ING Group is a global financial services company of Dutch origin with 150 years of experience, providing a wide array of banking, insurance and asset management services in over 50 countries. Based on market capitalisation, ING is one of the 20 largest financial institutions worldwide and ranked in the top-10 in Europe.
ING Groep is a multinational corporation that focuses on financial activities and banking services. This corporation is as Dutch owned establishment with a main branch located in Amsterdam. The key business entities of the group includes; insurance services Asset management, investment, retail and direct banking.
The formation of ING Groep can be traced back to two large insurance companies based in Netherlands and Dutch government’s banking services. Before the foundation of what came to be known as ING Groep, Nationale-Nederlanden’s insurance business joined with NMB Postbank Groep banking business to establish ING group in 1986.
Nederlandsche Middenstands Bank had earlier been separately formed after re-organization of banks by the Dutch government while Nationale-Nederlanden insurance company was founded through the merging that occurred between two major insurance companies in Netherlands, these are; De Nederlanden van and Nationale Levensverzekerings Bank which also translates to National Life Insurance Bank. The final merger successfully allowed banking and insurance institutions to work hand in hand.
ING Groep experienced a major boost towards the end of 2009 after raising a total over €7 billion in shares, it also went further to conduct a repurchase of securities which is a representation of almost half of state aid’s €10 billion.
Contact info:Zip Code: 1000 BV AmPostbox: P.O. Box 1800City: AmsterdamCountry: NetherlandsPhone: 31 20 576 6959 Email: firstname.lastname@example.orgWebsite: www.ing.com