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03 March 2023
ING’s March monthly economic outlook: the search for a new equilibrium
Recent optimism may have been short-lived as a more prolonged period of subdued growth is anticipated in the eurozone, and the US economy is also expected to experience a significant slowdown. The major economies are still not in harmony, and it is unclear how they will achieve renewed balance.
13 February 2023
February 2023 Finance News and Insights Around the World
Stay up-to-date with ING News. Read the latest finance update for February 2023, covering energy markets, gas prices, inflation and more. This month, we explore the impact of the milder winter on energy markets, the positive effects of lower gas prices on consumers, the hopes for a Fed rescue due to easing inflation worries, the impact of weather on the eurozone, and the start of the rebound in China through consumption.
09 February 2023
ING awarded for leadership in Trade Finance
ING was named as the Best Bank for Trade Finance & Financial Supply Chain - Europe in the TMI Awards for Innovation & Excellence 2022 organised by Treasury Management International (TMI). The organisation highlighted ING’s achievements as well as our drive to support clients in an innovative way.
02 February 2023
ING posts FY2022 net result of €3,674 million
“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."
03 November 2022
ING posts 3Q2022 net result of €979 million
“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.
04 July 2022
ING marks five-year anniversary of pioneering sustainability-linked financing
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.
ING steps up renewable energy efforts and restricts financing of new oil & gas fields
24 March 2022ING 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.
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21 June 2022
Decarbonising aluminium: ING joins net-zero working group
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.
03 March 2022
The Russia-Ukraine crisis forces a global reassessment
Reassessing 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.
11 December 2021
ING posts 3Q2021 net result of €1,367 million
“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."
11 November 2021
What ING wants to see at COP26
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.
22 September 2021
ING makes another stride to decarbonise the shipping industry
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.
17 September 2021
ING publishes first integrated climate report
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.