All news Press releases only

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).

September 2021