With more than 26 years of consecutive annual economic growth, Australia has the distinction of having the longest period of recession-free growth among all developed countries in the world. It is also a trusted, reliable supplier of high-quality natural resources, food, education and tourism to the world. In this regard, Australia is the leading global producer of iron ore and gold, and one of the world’s largest LNG exporters. It also ranks high in global rankings for major agricultural commodities production, size of managed fund assets, popularity for students studying overseas and its international tourism market.
ING commenced coverage of wholesale banking clients in Australia in 1997. In 2013, our wholesale banking business was integrated with our retail banking business to form a singular banking presence. Today, we have more than AUD 57bn in lending assets and close to 1,400 staff members in Australia.
The wholesale banking team has dedicated resources on the ground, with expertise in sectors such as infrastructure, energy (oil & gas, utilities, power and renewables), real estate, food & agriculture and financial institutions.