ING Groep N.V.
Company Profile
Business Description
ING Groep N.V. is a global financial institution of Dutch origin, operating as a leading bank with a strong European base. It provides a comprehensive range of banking products and services through five key segments: Retail Netherlands, Retail Belgium, Retail Germany, Retail Other, and Wholesale Banking. These include current and savings accounts, time deposits, business and SME loans, residential mortgages, consumer lending, working capital solutions, debt and equity market access, payments, cash management, trade and corporate finance, treasury services, investments, insurance, and digital banking. Serving individual customers, corporate clients, financial institutions, governments, and enterprises, ING Groep N.V. caters to diverse needs across retail and wholesale markets in over 100 countries, with significant presence in Europe, the United States, Australia, and Asia. Founded in 1991 from the merger of Nationale-Nederlanden and NMB Postbank Groep, and headquartered in Amsterdam, the Netherlands, it employs around 60,000 people and manages substantial assets, playing a pivotal role in international finance with emphasis on innovation like direct and internet banking. By 2024, it reported €691.7 billion in deposits and €680.2 billion in outstanding loans.
Profitability & Growth
Profitability
Recent Year-End
Balance Sheet Snapshot
Total Cash (MRQ)
122.55B
Total Debt (MRQ)
263.11B
Book Value / Share
16.40