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ING Groep NV (INGA.AS)

INGA.AS on Amsterdam Stock Exchange

11.83EUR
16 Aug 2018
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Latest Key Developments (Source: Significant Developments)

NSI Confirms It Is In Detailed Discussions With ING And Amsterdam
Tuesday, 5 Jun 2018 

June 5 (Reuters) - NSI NV ::CONFIRMS IS IN DETAILED DISCUSSIONS WITH ING AND AMSTERDAM FOR POTENTIAL REDEVELOPMENT OF LAANDERPOORT ASSET.PROJECT DOES NOT HAVE PLANNING CONSENT YET, NOR HAVE ANY OF PARTIES INVOLVED MADE FORMAL COMMITMENTS TO THIS DATE.  Full Article

ING Posts 1Q18 Net Result Of 1.23 Billion Euros
Wednesday, 9 May 2018 

May 9 (Reuters) - ING GROEP NV ::REG-ING POSTS 1Q18 NET RESULT OF €1,225 MILLION.ING'S 1Q18 FOUR-QUARTER ROLLING UNDERLYING ROE WAS 10.3%; FULLY LOADED CET1 RATIO AT 14.3%.1Q18 UNDERLYING PRE-TAX RESULT OF EUR 1,686 MILLION, UP 2.1% YEAR-ON-YEAR.Q1 NET CORE LENDING IN 1Q18 INCREASED BY EUR 12.3 BILLION.ING'S Q1 FOUR-QUARTER ROLLING UNDERLYING ROE WAS 10.3%; FULLY LOADED CET1 RATIO AT 14.3%.REMAIN ON TRACK TO ACHIEVE EUR 900 MILLION COST-SAVINGS GOAL WE SET AS PART OF OUR THINK FORWARD STRATEGY BY 2021.Q1 TOTAL UNDERLYING INCOME EUR 4.46 BILLION VERSUS EUR 4.37 BILLION IN REUTERS POLL.  Full Article

ING Q4 Total Underlying Income At 4.37 Billion Euros
Wednesday, 31 Jan 2018 

Jan 31 (Reuters) - Ing Groep Nv ::ING POSTS 2017 NET RESULT OF EUR 4,905 MILLION; 4Q17 NET RESULT OF EUR 1,015 MILLION.REMAIN COMMITTED TO TARGETS WE COMMUNICATED.PROPOSE A FULL-YEAR 2017 CASH DIVIDEND OF EUR 0.67 PER SHARE.Q4 INTEREST RESULT EUR 3.5 BILLION VERSUS EUR 3.39 BILLION IN REUTERS POLL.Q4 TOTAL UNDERLYING INCOME EUR 4.37 BILLION VERSUS EUR 4.36 BILLION IN REUTERS POLL.END-Q4 CORE TIER 1 RATIO 14.7 PERCENT VERSUS 14.5 PERCENT IN REUTERS POLL.Q4 UNDERLYING NET RESULT EUR 1.00 BLN‍​ VERSUS EUR 1.38 BILLION YEAR AGO.Q4 NET RESULT BANKING EUR 1.00 BILLION VERSUS EUR 0.60 BILLION YEAR AGO‍​.  Full Article

ING Says Now Holds 13-percent Stake in Bank of Beijing
Friday, 29 Dec 2017 

Dec 29 (Reuters) - ING GROEP NV ::‍ING COMPLETES PARTICIPATION IN BANK OF BEIJING SHARE OFFERING​.‍MAINTAINS ITS POSITION AS LARGEST SHAREHOLDER IN BOB WITH STAKE OF 13.0%, DOWN FROM 13.6%​.PARTICIPATION IN OFFERING FOR AN AGGREGATE AMOUNT OF RMB 1.89 BILLION (AROUND EUR 240 MILLION) REPRESENTING 265 MILLION SHARES.‍ING'S PARTICIPATION IN PRIVATE PLACEMENT DOES NOT HAVE MATERIAL IMPACT ON ING'S PROFIT AND LOSS ACCOUNT​.  Full Article

ING Group Announces Common Equity Tier 1 Requirement Will Be 10.4% In 2018​
Thursday, 21 Dec 2017 

Dec 21 (Reuters) - ING GROEP NV ::ING GROUP'S 2017 SREP PROCESS COMPLETED.‍COMMON EQUITY TIER 1 REQUIREMENT FOR ING GROUP WILL BE 10.4% IN 2018.​.  Full Article

ING reports Q3 net result at 1.38 billion euros
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - ING GROEP NV ::REG-ING POSTS 3Q17 NET RESULT OF EUR 1,376 MILLION.‍NET CORE LENDING IN 3Q17 INCREASED BY EUR 8.0 BILLION; NET CUSTOMER DEPOSIT INFLOW AMOUNTED TO EUR 4.2 BILLION​.‍ING 3Q17 UNDERLYING PRE-TAX RESULT OF EUR 1,995 MILLION​.‍ING GROUP 3Q17 FOUR-QUARTER ROLLING ROE IMPROVES TO 11.0%; ING GROUP FULLY LOADED CET1 RATIO REMAINED STABLE AT 14.5%​.Q3 TOTAL UNDERLYING INCOME EUR ‍​4.41 BILLION VERSUS EUR 4.39 BILLION IN REUTERS POLL.FINAL DIVIDEND PROPOSAL WILL BE MADE AT YEAR-END.Q3 REUTERS POLL: TOTAL UNDERLYING INCOME EUR 4.39 BILLION; NET RESULT EUR 1.30 BILLION.Q3 REUTERS POLL: UNDERLYING RESULT BEFORE TAX EUR 1.83 BILLION.  Full Article

ING launches ING Ventures, a fund aimed at investing in fintech companies​
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - ING Groep NV ::Has ‍launched ING ventures, a EUR 300 million fund aimed at investing in fintech companies​.  Full Article

ING expands instant lending to SMEs in France and Italy
Tuesday, 24 Oct 2017 

Oct 24 (Reuters) - ING GROEP NV ::REG-ING EXPANDS INSTANT LENDING TO SMES IN FRANCE AND ITALY.  Full Article

ING Groep announces cost-cutting plan
Monday, 3 Oct 2016 

ING Groep NV : Investment of 800 million euros ($898.48 million) in continued digital transformation in order to further improve customer experience, accelerate growth in primary customers and lending . Programmes to also lead to approximately 900 million euros annual cost savings by 2021 . Intended initiatives impact around 7,000 employees, mostly in Belgium and Netherlands . Countries with similar value propositions intend to harmonise their business models and develop shared operating platforms . In Netherlands And Belgium, we intend to move to an integrated banking platform, . All-In-All, over coming five years, around 7,000 functions might be impacted by these effects, including 950 positions employed by external suppliers . Initiatives are expected to result in a reduction of ING's workforce in Belgium by around 3,500 ftes and by around 2,300 ftes in Netherlands for years 2016-2021 . In line with our strategy, we will be introducing ING Group financial targets for 2020 . Targets for 2020: we will maintain our ING group CET1 ratio above prevailing fully-loaded requirement, currently 12.5 pct, with a leverage ratio above 4 pct . 2020 target for cost/income ratio is 50-52 pct . We intend to start a path of convergence towards one digital banking platform. . Over coming five years, around 7,000 functions might be impacted by these effects, including 950 positions employed by external suppliers.  Full Article

ING Groep sells 46.7 million shares of Kotak Mahindra Bank
Thursday, 29 Sep 2016 

ING Groep NV : Announced sale of 46.7 million ordinary shares of Kotak Mahindra Bank (Kotak) . Shares were sold at a price of INR 782.32 per share . Gross proceeds to ING from offering amount to approximately 490 million euros ($550.22 million) (at current exchange rate) . Sale reduces ING's stake in Kotak from currently 6.4 pct to 3.9 pct .ING's remaining stake in Kotak will be subject to a 90 day lock-up following settlement of transaction which is expected to occur on 4 October 2016.  Full Article

MOVES-Credit Suisse Asia corporate communications head Sheel Kohli leaving

HONG KONG, Aug 15 Credit Suisse Group AG's Asia Pacific head of corporate communications, Sheel Kohli, is leaving the Swiss bank after a 12-year stint, according to an internal note seen by Reuters on Wednesday.