ING Group

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ING Group N.V. (Template:Nyse, Template:Euronext) is a financial institution of Dutch origin offering banking, insurance and asset management services. ING once stood for Internationale Nederlanden Groep.

As of 2003, ING covers 60 million private, corporate and institutional clients in 60 countries with a workforce of over 115,000 people. It has offices in Canada, Spain, France, Italy, Mexico, the USA, Germany, UK, Austria and Australia. It owns ING DIRECT an (almost) Internet-only bank with operations in Australia, Canada, the US, UK, Spain and elsewhere. In the 2005 Forbes Global 2000, ING was the eleventh-largest company in the world.

ING's headquarters is somewhat renowned as an autonomous building.

The company files U.S. Securities and Exchange Commission reports under "ING GROEP NV" [1].

ING's Canadian commercials feature Dutch actor Frederik de Groot.

History

The company was created from the 1991 merger of Nationale-Nederlanden and NMB Postbank Groep.

• 1995: ING acquired investment bank and asset management firm Barings.
• 1997: ING acquired insurer Equitable of Iowa Companies.
• 1997: ING opened ING Direct Canada.
• 1998: ING acquired Banque Bruxelles Lambert (BBL) of Belgium.
• 1999: ING acquired BHF-Bank of Germany.
• 2000: ING acquired US insurers ReliaStar, Aetna Financial Services and Aetna International.
• 2001: ING acquired Bank Śląski of Poland, and insurer Seguros Comercial America of Mexico.
• 2002: ING acquired DiBa bank of Germany
• 2004: ING Insurance Company of Canada acquired Allianz Canada
• 2004: ING sold BHF-Bank of Germany to Sal. Oppenheim

External links

• ING Home page
• Pictures of the ING Group Headquarters, Amsterdam
• ING Financial Partners
• ING Direct
• ING Direct vs Emigrant Direct

Template:AEX companiesde:ING Groep fr:Internationale Nederlanden Groep nl:ING sv:ING