In the Media
Philippines
In CNBC Asia, Uday Sareen, ING’s chief executive and head of Wholesale Banking APAC, highlights how tariffs are reshaping global trade and driving ING’s growth in Asia. He points to rising demand for transaction services, supply chain diversification, and digital infrastructure investment, while reaffirming ING’s leadership in sustainable finance and strategic support across capital markets.
Tariffs are driving up trade cost, we are seeing companies looking to increase working capital: ING
Faced with intensifying climate threats, the Philippines is shifting focus from vulnerability to resilience through adaptation finance. In a byline for BusinessMirror, Jun Palanca, country manager for ING Philippines, highlights the need for banks to embed climate risk into decision-making and support clients with tailored sustainability-linked financing.
From vulnerability to resilience: financing climate transition in the Philippines
As global trade dynamics shift, Shivkumar (Shiv) Seerapu, ING’s head of Transaction Services for Wholesale Banking APAC, explores how the move from offshoring to friendshoring is reshaping trade flows across the APAC region. He shares insights into the growing importance of regional partnerships, the rise of multi-country trade blocs, and how these changes are driving more resilient supply chains and inclusive economic growth.
How friendshoring can boost Asia’s financial growth
In Euromoney, Martijn Hoogerwerf and Diana Tang from ING’s Sustainable Solutions Group spotlight the Philippines as a regional leader in sustainable finance. They credit ING’s targeted strategy, innovative structuring, and strong partnerships for expanding the market beyond green bonds into social finance and inclusion, supported by robust regulation and rising corporate engagement.
Philippines: Blueprint for sustainable finance in APAC
In conversation with Bloomberg, Andrew Bester, ING’s global head of Wholesale Banking, discusses how tariffs and geopolitical tensions could affect corporate borrowing, deal-making and cross-border capital flows.
ING Wholesale Bank chief on tariffs impact on dealmaking
In a byline for BusinessMirror, Jun Palanca, country manager for ING Philippines, highlights the nation’s renewable energy and sustainable finance boom, spurred by economic stability and climate urgency. He underscores ING’s role in advancing net-zero goals through sustainability bonds and tailored advisory.
Building a sustainable future through renewables, finance
In Bloomberg, ING’s Jacomijn Vels, global head of Sustainable Solutions, underscores the value of Europe’s double materiality principle amid calls to simplify ESG rules. As the EU prepares to review key legislation, Jacomijn warns that losing CSRD’s transparency and consistency would be a setback for investors and banks navigating global sustainability standards.
EU Prepares for Fight Over Contentious Rule: ESG Regulation
Speaking with Euromoney, Uday Sareen, ING’s chief executive and head of Wholesale Banking APAC, and Elvira Kruger, ING’s head of Transaction Services, discuss how tariffs and geopolitical tensions are reshaping the $700 billion US-China trade corridor. As companies build more sophisticated supply chains, banks are rapidly adapting to support new and complex trade flows.
Beyond the US-China Trade Corridor
Sustainability-linked bond (SLB) is down 46% amid greenwashing concerns and weak accountability. In an interview with Bloomberg, Martijn Hoogerwerf, ING’s head of Sustainable Solutions Group for Wholesale Banking APAC, notes waning demand as issuers shift to green bonds and sustainability-linked loans.
A $319 billion corner of ESG bond market faces ‘slow demise’
In an interview with CorporateTreasurer, Martijn Hoogerwerf, head of Sustainable Finance for ING APAC, highlights surging green bond demand, regional ESG shifts, and the need for clearer taxonomies. He sees digital trade and stronger ESG reporting as key drivers of sustainable finance over the next five years.
Q&A: ING’s head of APAC sustainable finance
In Asian Banking & Finance, Jun Palanca, country manager for ING Philippines, urges increased tax incentives to help SMEs embrace sustainability. With SMEs comprising nearly all businesses, he highlights the need for stronger regulatory backing, education and collaboration to accelerate clean energy adoption and green finance.
More tax perks could drive Philippine SMEs to go ‘green’
In Asian Banking & Finance, Jun Palanca, country manager for ING Philippines, reaffirms the bank’s post-retail focus on wholesale banking and shared services, leveraging its global network and sustainability expertise. He highlights three key sector trends—sustainable finance, digital transformation, and infrastructure investment—while noting ING’s continued support through tailored solutions and a €150 billion sustainability target by 2027.
ING strengthens wholesale banking in the Philippines
In Philippine Star, Jun Palanca, country manager for ING Philippines, discusses the bank’s push for sustainability amid the global low-carbon shift, emphasising stakeholder collaboration, BSP’s regulatory backing, and ING’s Terra framework to guide clients and portfolios toward net-zero goals.
Navigating the shift in the banking industry to promote sustainability
In ABS-CBN’s Market Edge, Jun Palanca, country manager for ING Philippines, highlights the country’s potential for sustainable investments across energy, real estate and more, following BSP’s adoption of the Sustainable Finance Taxonomy Guidelines. He reaffirms ING’s commitment to supporting the transition through tailored financing solutions.
Jun Palanca on ABS-CBN
In BusinessWorld, Jun Palanca, country manager for ING Philippines, expects a rise in sustainability bond issuances in 2024, driven by stronger lender and corporate demand, BSP’s push for green finance, and new taxonomy guidelines. He reaffirms ING’s support through innovative products and advisory solutions.
ING Bank sees more sustainability bond issuances
On Bloomberg Markets: Asia, Anju Abrol, ING’s chief executive and head of Wholesale Banking APAC, outlines ING’s strategy in Asia Pacific, emphasising client-centric growth, transition financing, and digital innovation. Speaking with Haslinda Amin, she highlights ING’s role as a long-term partner helping corporates navigate climate and market challenges.
ING's Abrol on APAC Wholesale Banking Strategy
Andrew Bester, ING’s global head of Wholesale Banking, told CNBC Squawk Box Asia that deal-making remains resilient across the bank’s 40 markets, with financing readily available despite muted global growth. Asia remains a key focus, with solid performance in China and supportive policy in Japan. ING mobilised €115 billion in sustainable finance in 2023, advancing its €125 billion annual target and reinforcing its commitment to sustainability.
Asia remains key as ING drives sustainable finance and market resilience
ING projects a 5.4% GDP growth for the Philippines in 2024, citing subdued capital formation as a key constraint despite resilient domestic activity, according to Manila Bulletin. Senior economist Nicholas Mapa expects inflation to ease to 3%, prompting potential rate cuts by the BSP that could strengthen the peso and support economic momentum.
ING forecasts 5.4% PH growth this year
In MONEY FM 89.3’s first C-Suite segment of the year, Anju Abrol, ING’s chief executive and head of Wholesale Banking APAC, reflects on her career journey and cross-disciplinary roots in science, banking, and sustainability. She underscores ING’s purpose-led approach, highlighting the bank’s commitment to financing change and helping clients navigate their transition toward a low-carbon future.
Mind Your Business: Chemistry and finance - ING’s CEO unravels the connection
