ING Bank Vice-chairman Koos Timmermans to speak at Goldman Sachs conference
(Thomson Reuters ONE) -
Koos Timmermans, Vice-chairman of ING Bank, will address international analysts
and investors at the Goldman Sachs European Financials Conference in Rome today.
ING's Think Forward Strategy is one of the topics Mr. Timmermans will elaborate
on. He will talk about the digital transformation of both Retail and Commercial
Banking which is gaining momentum, illustrated by the rapidly growing proportion
of customers who are in contact with ING via a mobile device. In the
Netherlands, for example, this number grew from 24% in 2012 to 64% in Q1 2015.
Mr. Timmermans, responsible for ING's Benelux activities, will also review the
bank's financial performance in this important region where ING has top three
market shares in both Retail and Commercial Banking and give an overview of ING
Group's strong Q1 2015 results.
The recent deconsolidation of NN Group by ING Group will be addressed by Mr.
Timmermans as well. The remaining stake in NN has been brought back to 38.2%
over the past few weeks resulting in a pro-forma CET1 ratio for ING Group of
approximately 12.4% on a fully loaded basis.
The full presentation by Mr. Timmermans can be viewed/downloaded via ING's
corporate website www.ing.com/presentations or via www.slideshare.net.
Note for editors
For further information on ING, please visit www.ing.com. Frequent news updates
can be found in the Newsroom or via the (at)ING_news twitter feed. Photos of ING
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ING presentations are available at SlideShare.
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Press enquiries Investor enquiries
Diederik Heinink ING Group Investor Relations
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diederik.heinink(at)ing.com Investor.Relations(at)ing.com
ING Profile
ING is a global financial institution with a strong European base, offering
banking services through its operating company ING Bank and holding a
significant stake in the listed insurer NN Group NV. The purpose of ING Bank is
empowering people to stay a step ahead in life and in business. ING Bank's
53,000 employees offer retail and commercial banking services to customers in
over 40 countries.
ING Group shares are listed (in the form of depositary receipts) on the
exchanges of Amsterdam (INGA NA, ING.AS), Brussels and on the New York Stock
Exchange (ADRs: ING US, ING.N).
Sustainability forms an integral part of ING's corporate strategy, which is
evidenced by ING Group shares being included in the FTSE4Good index and in the
Dow Jones Sustainability Index (Europe and World) where ING is the industry
leader in the diversified financials group.
Important legal information
Certain of the statements contained in this document 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) ING's
implementation of the restructuring plan as agreed with the European
Commission, (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 risks
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. This document does not constitute an offer to sell,
or a solicitation of an offer to buy, any securities.
PR GS Conference Rome:
http://hugin.info/130668/R/1928710/692611.pdf
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire 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 GlobeNewswire
[HUG#1928710]
Unternehmensinformation / Kurzprofil:
Datum: 16.06.2015 - 08:31 Uhr
Sprache: Deutsch
News-ID 400655
Anzahl Zeichen: 6778
contact information:
Town:
Amsterdam
Kategorie:
Business News
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"ING Bank Vice-chairman Koos Timmermans to speak at Goldman Sachs conference"
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