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March 27, 2015 3:40 PM ET


Company Overview of ING Bank (Australia) Limited

Company Overview

ING Bank (Australia) Limited provides banking and related services in Australia. It operates through Mortgages, Savings, and Commercial Loans segments. The company provides everyday bank accounts; savings accounts and term deposits; and home loan products, including variable home, fixed home, line of credit home, construction, and commercial loans. It also offers business products comprising business savings accounts, business term deposits, commercial mortgages, and commercial property finance. The company was incorporated in 1971 and is headquartered in Sydney, Australia. ING Bank (Australia) Limited operates as a subsidiary of ING Bank N.V.

140 Sussex Street

Level 14

Sydney, NSW 2000


Founded in 1971

982 Employees


61 2 9028 4000


61 2 9028 4708

Key Executives for ING Bank (Australia) Limited

Chief Executive Officer, Director and Member of Risk Committee
Age: 58
Chief Financial Officer
Chief Operating Officer
Age: 48
Vice-Chairman of Management Board and Chief Executive Officer of Commercial Banking
Age: 62
Chief Executive Officer of ING Group, Chief Executive Officer of Banking Operations and Chief Executive Officer of Insurance Operations
Age: 71
Compensation as of Fiscal Year 2014.

ING Bank (Australia) Limited Key Developments

ING Direct Australia Announces Earnings Results for the Full Year 2014

ING Direct Australia announced earnings results for the full year 2014. For the period, the company has increased net profit by more than 9% to $297 million.

Six Big Banks May Bid For ING Mortgage Portfolio

Macquarie Group Limited (ASX:MQG) and Bank of Queensland Ltd. (ASX:BOQ) along with four other banks are thought to be the most likely bidders for third tranche of AUD 1.5 billion mortgage portfolio.

ING Direct To Reportedly Sell AUD 1.5 Billion In Mortgages

ING Bank (Australia) Limited is placing a third portfolio of mortgages worth about AUD 1.5 billion on the market, sources say.

Recent Private Companies Transactions

September 5, 2014
ING Bank (Australia) Limited, AUD 1.5 Billion Loan Portfolio

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