Wholesale Banking

Robust Europe–Asia capital flows in 2025; momentum in Trade Finance; Energy and digital infrastructure sectors drive APAC growth

26 November 2025

Reading time: 2 min

In a Bloomberg interview, Uday Sareen, chief executive and head of Wholesale Banking APAC, said Asia is a key growth engine for ING, driven by trade finance, transaction services, sustainable finance and cross-border capital flows. ING focuses on EU–ASEAN, EU–India and EU–North Asia, with Europe–India trade accelerating.

In an interview with Bloomberg’s Insight with Haslinda Amin, Uday Sareen, chief executive and head of Wholesale Banking APAC, outlined why the region is a key growth engine for ING. He highlighted core strengths driving this momentum: trade finance and transaction services, sustainable finance for infrastructure and the energy transition, and cross-border capital flows connecting Europe and Asia.

Against a backdrop of expanding trade corridors and evolving capital flows, Uday pointed to ING’s focus on the busiest routes: EU–ASEAN (Singapore, Indonesia, Vietnam, Philippines), EU–India, and EU–North Asia (China, Japan, Korea, Hong Kong SAR, Taiwan). He noted that trade between Europe and India continues to accelerate, with Europe now India’s second-largest trading partner. Sustainable finance also remains a major growth driver. ING has mobilised over €110 billion so far this year – up 29 per cent from last year – and is on track to reach €150 billion annually by 2027. In Capital Markets, Uday noted an uptick in euro-denominated issuance alongside USD deals, as Asian clients seek funding diversification and tap into rising euro investment-grade inflows. He also pointed to outbound investment trends, with Chinese companies increasingly viewing Eastern Europe as a gateway to the EU market, especially in sectors such as electric vehicles and batteries.

Originally published on Bloomberg: Opens in a new tabhttps://www.bloomberg.com/news/videos/2025-11-26/insight-with-haslinda-amin-11-26-2025-video