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Get updates on ING Wholesale Banking, from quarterly results to the latest press releases.
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Get updates on ING Wholesale Banking, from quarterly results to the latest press releases.
The urgency of climate change is undeniable and ING wants to play a leading role in accelerating the transition to a low-carbon economy. We published our Climate Progress Update 2024 to inform all of our stakeholders about our approach to climate action and how we’re progressing.
Take a closer look >In a first for ING that underscores its deep capital markets product expertise, the bank has entered into the Islamic debt finance market with a Sukuk issued by Türkiye’s sovereign wealth fund TWF.
ING has established a Sustainable Value Chains team, focused on providing financial services and solutions to new value chains that will need to be built and expanded upon to support the sustainable transition, including energy transition.
“ING recorded another strong set of results in the third quarter of 2023, with net result more than doubling on the prior year", said Steven van Rijswijk, CEO of ING. “Notwithstanding the cooling economy and amid polarising geopolitical developments, which impacted business and consumer confidence, both our Retail and Wholesale Banking businesses posted strong results.
The financial sector has a role to play in acting on climate change and supporting the transition to a net-zero economy. We take this role seriously and want to be a banking leader in driving that transition. In our latest Climate Report, released on 5 October, we share our progress on the path to net zero, including how we engage with clients.
“The second quarter of 2023 was characterised by ongoing challenges, as economic sentiment weakened, geopolitical uncertainties persisted and inflation remained elevated - albeit less pronounced than in previous quarters,” said Steven van Rijswijk, CEO of ING. “In these circumstances, we continued to deliver strong results. The current interest rate environment drove income growth in both Retail and Wholesale Banking, with continued deposit inflows across our retail markets. Despite cooling economies, we had another quarter with lending growth and higher fee income.
Stay up-to-date with ING News. Read the latest finance update for February 2023, covering energy markets, gas prices, inflation and more. This month, we explore the impact of the milder winter on energy markets, the positive effects of lower gas prices on consumers, the hopes for a Fed rescue due to easing inflation worries, the impact of weather on the eurozone, and the start of the rebound in China through consumption.
ING was named as the Best Bank for Trade Finance & Financial Supply Chain - Europe in the TMI Awards for Innovation & Excellence 2022 organised by Treasury Management International (TMI). The organisation highlighted ING’s achievements as well as our drive to support clients in an innovative way.
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