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.
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.
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.
ING: Navigate responsible decisions and sustainable growth
ING announced today that Koos Timmermans will step down from his position as chief financial officer and member of the Executive Board of ING Group and will leave the company.
On 4 September 2018 ING announced that it entered into a settlement agreement with the Dutch Public Prosecution Service (DPPS) relating to previously disclosed investigations regarding various requirements for client on-boarding and the prevention of money laundering and corrupt practices.
“Empowering people” is the title of the 2017 Integrated Annual Report of ING Groep N.V. (IAR) that is published today, together with the Annual Report of ING Bank N.V..
The Annual General Meeting (AGM) of ING Groep N.V. adopted the 2017 Annual Accounts today and declared a total dividend for 2017 of EUR 0.67 per ordinary share. Taking into account the interim cash dividend of EUR 0.24 paid in August 2017, the final dividend amounts to EUR 0.43 per share, to be paid fully in cash.