ING Groep Investor Relations Material

Internationale Nederlanden Groep, more often than not referred to as ING, is a prominent financial institution based in the Netherlands with a wide-ranging presence globally. The current form of ING came to be in 1991 through the merger of Nationale-Nederlanden and NMB Postbank Group. Since then the company has grown and evolved and now provides a range of services, including retail and commercial banking, insurance, and asset management. The company operates in around 40 countries, serving millions of customers, businesses, and institutions.

The birth of ING Group was the result of a merger between two prominent Dutch companies in the early 90s Nationale-Nederlanden was an insurance company, and NMB Postbank was a large bank originally owned by the Dutch state, which was privatized in 1986. This merger of competencies created a solid foundation for the ING Group to emerge as a universal banking and insurance provider.

The services provided by ING Group span different aspects of the financial sector. On the retail banking side, ING is known for its direct banking model, providing customers with traditional banking services as well as an extensive online banking package. These services include checking and savings accounts, mortgages, and personal loans.

ING Group's presence in the financial sector isn't limited to banking services. The company also offers a variety of insurance products as part of its comprehensive service portfolio. These insurance services cater to diverse customer needs, providing coverage for various life events and situations. Customers can select from life and non-life insurance products, including home insurance, health insurance, and car insurance.

ING is a company firmly planted on Dutch soil but has in the years after its inception grown outside of the country's borders. After its formation, ING Group quickly expanded its footprint outside the Dutch market through several strategic acquisitions in the 1990s and early 2000s, including Belgium's BBL and Poland's Bank Śląski. Today, the company is one of the most important in the European Banking sector and competes with names such as Deutsche Bank, BNP Paribas, and Barclays.