January 30, 2015 3:23 AM ET


Company Overview of ING Bank N.V.

Company Overview

ING Bank N.V. provides retail and commercial banking services in Europe, Asia, Australia, and internationally. It offers its products and services to individuals, small and medium-sized enterprises, multinational corporations, governments, financial institutions, and supranational organizations. The company was incorporated in 1927 and is headquartered in Amsterdam, Netherlands. ING Bank N.V. is a subsidiary of ING Groep N.V.

Amsterdamse Poort

Bijlmerplein 888

Amsterdam,  1102 MG


Founded in 1927

64,373 Employees


31 20 563 9111

Key Executives for ING Bank N.V.

Chairman of Management Board and Group Chief Executive Officer
Age: 48
Chief Financial Officer and Member of The Management Board
Age: 54
Chief Operating Officer and Member of the Management Board
Age: 49
Member of Management Board and Chief Executive Officer of Commercial Banking
Age: 56
Chairman of The Management Board of Ing Commercial Banking In Russia and Chief Executive Officer of Ing Commercial Banking In Russia
Compensation as of Fiscal Year 2014.

ING Bank N.V. Key Developments

ING Bank N.V. Announces Unaudited Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014

ING Bank N.V. announced unaudited earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, underlying net profit was EUR 1,123 million, up from EUR 820 million a year ago. The underlying result before tax was EUR 1,486 million, up 34.7% from a year ago and 16.3% higher than in the previous quarter, reflecting higher interest results and a decline in risk costs. Total underlying income increased 4.5% year-on-year. This was achieved despite negative credit and debt valuation adjustments (CVA/DVA) and the deconsolidation of ING Vysya Bank as of the second quarter of 2014. Excluding these items, income rose 8.1% year-on-year and 4.5% quarter-on-quarter. The underlying return on IFRS-EU equity was 12.7% in the third quarter. Net result Banking was EUR 1,006 million against EUR 801 million a year ago. Year-to-date underlying return on IFRS-EU equity rises to 11.4%. Underlying result before tax Banking was EUR 3,940 million against EUR 3,419 million a year ago. Underlying net result Banking was EUR 2,876 million against EUR 2,469 million a year ago. Net result Banking was EUR 2,076 million against EUR 2,364 million a year ago.

ING Bank N.V. Presents at 11th Annual Syndicated Loans CEE Conference, Nov-13-2014 through Nov-14-2014

ING Bank N.V. Presents at 11th Annual Syndicated Loans CEE Conference, Nov-13-2014 through Nov-14-2014. Venue: Vienna Marriott Hotel Parkring 12A, Vienna 1010, Austria. Presentation Date & Speakers: Nov-14-2014, Eva Smolen, Director, Syndicated Finance, Oliver Blount, Managing Director, Head of Loan Syndication, CEEMA.

ING Bank N.V. Presents at The 17th Annual GRI Europe Summit 2014, Sep-18-2014 12:00 PM

ING Bank N.V. Presents at The 17th Annual GRI Europe Summit 2014, Sep-18-2014 12:00 PM. Venue: Intercontinental Paris Le Grand, Paris, France. Speakers: FRÉDÉRIC CIUNTU, managing director.

Recent Private Companies Transactions

January 5, 2015
ING Bank N.V., Office Building located in Amsterdam
November 9, 2014
Portugal Telecom, SGPS S.A.

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