Portugal is an open economy where services account for two thirds of GDP. The machinery, transportation equipment and metal and mineral products sectors are main economic/export drivers, along with more traditional areas that were able to reinvent themselves in recent years, such as textile and shoe-making. Portugal also possesses a wealth of natural resources, including forests which cover nearly one-third of the country’s land. Portugal's strategic location makes it a gateway to Europe, the Americas and the Portuguese speaking African countries.
ING started its banking operations in Portugal in 1998. Since then, our Lisbon-based branch (“sucursal”) has been dedicated to wholesale banking, offering corporate clients and financial institutions access to a wide range of financial services. ING has become a major bank to Portugal’s largest companies and has led and participated in the financing of reference projects in the country in different sectors, including infrastructure, power, transportation and real estate. The bank also provides transactional banking services to Portuguese subsidiaries of multinational companies.
A banking partnership with ING provides you with the backing of a proactive bank that looks at things from your perspective. Our financial experts develop a reliable long-term vision of your specific banking needs, enabling us to offer you tailor-made financial products and sound strategic advice. We possess in-depth knowledge of debt market funding and structured finance products, which has already proven successful for many Portuguese corporates and financial institutions.
- Present in Portugal since 1998
- Custom-built solutions
- Solid experience in capital markets and structured finance
- Strong capabilities on corporate lending, payments and cash management
- International presence comprising more than 40 countries