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ING Groep: ING In Germany And Amazon Join Forces In SME Lending
ING Belgium CEO Erik Van Den Eynden To Leave On October 1
Steven Van Rijswijk To Succeed Ralph Hamers As CEO Of ING
ING Groep N.V. (ING) is a financial institution. The Company offers banking services. The Company's segments include Retail Netherlands, which offers current and savings accounts, business lending, mortgages and other consumer lending in the Netherlands; Retail Belgium, which offers products that are similar to those in the Netherlands; Retail Germany, which offers current and savings accounts, mortgages and other customer lending; Retail Other, which offers products that are similar to those in the Netherlands, and Wholesale Banking, which offers wholesale banking activities (a full range of products from cash management to corporate finance), real estate and lease. The Company's Retail Banking business lines provide products and services to individuals, small and medium-sized enterprises (SMEs) and mid-corporates. ING's banking activities in Australia are undertaken by ING Bank (Australia) Limited (trading as ING Direct) and ING Bank NV Sydney Branch.
Amsterdamse Poort, Bijlmerplein 888
Independent Chairman of the Supervisory Board
Steven J.A. van Rijswijk
Chairman of the Executive Board, Chief Executive Officer
Chief Financial Officer, Member of the Management Board Banking
Member of the Management Board Banking and Head of Market Leaders
Cindy van Eldert-Klep
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Singapore-based Cleantech Solar has secured a $75 million loan from Dutch bank ING Groep NV to finance its expansion across Southeast Asia, the companies said in a joint statement on Tuesday.
ING Groep NV, the largest Dutch bank, said on Friday Chief Risk Officer Steven van Rijswijk would replace Ralph Hamers as the chief executive officer from July 1. Hamers, credited with helping ING develop its successful online banking platform, in February announced he was...
ING Groep NV, the largest Dutch bank, said on Friday that Chief Risk Officer Steven van Rijswijk would replace Ralph Hamers as CEO from July 1. ING and Hamers said in February that Hamers would leave the Dutch bank to become CEO of Swiss bank UBS Group AG. Van Rijswijk is...
ING Groep NV reported a 36% fall in first-quarter pretax earnings that beat forecasts as the Netherlands' largest bank booked higher loan loss provisions but retail operations held up well.
ING Groep NV, the largest Dutch bank, on Friday posted first-quarter pretax earnings of 1.02 billion euros ($1.11 billion), down 35.7% from last year, citing higher provisions taken for the potential fallout from the coronavirus outbreak.
ING Groep NV, the largest Dutch bank reported on Friday first-quarter pretax earnings of 1.02 billion euros ($1.11 billion), down 35.7% from the corresponding period a year ago, citing higher bad loan provisions and lower valuations as a result of the coronavirus pandemic.
* ING PROVIDES UPDATE ON DIVIDEND IN THE CONTEXT OF THE CORONAVIRUS PANDEMIC
* REDEEMS USD 1 BILLION 6.000% PERPETUAL ADDITIONAL TIER 1 CONTINGENT CONVERTIBLE CAPITAL SECURITIES Source text for Eikon: Further company coverage:
UBS <UBSG.S>, the world's largest bank to the rich, named the head of ING <INGA.AS> as chief executive on Thursday, seeking to tap his tech knowledge after he transformed the Dutch lender into one of Europe's most successful online banks.
UBS Group AG is set to name Ralph Hamers, the chief executive officer of ING Groep NV , as its new head, the Financial Times reported on Wednesday.
ING Groep, the largest Dutch financial services company, reported a fourth-quarter pre-tax profit of 1.34 billion euros ($1.47 billion) on Thursday, slightly below analysts' estimates as regulatory costs rose.
ING Groep, the largest Dutch financial services company, on Thursday reported a fourth-quarter pre-tax profit of 1.34 billion euros ($1.47 billion), slightly below analysts' estimates as regulatory costs rose.
ING Groep NV <INGA.AS> reported third-quarter underlying pretax profit of 1.91 billion euros ($2.13 billion), slightly above analyst expectations but less than a year ago, as regulatory costs rose and the bank's loan book shrank by a billion euros.
ING Groep NV , the largest financial services firm, on Thursday reported underlying pretax profit of 1.91 billion euros ($2.13 billion), a hair better than analyst expectations but worse than a year ago, as regulatory costs increased and the bank issued fewer loans
* Comments come as ECB prepares to ramp up support (Adds comments from CEO, detail)
ING Groep, the Netherlands' largest bank, on Thursday reported a second-quarter net profit of 1.438 billion euros ($1.6 billion), beating market expectations.
Dutch lender ING Groep has decided against a tie-up with Germany's Commerzbank, German business daily Handelsblatt said in a pre-released report on Monday, citing financial sources.
There is "limited" logic for cross-border EU bank mergers as long as the bloc's banking union plan is incomplete, the chief executive of Dutch lender ING Groep, which has been reported to be interested in Germany's Commerzbank, said on Monday.
The organization that defends shareholder interests in the Netherlands on Wednesday called on ING Groep to clarify whether it is interested in acquiring German rival Commerzbank.
* Profits hurt by provisions, low interest rates (Updates with details on Germany)
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