25 February 2019 | Press release
Ralph Hamers to present at Goldman Sachs Conference
Today, Ralph Hamers, CEO of ING Group, will address the Goldman Sachs 18th Annual European Financials Conference in Madrid.
Today, Ralph Hamers, CEO of ING Group, will address the Goldman Sachs 18th Annual European Financials Conference in Madrid.
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.
ING announced today that Carin Gorter has resigned as a Member of the Supervisory Board of ING Group, following the proposal to appoint her as Chief Risk Officer at Rabobank. Carin Gorter was appointed to the ING Group Supervisory Board in May 2013. Within the Supervisory Board she was a member of the Audit Committee, the Risk Committee and the Corporate Governance Committee.
In order to improve the customer experience and enhance operational excellence, ING will take measures to further expand digital banking, strengthen local advisory capabilities in the branch network and to make additional IT investments in its Dutch retail banking unit.
ING Vysya Bank (Vysya) and Kotak Mahindra Bank (Kotak) today announced their intention to merge their respective businesses.
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.
ING has notified the Dutch State that it intends to make the final repayment of EUR 1,025 million on the core Tier 1 securities on 7 November 2014 - half a year ahead of the repayment schedule as agreed with the European Commission in 2012.