2022.

ING phases out Payvision

26 October 2021 | Press release, Strategy
Progress on share buyback programme

ING announced today that, in line with the launch of its €1,744 million share buyback programme announced on 1 October 2021, the company has repurchased 7,307,556 shares during the week of 18 October 2021 up to and including 22 October 2021.


20 October 2021 | Press release, Banking
ING to offer compensation to Dutch retail customers with certain consumer credit products

ING announced today to offer a compensation to our Dutch retail customers with certain revolving consumer loans where the variable interest rate did not sufficiently follow market rates. With this step, ING reacts to a number of rulings by the Dutch Institute for Financial Disputes (Kifid) regarding similar products at other banks.


19 October 2021 | Press release, Strategy
Progress on share buyback programme

ING announced today that, in line with the launch of its €1,744 million share buyback programme announced on 1 October 2021, the company has repurchased 8,400,756 shares during the week of 11 October 2021 up to and including 15 October 2021.


12 October 2021 | Press release, Strategy
Progress on share buyback programme

ING announced today that, in line with the launch of its €1,744 million share buyback programme announced on 1 October 2021, the company has repurchased 7,157,183 shares during the week of 5 October 2021 up to and including 8 October 2021.


01 October 2021 | Press release, Strategy
ING announces €1.7 billion share buyback programme

ING announced today the start of a share buyback programme under which it plans to repurchase ordinary shares of ING Groep, with a maximum total value of €1,744 million and for a number of shares not exceeding the authority granted by the general meeting of shareholders (10% of the issued shares).