ING publishes historical trend data adjusted for upcoming changes in reporting structure
(Thomson Reuters ONE) -
As previously announced, starting per the first quarter of 2012, ING will adjust
the reporting structure to align it with the changes in ING Bank's governance
structure. Adjusted historical trend data were published today to allow easy
comparison with first quarter 2012 results that will be published 9 May 2012.
The segmentation of the financial results of Retail Banking will be changed
showing results of the operations in the Netherlands, Belgium, Germany and Rest
of World separately. The results of the Commercial Banking operations will be
presented in alignment with the current internal management structure.
Additionally, a geographical breakdown combining retail and commercial banking
results is added to the historical trend data.
The adjusted historical trend data can be downloaded via ing.com.
Press enquiries Investor enquiries
Frans Middendorff Alexander Mollerus
+31 20 576 6385 +31 20 576 6310
Frans.Middendorff(at)ing.com Alexander.Mollerus(at)ing.com
ING PROFILE
ING is a global financial institution of Dutch origin, offering banking,
investments, life insurance and retirement services to meet the needs of a broad
customer base. Going forward, we will concentrate on our position as an
international retail, direct and commercial bank, while creating an optimal base
for an independent future for our insurance and investment management operations
IMPORTANT LEGAL INFORMATION
Certain of the statements contained herein are not historical facts, including,
without limitation, certain statements made of future expectations and other
forward-looking statements that are based on management's current views and
assumptions and involve known and unknown risks and uncertainties that could
cause actual results, performance or events to differ materially from those
expressed or implied in such statements. Actual results, performance or events
may differ materially from those in such statements due to, without limitation:
(1) changes in general economic conditions, in particular economic conditions in
ING's core markets, (2) changes in performance of financial markets, including
developing markets, (3) consequences of a potential (partial) break-up of the
euro, (4) the implementation of ING's restructuring plan to separate banking and
insurance operations, (5) changes in the availability of, and costs associated
with, sources of liquidity such as interbank funding, as well as conditions in
the credit markets generally, including changes in borrower and counterparty
creditworthiness, (6) the frequency and severity of insured loss events, (7)
changes affecting mortality and morbidity levels and trends, (8) changes
affecting persistency levels, (9) changes affecting interest rate levels, (10)
changes affecting currency exchange rates, (11) changes in investor, customer
and policyholder behaviour, (12) changes in general competitive factors, (13)
changes in laws and regulations, (14) changes in the policies of governments
and/or regulatory authorities, (15) conclusions with regard to purchase
accounting assumptions and methodologies, (16) changes in ownership that could
affect the future availability to us of net operating loss, net capital and
built-in loss carry forwards, (17) changes in credit-ratings, (18) ING's ability
to achieve projected operational synergies and (19) the other risk factors and
uncertainties detailed in the Risk Factors
section contained in the most recent annual report of ING Groep N.V.
Any forward-looking statements made by or on behalf of ING speak only as of the
date they are made, and, ING assumes no obligation to publicly update or revise
any forward-looking statements, whether as a result of new information or for
any other reason.
PDF version of Press Release:
http://hugin.info/130668/R/1599156/504468.pdf
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: ING Group via Thomson Reuters ONE
[HUG#1599156]
Unternehmensinformation / Kurzprofil:
Bereitgestellt von Benutzer: hugin
Datum: 02.04.2012 - 08:01 Uhr
Sprache: Deutsch
News-ID 130762
Anzahl Zeichen: 4808
contact information:
Town:
Amsterdam
Kategorie:
Business News
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