|
Press Releases |
 |
|
|
| 10 November 2010 |
Group |
 |
ING announces board changes in Banking and Insurance
ING Group today gave an update on the progress it is making towards its strategic priorities, creating strong stand-alone companies for banking and insurance. In line with this process, ING announced a number of changes in the structure and composition of the Management Boards for Insurance and Banking. |
|
| 10 November 2010 |
Group |
 |
ING posts 3Q underlying net profit of EUR 1,043 million
"We continue to make good progress towards our strategic priorities as we work to create strong stand-alone companies for banking and insurance. The operational separation is gaining momentum and costs for this year are coming in at the low end of our expectations. While the option of one IPO remains open, we are going to prepare ourselves for a base case of two IPOs for our insurance businesses: one Europe-led IPO with solid cashflow combined with strong growth positions in developing markets, and one separate US-focused IPO with a leading franchise in retirement services. For that reason, we are aligning our management structure for Insurance and taking action to bring the hedging and accounting for our US business more into line with US peers," said Jan Hommen, CEO of ING Group. |
|
| 11 August 2010 |
Group |
 |
ING posts 2Q underlying net profit of EUR 1,202 million
"ING continued to build earnings momentum in the second quarter, particularly at the banking business, as commercial growth gained pace and market conditions further improved," said Jan Hommen, CEO of ING Group. "The underlying net profit for the Group increased to EUR 1,202 million in the second quarter, up from EUR 212 million a year earlier when markets were more volatile. Underlying earnings also continued their upward trend compared with the strong first quarter, increasing 18% from EUR 1,018 million, despite concerns about economic recovery in the eurozone that dominated markets during the quarter."
|
|
| 12 May 2010 |
Group |
 |
ING posts 1Q underlying net profit of EUR 1,018 million
"ING made a strong start in 2010 with earnings recovering in both banking and insurance," said Jan Hommen, CEO of ING Group. "The performance of both businesses improved, while market-related impacts diminished in the first quarter as markets generally improved. Insurance sales regained momentum from the fourth quarter, and savings volumes increased although loan growth remained muted. The return on equity for the Group improved substantially to 11.3%." |
|
| 14 April 2010 |
Group |
|
| 17 February 2010 |
Group |
 |
ING posts underlying net profit of EUR 748 million in 2009
"2009 was a tumultuous year for financial markets, and for ING," said Jan Hommen, CEO of ING Group. "Yet even in this challenging environment, we made great strides to improve our operating performance, cut expenses and return to profit on an underlying basis." |
|
| 1 February 2010 |
Investment Management |
 |
ING appoints new head of ING IM Philippines
ING Investment Management (ING IM) Asia/Pacific today announced that ING Bank N.V. Manila
Branch has appointed Paul Joseph “PJ” Garcia as Head of IIM Philippines, with overall responsibility
over the trust business of the Manila Branch. |
|
| 29 January 2010 |
Investment Management |
|
| 27 January 2010 |
Investment Management |
|
|