“We achieved good results in the second quarter, with solid profitability and healthy growth in both lending and deposits. We added more than 300,000 primary customers in 2Q2019, which demonstrates that our customer experience continues to be differentiating and drive growth,” said Ralph Hamers, CEO of ING Group.
Roland Boekhout, member of the Management Board Banking and head of Market Leaders will leave ING.
ING: Annual General Meeting, Amsterdam, 13 May 2013
ING: Annual General Meeting, Amsterdam, 14 May 2012
The merger between ING Vysya Bank (Vysya) and Kotak Mahindra Bank (Kotak) has today been completed. The combined entity has a strengthened position as one of India’s leading privately held banks, with a wider geographical spread and enhanced expertise across customer segments and product categories. ING will continue to service its Indian clients outside of India and will support its global clients operating in India through the larger combined platform.
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.
“We’ve had a positive start to the year, with first-quarter results that show good commercial momentum,” said Ralph Hamers, CEO of ING Group.
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.
