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Get updates on ING Wholesale Banking, from quarterly results to the latest press releases.
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Get updates on ING Wholesale Banking, from quarterly results to the latest press releases.
“Looking back, 2022 was an extraordinary year,” said ING CEO Steven van Rijswijk. “The outbreak of war in Ukraine – first and foremost an immense human tragedy – had a far-reaching impact on people’s lives, on societies and on economies, causing energy and price shocks and driving up inflation and interest rates. Despite the challenging operating conditions and lingering effects of Covid-19, we performed well."
Read moreRarely have predictions for an upcoming year been so difficult and wide-ranging. But we are sure of some things, and we are doing our best to help you navigate this unprecedented uncertainty.
“I’m pleased with our solid performance, especially in light of the challenging economic and geopolitical environment,” said Steven van Rijswijk, CEO of ING. “Our strategy and our strong, diversified balance sheet are paying off. Total income this quarter was €4,412 million. Without two exceptional items it would have been €5,043 million, as we benefitted from higher interest rates, supporting our revenues in both Retail and Wholesale Banking.
“The backdrop to ING’s performance in the second quarter of 2022 was one of ongoing geopolitical uncertainty and pressure on the global economy,” said ING CEO Steven van Rijswijk. “Despite these difficult operating conditions, I’m pleased with our results. I believe resilience and adaptability are two of ING’s core strengths, and we showed these qualities once again."
Sustainability-linked finance deals have become so commonplace in recent years that, on the face of it, there’s nothing remarkable about them anymore. And that’s perhaps the greatest measure of success you could want for this financial innovation that was launched by ING five years ago.
What do buildings, boats, cars, planes, soda cans, mobile phones, computers, appliances and food packaging have in common? All are made with aluminium, a lightweight, recyclable and highly versatile metal that’s an unmissable part of our everyday lives.
“The first quarter of 2022 was marked by the terrible invasion of Ukraine, which is having a devastating impact on people’s lives and is threatening international stability and security,” said ING CEO Steven van Rijswijk. “Our first priority is to support our colleagues and their families, our clients and the humanitarian efforts in Ukraine and surrounding countries."
ING has worked hard over the years to build a power generation lending book that’s 60% renewables, outperforming by far the most ambitious climate goal of the Paris Agreement. Today we go a step further and announce that we aim to grow new financing of renewable energy by 50% by year-end 2025 and will no longer provide dedicated finance to new oil & gas fields.
Read news itemReassessing our economic and market forecasts to reflect the impact of the war in Ukraine and look at how central banks are likely to respond to the prospect of weaker growth and surging inflation in Europe.
“I’m pleased with our results in the third quarter,” said ING CEO Steven van Rijswijk. "We saw continued lending growth in mortgages, whereas loan demand from businesses was influenced by the economic effects of the Covid pandemic. We saw strong fee growth in account package fees, investment products and lending."
All eyes are on Glasgow for the long-awaited global climate meeting known as COP26, which is taking place from 31 October to 12 November. ING CEO Steven van Rijswijk has referred to it as a ‘moment of truth’. The world is watching to see whether world leaders will align their countries’ emissions reduction strategies with what’s needed to meet global climate goals.
ING has joined over 150 shipping industry leaders to urge world governments to deliver the policies that will supercharge shipping decarbonisation and make zero-emissions shipping the default choice by 2030.
ING today published our first integrated climate report, which for the first time gives one overview of all of the elements of our climate action approach.
ING is a two-time winner at Global Finance’s inaugural 2021 Sustainable Finance Awards, taking the top spot in the categories for Outstanding Leadership in Sustainable Bonds and in Sustainable Loans in the highly competitive Western Europe region.