December 18, 2014 3:13 PM ET

Banks

Company Overview of ING Bank N.V.

Company Overview

ING Bank N.V. provides various banking, investments, life insurance, and retirement services in the Netherlands, Belgium, the rest of Europe, North America, Latin America, Asia, and Australia. It offers retail and private banking products and services, including current and savings accounts, mortgages, business lending, and other consumer lending products for individuals, and small and medium-sized enterprises. The company also provides various commercial banking products and services comprising cash management, corporate finance, real estate, and leasing services for multinational corporations, governments, financial institutions, and supranational organizations. In addition, it offers grou...

Amsterdamse Poort

Bijlmerplein 888

Amsterdam,  1102 MG

Netherlands

52,854 Employees

Phone:

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.

Similar Private Companies By Industry

Company Name Region
Delta Lloyd Bank N.V. Europe
Staal Bank N V Europe
HSBC Europe B.V. Europe
Schretlen & Co NV. Europe
BBVA Subordinated Capital B.V. Europe

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
November 9, 2014
Portugal Telecom, SGPS S.A.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
NYC2012, Inc. United States
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
Rush University United States
Greater Houston Partnership United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact ING Bank N.V., please visit www.ing.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.