25 February 2019
ING 1Q16 underlying net result EUR 842 million
“The digital banking landscape has never been more dynamic than it is today,” said Ralph Hamers, CEO of ING Group.
February 2019
14 February 2019 | Press release, Strategy
ING Group 2018 SREP process completed
ING Group has been notified of the European Central Bank (ECB) decision on the 2018 Supervisory Review and Evaluation Process (SREP), which will set the capital requirements for 2019. The common equity Tier 1 requirement for ING Group will be 11.8% in 2019.
January 2019
29 January 2019 | Press release
ING Group to propose KPMG Accountants N.V. as its auditor
ING Group will propose to the 2015 Annual General Meeting of Shareholders the appointment of KPMG Accountants N.V. as its auditor. Under Dutch legislation, ING is required to change its auditor as of January 2016. The nomination of KPMG is the result of a thorough tender process overseen by the Audit Committee of the Supervisory Board, as reported in the 2013 Annual Report and in accordance with the ING Group Policy on Auditors Independence.
December 2018
03 December 2018 | Press release
Tanate Phutrakul to succeed Koos Timmermans as chief financial officer of ING
ING announced today that Tanate Phutrakul will succeed Koos Timmermans as CFO of ING.
November 2018
22 November 2018 | Press release
ING completes sale of ING Direct USA
ING announced today that it has completed the sale of ING Direct USA to Capital One as announced on 16 June 2011.
October 2018
29 October 2018 | Press release, Strategy, Innovation
ING launches ING Ventures: a EUR 300 million fintech fund
ING announced today it has launched ING Ventures, a EUR 300 million fund aimed at investing in fintech companies. To accelerate the pace of innovation, one of ING’s strategic priorities, ING Ventures will expand the existing portfolio of investments in the coming 4 years.
29 October 2018 | Press release, Innovation
ING starts partnership with Scalable
ING announced today that it will start a partnership with online wealth manager Scalable Capital, one of the leading fintechs in the European robo-advice market. Together, ING and Scalable will offer a fully digital investment solution to ING’s retail customers in Germany. The partnership fits ING’s strategic priority to create a differentiating customer experience that is personal, seamless and relevant.
29 October 2018 | Press release
ING invests in Hong Kong fintech WeLab
ING today announced it has invested in Hong Kong fintech WeLab. WeLab provides consumer loans in China and Hong Kong in a fully automated process that takes minutes from application to approval. The investment is in line with ING’s strategic priority to increase the pace of innovation to serve changing customer needs by working with both dedicated internal teams and with external partners and startups.
25 October 2018 | Press release
ING Group injects EUR 57 million in NN Group to the benefit of NN Bank to fulfil EC commitment on capitalisation of NN Bank
ING Group has made a capital injection into NN Group of EUR 57 million by subscribing for newly issued shares for an aggregate amount of EUR 57 million and ING has provided NN Bank a EUR 63 million facility which allows the bank to draw additional Tier 1 capital. With this provision of capital, ING Group fulfils a commitment to the European Commission (EC) pertaining to the capitalisation of NN Bank, which is included in the EC decision of 16 November 2012.