Edition:
United States

ING Groep NV (ING)

ING on New York Consolidated

12.36USD
16 Nov 2018
Change (% chg)

$-0.10 (-0.80%)
Prev Close
$12.46
Open
$12.38
Day's High
$12.44
Day's Low
$12.32
Volume
3,261,045
Avg. Vol
3,943,771
52-wk High
$20.58
52-wk Low
$11.47

Latest Key Developments (Source: Significant Developments)

NN Group And ING Groep Terminate Warrant Agreement
Thursday, 15 Nov 2018 04:16am EST 

Nov 15 (Reuters) - NN GROUP NV ::NN GROUP AND ING GROEP TERMINATE WARRANT AGREEMENT.THIS TRANSACTION ELIMINATES POTENTIAL SHARE DILUTION.REACHED AGREEMENT WITH ING TO TERMINATE WARRANT AGREEMENT BETWEEN TWO PARTIES FOR CONSIDERATION OF EUR 76 MILLION.CONSIDERATION WILL BE FUNDED FROM EXISTING CASH RESOURCES.CONSIDERATION WILL RECOGNISED AS A REDUCTION OF NN GROUP'S EQUITY AND OWN FUNDS IN Q4 OF 2018.TRANSACTION WILL NOT IMPACT OPERATING RESULT AND NET RESULT, AND WILL NOT HAVE MATERIAL IMPACT ON SOLVENCY II RATIO.  Full Article

ING Group Says "Fully Acknowledges Outcomes" Of EBA Report
Friday, 2 Nov 2018 01:08pm EDT 

Nov 2 (Reuters) - ING Groep NV ::EBA REPORTS ON OUTCOME OF 2018 EU-WIDE STRESS TEST.NOTES ANNOUNCEMENTS MADE BY EBA ON EU-WIDE STRESS TEST AND "FULLY ACKNOWLEDGES OUTCOMES OF THIS EXERCISE".UNDER HYPOTHETICAL BASELINE SCENARIO & EBA'S METHODOLOGICAL INSTRUCTIONS, CO WOULD HAVE FULLY LOADED CET 1 CAPITAL RATIO 13.99 PERCENT IN 2020.  Full Article

ING Involved In Creation Of Komgo Venture To Launch Blockchain Platform
Wednesday, 19 Sep 2018 11:45am EDT 

Sept 19 (Reuters) - ING GROEP NV ::INDUSTRY PLAYERS AND BANKS JOIN FORCES TO LAUNCH BLOCKCHAIN PLATFORM TO TRANSFORM COMMODITIES TRADE FINANCE.NEW VENTURE KNOWN AS KOMGO SA, THAT WILL SEEK TO DIGITALISE TRADE AND COMMODITIES FINANCE SECTOR THROUGH BLOCKCHAIN BASED PLATFORM.FOUNDERS OF THIS NEW COMPANY, MANAGED AND OPERATED AS AN INDEPENDENT ENTITY, INCLUDE ING.  Full Article

ING Groep NV Files For Potential Mixed Shelf Offering; Size Not Disclosed
Tuesday, 18 Sep 2018 03:31pm EDT 

Sept 18 (Reuters) - ING Groep NV ::ING GROEP NV FILES FOR POTENTIAL MIXED SHELF OFFERING; SIZE NOT DISCLOSED - SEC FILING.ING GROEP NV - MAY OFFER TO SELL DEBT SECURITIES, CAPITAL SECURITIES, ORDINARY SHARES AND ADSS, REPRESENTING CO'S ORDINARY SHARES.  Full Article

ING Completes Acquisition Of Majority Stake In Payvision
Tuesday, 13 Mar 2018 12:59pm EDT 

March 13 (Reuters) - ING GROEP NV ::REG-ING COMPLETES ACQUISITION OF MAJORITY STAKE IN PAYVISION.  Full Article

ING Supervisory Board withdraws remuneration proposal
Tuesday, 13 Mar 2018 02:31am EDT 

March 13 (Reuters) - Ing Groep Nv ::ING SUPERVISORY BOARD WITHDRAWS REMUNERATION PROPOSAL.SUPERVISORY BOARD HAS RECONSIDERED PROPOSAL AND HAS DECIDED TO NOT PUT IT UP FOR A VOTE AT ANNUAL GENERAL MEETING.  Full Article

ING Further Acquires Of Majority Stake In Payvision
Monday, 29 Jan 2018 02:11am EST 

Jan 29 (Reuters) - ING GROEP NV ::ING FURTHER INVESTS IN PAYMENTS BUSINESS WITH ACQUISITION OF MAJORITY STAKE IN PAYVISION.REACHES AN AGREEMENT TO ACQUIRE A 75% STAKE IN PAYVISION.PAYVISION HAS TOTAL VALUE OF EUR 360 MILLION.‍AFTER COMPLETION OF TRANSACTION, PAYVISION'S FOUNDING MANAGEMENT TEAM WILL HOLD A 25% MINORITY STAKE AND WILL CONTINUE TO LEAD COMPANY​.‍TRANSACTION IS EXPECTED TO CLOSE IN Q1 OF 2018​.‍TRANSACTION IS NOT EXPECTED TO HAVE A MATERIAL IMPACT ON ING'S CET 1 RATIO.​.  Full Article

ING Group Announces Common Equity Tier 1 Requirement Will Be 10.4% In 2018​
Thursday, 21 Dec 2017 12:15pm EST 

Dec 21 (Reuters) - ING GROEP NV ::ING GROUP'S 2017 SREP PROCESS COMPLETED.‍COMMON EQUITY TIER 1 REQUIREMENT FOR ING GROUP WILL BE 10.4% IN 2018.​.  Full Article

ING reports Q3 net result at 1.38 billion euros
Thursday, 2 Nov 2017 01:59am EDT 

Nov 2 (Reuters) - ING GROEP NV ::REG-ING POSTS 3Q17 NET RESULT OF EUR 1,376 MILLION.‍NET CORE LENDING IN 3Q17 INCREASED BY EUR 8.0 BILLION; NET CUSTOMER DEPOSIT INFLOW AMOUNTED TO EUR 4.2 BILLION​.‍ING 3Q17 UNDERLYING PRE-TAX RESULT OF EUR 1,995 MILLION​.‍ING GROUP 3Q17 FOUR-QUARTER ROLLING ROE IMPROVES TO 11.0%; ING GROUP FULLY LOADED CET1 RATIO REMAINED STABLE AT 14.5%​.Q3 TOTAL UNDERLYING INCOME EUR ‍​4.41 BILLION VERSUS EUR 4.39 BILLION IN REUTERS POLL.FINAL DIVIDEND PROPOSAL WILL BE MADE AT YEAR-END.Q3 REUTERS POLL: TOTAL UNDERLYING INCOME EUR 4.39 BILLION; NET RESULT EUR 1.30 BILLION.Q3 REUTERS POLL: UNDERLYING RESULT BEFORE TAX EUR 1.83 BILLION.  Full Article

ING launches ING Ventures, a fund aimed at investing in fintech companies​
Wednesday, 25 Oct 2017 11:41am EDT 

Oct 25 (Reuters) - ING Groep NV ::Has ‍launched ING ventures, a EUR 300 million fund aimed at investing in fintech companies​.  Full Article

ING issues green bond worth almost $3 billion

LONDON, Nov 9 Dutch bank ING has issued a green bond worth nearly $3 billion, it said on Friday.