Dutch multinational banking and financial services corporation
"ING" redirects here. For other uses, see ING (disambiguation).
ING Groep N.V.
ING's headquarters in Amsterdam, Netherlands
Company type
Naamloze vennootschap
Traded as
Euronext Amsterdam: INGA NYSE: ING AEX component
ISIN
NL0011821202
Industry
Financial services
Founded
1991 through merger[1] (est. 1743 as Kooger Doodenbos)
Headquarters
Amsterdam, Netherlands
Area served
Europe, Asia, Oceania, North America, South America
Key people
Steven van Rijswijk (CEO)
Tanate Phutrakul (CFO)
Hans Wijers (Chairman of the supervisory board)
Products
Retail banking
Direct banking
Private banking
Wholesale banking
Investment banking
Commercial banking
Insurance
Asset management
Revenue
€18.561 billion (2022)[2]
Operating income
€5.5 billion (2022)[2]
Net income
€3.78 billion (2022)[2]
Total assets
€967.8 billion (2022)[2]
Total equity
€50.4 billion (2022)[2]
Number of employees
60,778 (2022)[2]
Subsidiaries
AFP Capital Bank Mendes Gans Makelaarsland and The Baring Archive[3]
Website
ing.com
The ING Group (Dutch: ING Groep) is a Dutch multinational banking and financial services corporation headquartered in Amsterdam. Its primary businesses are retail banking, direct banking, commercial banking, investment banking, wholesale banking, private banking, asset management, and insurance services. With total assets of US$967.8 billion,[2] it is one of the biggest banks in the world, and consistently ranks among the largest banks globally.
ING is the Dutch member of the Inter-Alpha Group of Banks, a co-operative consortium of 11 prominent European banks.[4] Since the creation in 2012, ING Bank is a member in the list of global systemically important banks. It has been designated as a Significant Institution since the entry into force of European Banking Supervision in late 2014, and as a consequence is directly supervised by the European Central Bank.[5][6]
In 2020, ING had 53.2 million clients in more than 40 countries.[7] The company is a component of the Euro Stoxx 50 stock market index.[8] The long-term debt for the company as of December 2019 is €150 billion.[9]
ING is an abbreviation for Internationale Nederlanden Groep (lit.'International Netherlands Group'). The orange lion on ING's logo alludes to the group's Dutch origins.[10]
^ING Life Insurance: Careers – History of ING. Inglife.co.in. Retrieved on 5 September 2013.
^ abcdefg"2022 ING Group Annual Report".
^"The Baring Archive".
^"500 euro lenen? Bekijk alle mogelijkheden – 500eurolenen.nl". 500 Euro Lenen. Archived from the original on 2 June 2021. Retrieved 15 May 2017.
^"The list of significant supervised entities and the list of less significant institutions" (PDF). European Central Bank. 4 September 2014.
^"List of supervised entities" (PDF). European Central Bank. 1 January 2023.
^"ING posts 4Q2020 net result of €727 million, FY2020 net result of €2,485 million". 12 February 2021.
^"Frankfurt Stock Exchange". Archived from the original on 8 February 2019.
^"ING Long-Term Debt | ING Groep NV - GuruFocus.com". www.gurufocus.com.
^"The history of the ING lion". ING. Archived from the original on 22 November 2015.
The INGGroup (Dutch: ING Groep) is a Dutch multinational banking and financial services corporation headquartered in Amsterdam. Its primary businesses...
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multinational Dutch bank, INGGroup. ING in Australia holds an Australian banking licence as a foreign subsidiary company. ING operates through a number...
Income Fund (RRIF). The bank was founded by INGGroup in April 1997 as ING Bank of Canada (operating as ING Direct). In November 2012, it was acquired...
from the 2002 purchase of an equity stake in Vysya Bank by the Dutch INGGroup. This merger marked the first between an Indian bank and a foreign bank...
and the number of branches reached 1,261. After the merger, INGGroup, which controlled ING Vysya Bank, obtained a 6.5% stake in Kotak Mahindra Bank. In...
Restructuring by INGGroup". The New York Times. Retrieved 26 November 2007. "INGGroup agrees to sell Baring Asset Management". INGGroup. 22 November 2004...
real estate investment business of INGGroup for $940 million. In 2011, the company changed its name to CBRE Group Inc. In 2013, the company acquired...
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company based in New York City. Voya began as ING U.S., the United States operating subsidiary of INGGroup, which was spun off in 2013 and established...
National Bank of Belgium Belfius BNP Paribas Fortis (BNP Paribas) ING Belgium (INGGroup) KBC Bank Antwerpse Diamantbank Argenta Spaarbank Banca Monte Paschi...
second largest bank. Formerly known as ING Asia Private Bank, it was acquired by OCBC in 2009 from INGGroup for US$1.46 billion. After completed the...
market thus forming the ING Vysya Life Insurance company. In the same year, ING Vysya Bank, ING Insurance, and the Damani Group formed a life insurance...
Group Limited and Public Bank Berhad. The company is the successor to two former takaful operators—ING Public Takaful Ehsan and AIA AFG Takaful. ING Public...
Dr. Ing. h.c. F. Porsche AG, usually shortened to Porsche (German pronunciation: [ˈpɔʁʃə] ; see below), is a German automobile manufacturer specializing...
from 1993 to 2009 was a subsidiary of the Dutch multinational INGGroup under the name ING Canada. Intact Financial directly underwrites insurance through...
in syndicated finance and became director of infrastructure finance at INGGroup in 2014. He was a trustee of the Campaign to Protect Rural England from...
Netherlands. De Nederlandsche Bank FMO (Netherlands) ABN Amro INGGroup Rabobank De Volksbank Amanah Group Holdings Anadolubank Nederland N.V. Bank Mendes Gans...
"ING To Sell ING Direct USA to Capital One" (Press release). INGGroup. June 16, 2011. Merle, Renae (June 16, 2011). "Capital One Bank to acquire ING Direct...
chief executive officer (CEO) of UBS Group from September 2020 to April 2023. He was the CEO of Dutch bank INGGroup from October 2013 until June 2020....
February 2020, UBS announced that Ralph Hamers, CEO of INGGroup, would be succeeding Ermotti as Group CEO on 1 November 2020. Following the acquisition of...
Machine "Record Bank becomes ING". moneysaver.be. Retrieved 2018-05-15. "Second Belgian retail network: Record Group". Ing.be. Archived from the original...
supervisory board of Ukreximbank. He also worked for Citibank, Credit Lyonnais, INGGroup, and Rabobank. Kireyev died on 5 March 2022. According to preliminary...
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