The economy of Australia is one of the largest mixed markets in the world. While dominated by its service sector, growth is largely dependent on the mining and agricultural sectors exporting its products to the East Asian markets. Its economy relies heavily on the export of commodities rather than manufacturing. Major Australian exports include wheat and wool, minerals such as iron ore and gold, and energy in the forms of liquefied natural gas and coal, as it is also home to some of the largest companies in the world.
ING, through its wholly owned subsidiary ING Bank (Australia) Limited ("IBAL") has held a full banking license in Australia since 1999 and is currently the fifth largest mortgage lender in the country.
ING Wholesale Banking has a long history of corporate lending activities in the country and currently has dedicated teams covering the utilities and real estate finance sectors together with a corporate clients coverage team. The local team has been involved in almost every large infrastructure deal in Australia since 2009 and has a real estate lending portfolio covering a wide range of commercial buildings in major cities across Australia.
The team looks to build long term relationships with its client base through the delivery of integrated financial solutions as well as leveraging ING’s global network and industry groups to support its client needs. So, please get in touch and tell us how we can help you.
- Large global footprint across Europe, US and Asia
- Global network of experts covering most sectors with regional coverage from Singapore