ING is a global financial institution with a strong European base, offering banking services through its operating company ING Bank. ING Bank’s goal is to empower people to stay ahead in life and in business. ING Bank’s more than 57,000 employees provide retail and wholesale banking services to customers in over 40 countries.
ING Group shares are listed on the Amsterdam Stock Exchange (INGA NA, INGA.AS), Brussels Stock Exchange and the New York Stock Exchange (ADR: ING US, ING.N).
Sustainability is an integral part of ING’s strategy, as evidenced by ING’s leading position in sector benchmarks. ING’s ESG rating by MSCI was confirmed to be ‘AA’ in December 2021. ING Group shares are included in the main sustainability index and environmental, social and governance (ESG) index products of leading providers STOXX, Morningstar and FTSE Russell. In January 2021, ING received an ESG assessment score of 83 (“strong”) from S&P Global Ratings.
IMPORTANT LEGAL INFORMATION
Elements of this press release contain or may contain information about ING Groep NV and/or ING Bank NV within the meaning of Article 7, paragraphs 1 to 4, of EU Regulation No 596/2014.
Some 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 beliefs 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 referred to in these statements due to a number of factors, including, without limitation: (1) changes in general economic conditions and customer behavior , in particular economic conditions in ING’s principal markets, including changes affecting exchange rates and the regional and global economic impact of Russia’s invasion of Ukraine and related international response measures (2) the effects of the Covid-19 pandemic and related response measures, including lockdowns and travel restrictions, on the economic conditions of the countries in which ING operates, on ING’s business and operations and on employees , customers and counterparties of ING (3) changes affecting interest rate levels (4) any failure of a major market player and associated market disruptions (5) Changes in financial market performance, including in Europe and developing markets (6) Fiscal uncertainty in Europe and the United States (7) Stopping or variations in “benchmark” indices (8) inflation and deflation in our major markets (9) changes in conditions in the credit and capital markets generally, including changes in the creditworthiness of borrowers and counterparties (10) failures of banks within the jurisdiction state compensation schemes (11) failure to comply with or change laws and regulations, including those relating to financial services, financial economic crimes and tax laws, and their interpretation and application (12) geopolitical risks , political and political instabilities and actions of governments and regulatory authorities, including in the context of Russia’s invasion of Ukraine and international response measures related (13) legal and regulatory risks in certain countries with less developed legal and regulatory frameworks (14) prudential supervision and regulation, including with respect to stress tests and regulatory restrictions on dividends and distributions (also among members of the group) (15) the regulatory consequences of the withdrawal of the United Kingdom from the European Union, including authorizations and equivalence decisions (16) the ability of ING to meet minimum capital and other requirements prudential regulatory (17) changes in regulation of the US commodities and derivatives business of ING and its clients (18) application of bank recovery and resolution regimes, including write-down and conversion powers relating to our securities (19) the outcome of current and future litigation, enforcement proceedings, investigations or other regulatory actions , including complaints from customers or stakeholders who believe they have been deceived or treated unfairly, and other conduct issues (20) changes in tax laws and regulations and risks of non-compliance or investigation in connection with tax laws, including including FATCA (21) operational and IT risks, such as system disruptions or failures, security breaches, cyber-attacks, human error, changes in operational practices or inadequate controls, including in relation to third parties we do business with (22) cybercrime risks and challenges, including the effects of cyberattacks and changes in cybersecurity and data privacy laws and regulations (23) changes in competitive factors general, including the ability to increase or maintain our market share (24) inability to protect our intellectual property and infringement claims by third parties (25) inability of counterparties to meet their financial obligations or ability to enforce rights against such counterparties (26) changes in credit ratings (27) activities, operations, risks and regulatory, reputational, transition and other challenges related to climate change and ESG issues (28) inability to attract and retain key personnel (29) future defined benefit pension plan obligations (30) inability to manage business risks, including in relation to the use of models, the use of derivatives or the maintenance of appropriate policies and guidelines (31) changes in capital and credit markets, including interbank funding, as well as customer deposits, which provide liquidity and capital to fund our operations, and (32) other risks and uncertainties detailed in ns the latest annual report of ING Groep NV (including the risk factors contained therein) and the most recent information from ING, including press releases, which are available on www.ING.com.
This document may contain inactive text addresses to websites operated by us and third parties. Reference to such websites is made for informational purposes only and information found on such websites is not incorporated by reference herein. ING makes no representations or warranties as to the accuracy or completeness of the information found on websites operated by third parties, and assumes no liability in respect thereof. ING expressly disclaims any responsibility for any information found on websites operated by third parties. ING cannot guarantee that websites operated by third parties will remain available after the publication of this document, or that any information found on these websites will not change after the filing of this document. Many of these factors are beyond ING’s control.
Any forward-looking statement made by or on behalf of ING speaks only as of the date on which it is made, and ING undertakes no obligation to publicly update or revise any forward-looking statement, 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 in the United States or any other jurisdiction.