ING Group is a Dutch multinational company focused on retail banking, direct banking, investment banking, asset management, and insurance with world headquarters in Amsterdam.
ING has its insurance roots in the 1845 founding of the Fire Insurance Company of the Netherlands. ING has its banking roots in the 1881 founding of creation of the postal savings system by the Dutch government.
In 1991 the banking business of NMB Postbank and the insurance business of Nationale-Nederlanden merged to create ING Group.
ING expanded internationally through acquisitions throughout the 1990’s, including Banque Bruxelles Lambert of Belgium, Bank Slaski of Poland, and Seguros Comercial America of Mexico.
After taking a capital injection from the Dutch government after the global financial crisis the company was forced to divest itself of many businesses round the world, including insurance businesses in Latin America, Asia, Canada, Australia, and New Zealand, as well as ING Direct in the U.S., Canada, and the U.K.
Today ING Group is the world’s largest banking/financial services and insurance conglomerate in the world with annual revenue of $150 billion. The company is the 18th largest company in the world by revenue. ING Group serves 85 million clients in 45 countries and has 85,000 worldwide employees.
ING North America Insurance CorporationING Group is a Dutch multinational company focused on retail banking, direct banking, investment banking, asset management, and insurance with world headquarters in Amsterdam.
ING has its insurance roots in the 1845 founding of the Fire Insurance Company of the Netherlands. ING has its banking roots in the 1881 founding of creation of the postal savings system by the Dutch government.
In 1991 the banking business of NMB Postbank and the insurance business of Nationale-Nederlanden merged to create ING Group.
History
ING expanded internationally through acquisitions throughout the 1990’s, including Banque Bruxelles Lambert of Belgium, Bank Slaski of Poland, and Seguros Comercial America of Mexico.
After taking a capital injection from the Dutch government after the global financial crisis the company was forced to divest itself of many businesses round the world, including insurance businesses in Latin America, Asia, Canada, Australia, and New Zealand, as well as ING Direct in the U.S., Canada, and the U.K.
Today ING Group is the world’s largest banking/financial services and insurance conglomerate in the world with annual revenue of $150 billion. The company is the 18th largest company in the world by revenue. ING Group serves 85 million clients in 45 countries and has 85,000 worldwide employees.
