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ING Groep NV (INGA.AS)

INGA.AS on Amsterdam Stock Exchange

10.39EUR
22 Oct 2018
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Latest Key Developments (Source: Significant Developments)

Koos Timmermans To Step Down As CFO And Member Of Executive Board Of ING Group
Tuesday, 11 Sep 2018 

Sept 11 (Reuters) - ING GROEP NV ::KOOS TIMMERMANS TO STEP DOWN AS CFO AND MEMBER OF THE EXECUTIVE BOARD OF ING GROUP.RESIGNATION FOLLOWS ANNOUNCEMENT ON 4 SEPTEMBER 2018 OF SETTLEMENT REGARDING SHORTCOMINGS IN EXECUTION OF CUSTOMER DUE DILIGENCE POLICIES.SEARCH PROCESS FOR A SUCCESSOR FOR KOOS TIMMERMANS HAS BEEN STARTED.KOOS TIMMERMANS HAS AGREED TO REMAIN IN HIS POSITION UNTIL SUCCESSION PROCESS.  Full Article

ING Receives Notice From SEC On Conclusion Of Investigation
Wednesday, 5 Sep 2018 

Sept 5 (Reuters) - ING GROEP NV ::REG-ING RECEIVES NOTICE FROM SEC ON CONCLUSION OF INVESTIGATION.DIVISION OF ENFORCEMENT DOES NOT INTEND TO RECOMMEND AN SEC ENFORCEMENT ACTION AGAINST ING.  Full Article

ING Reaches Settlement Agreement With Dutch Authorities On Regulatory Issues In ING Netherlands Business
Tuesday, 4 Sep 2018 

Sept 4 (Reuters) - ING GROEP NV ::REG-ING REACHES SETTLEMENT AGREEMENT WITH DUTCH AUTHORITIES ON REGULATORY ISSUES IN THE ING NETHERLANDS BUSINESS.SAYS AGREES TO PAY A FINE OF EUR 675 MILLION AND EUR 100 MILLION FOR DISGORGEMENT.ACKNOWLEDGES SERIOUS SHORTCOMINGS IN EXECUTION OF CUSTOMER DUE DILIGENCE POLICIES TO PREVENT FINANCIAL ECONOMIC CRIME AT ING NETHERLANDS IN PERIOD INVESTIGATED (2010-2016).SINCERELY REGRETS THAT THESE SHORTCOMINGS ENABLED CUSTOMERS TO MISUSE ACCOUNTS OF ING NETHERLANDS.INITIATED MEASURES AGAINST A NUMBER OF (FORMER) SENIOR EMPLOYEES WITH BROADER RESPONSIBILITY FOR THE SAFEGUARDING AND EXECUTION OF FEC CDD POLICIES AND PROCEDURES IN ING NETHERLANDS.ING NETHERLANDS HAS TAKEN VARIOUS STEPS TO ENHANCE ITS COMPLIANCE RISK MANAGEMENT AND WILL FURTHER STRENGTHEN ITS COMPLIANCE CULTURE AND AWARENESS.SAYS BASED ON SETTLEMENT AGREEMENT ANNOUNCED TODAY, ING EXPECTS THAT THIS MATTER WILL ALSO BE RESOLVED WITH SEC.EVENT TO HAVE A COMBINED IMPACT ON ING GROUP'S Q3 2018 NET RESULT OF EUR 775 MILLION.  Full Article

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

BB Energy raises $245 mln revolving credit facility

DUBAI, Oct 18 Trading company BB Energy has raised a $245 million revolving credit facility to refinance existing credit and for general corporate purposes, it said on Thursday.