ING CEO Ralph Hamers to present at Bank of America Merrill Lynch Conference
Today, ING CEO Ralph Hamers will address the Bank of America Merrill Lynch Annual Banking, Insurance & Diversified Financials CEO Conference in London.
In his presentation, Ralph Hamers will elaborate on the transformation in the banking industry and how ING is taking advantage of these developments with the Bank's business model and the implementation of ING's 'Think Forward' strategy. He will give an update of the strategy while highlighting several recent innovations that are aimed at creating a differentiating customer experience, which is at the core of the Bank's Think Forward Strategy. Ralph Hamers will also discuss ING's business in Germany, one of the countries where ING is focused on building a more sustainable balance sheet by growing both its retail and commercial banking lending. ING is the third largest privately owned bank in Germany and contributed 17% of ING Bank's pre-tax profit in the first half or 2015.
In addition, Ralph Hamers will highlight ING's strong first half 2015 results, that were announced in August, and ING's strengthened capital position.
Today's presentation by Ralph Hamers can be viewed/downloaded via ING's corporate website www.ing.com or via www.slideshare.net.
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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 more than 52,000 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 among leaders in the Banks industry 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