15 May 2019 | Sustainability
UNICEF and ING at 2015 World Economic Forum
UNICEF launched “The Investment Case for Education and Equity” report. ING’s Koos Timmermans explained ING’s views on the topic.
UNICEF launched “The Investment Case for Education and Equity” report. ING’s Koos Timmermans explained ING’s views on the topic.
Today ING has paid EUR 1.025 billion to the Dutch State, including EUR 683 million repayment of core Tier 1 securities and EUR 342 million in interest and premium. This payment, which was approved by the Dutch Central Bank and the European Central Bank, is the final repayment on the core Tier 1 securities.
ING: Annual General Meeting, Amsterdam, 23 April 2018
ING Group announced today it will redeem US$ 1,045 million of 6.375% Perpetual Hybrid Capital Securities on the call date being 15 June 2019, in line with ING’s goal to continuously optimize its capital structure.
The Annual General Meeting (AGM) of ING Groep N.V. adopted the 2018 Annual Accounts today and declared a total dividend for 2018 of €0.68 per ordinary share.
ING will host an Investor Day on 25 March 2019 in Offenbach am Main, near Frankfurt, Germany.
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.
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ING: ING successfully completes US Tender Offers and Institutional EUR and GBP Exchange Offers
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.