ING Group today agreed to sell shares of common stock of Voya Financial, Inc. in an underwritten public offering. In addition, ING Group has entered into a share repurchase agreement with Voya under which Voya will repurchase USD 175 million of its shares of common stock from ING Group.
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 joined all Dutch banks in signing a 10-point action plan to tackle climate change.
In a report released today, ING's score in the Fair Finance Guide remains rather stable, despite the fact we have improved our policies.
ING announced today that Tanate Phutrakul will succeed Koos Timmermans as CFO of ING.
Taking a look at where our business has the most impact.
ING announced today that it has completed the sale of ING Direct USA to Capital One as announced on 16 June 2011.
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.
ING announced today it has started to offer online lending to small and medium enterprises (SMEs) in France and Italy. The proposition fits ING’s strategy to grow its lending business to SMEs and creating a differentiating customer experience.
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.
