ING Group

Also known as ING, ING GROEP N.V.

Dutch multinational banking and financial services corporation

Key facts

Company type: Public
Traded as: Euronext Amsterdam : INGA , NYSE : ING , AEX component
Isin: NL0011821202
Industry: Financial services
Founded: 1991 through merger , (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: Asset management Banking Commodities Credit cards Equities trading Insurance Investment management Mortgage loans Mutual funds Exchange-traded funds Index funds Private equity Risk management Wealth management
Revenue: € 18.561 billion (2022)
Operating income: €5.5 billion (2022)

Article

ING Group N.V. (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, it 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. ING Bank has been a member in the list of global systemically important banks since the list was created in 2011. 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.