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ING Group N. V.
TypePublic (Euronext: INGA, NYSE: ING)
Founded1991
HeadquartersAmsterdam, the Netherlands
Key peopleMichel Tilmant, Chairman of the Executive Board[1]
Cornelius Herkströter, Chairman of the Supervisory Board[2]
John Hele, Chief Financial Officer[3]
IndustryFinancial services
ProductsBanking
Insurance
Asset management
Revenue▲ € 76. A public company usually refers to a company that is permitted to offer its registered securities ( Stock, bonds, etc Euronext NV is a pan- European Stock exchange based in Paris and with subsidiaries in Belgium, France, Netherlands The New York Stock Exchange ( NYSE) is a Stock exchange based in New York City. Year 1991 ( MCMXCI) was a Common year starting on Tuesday (link will display full calendar of the Gregorian Calendar. Amsterdam (pronounced) is the capital and largest city of the Netherlands, located in the province of North Holland in the west The Netherlands ( Dutch:, ˈnedərlɑnt is the European part of the Kingdom of the Netherlands, which consists of the Netherlands the Netherlands Michel Tilmant (born July 21, 1952) is the current CEO of ING Group, a globally operating banking and insurance business based in The Netherlands For other uses of this term see Industry (disambiguation An industry (from Latin industrius, "diligent industrious" Financial services refer to services provided by the finance industry. In Marketing, a product is anything that can be offered to a Market that might satisfy a want or need A banker or bank is a Financial institution whose primary activity is to act as a payment agent for customers and to borrow and lend money Insurance, in Law and Economics, is a form of Risk management primarily used to hedge against the Risk of a contingent loss In business revenue or revenues is Income that a company receives from its normal business activities usually from the sale of goods and services Please update other articles as well to avoid contradiction within Wikipedia e 587 billion (2007)
Operating income▲ € 11. In financial and business Accounting, earnings before interest and taxes (EBIT is a measure of a firm's profitability that excludes interest and income tax expenses Please update other articles as well to avoid contradiction within Wikipedia e 043 billion (2007)
Net income▲ € 9. Net income is equal to the Income that a firm has after subtracting costs and Expenses from the total Revenue. Please update other articles as well to avoid contradiction within Wikipedia e 241 billion (2007)
Employees115,218
Websitewww.ing.com
ING House, ING headquarters in Amsterdam
ING House, ING headquarters in Amsterdam

ING Groep N.V. (NYSE: ING, Euronext: INGA) (known as ING Group) is a financial institution of Dutch origin offering banking, insurance and asset management services. Employment is a Contract between two parties, one being the employer and the other being the employee. A website (alternatively web site or Web site, a back-construction from the Proper noun World Wide Web) is a collection of Web pages Amsterdam (pronounced) is the capital and largest city of the Netherlands, located in the province of North Holland in the west nl '''''Naamloze Vennootschap''''' (usually abbreviated NV) is the Dutch term for a Public Limited liability Corporation. The New York Stock Exchange ( NYSE) is a Stock exchange based in New York City. Euronext NV is a pan- European Stock exchange based in Paris and with subsidiaries in Belgium, France, Netherlands In Financial economics, a financial institution acts as an agent that provides Financial services for its clients or members The Netherlands ( Dutch:, ˈnedərlɑnt is the European part of the Kingdom of the Netherlands, which consists of the Netherlands the Netherlands A banker or bank is a Financial institution whose primary activity is to act as a payment agent for customers and to borrow and lend money Insurance, in Law and Economics, is a form of Risk management primarily used to hedge against the Risk of a contingent loss ING stands for Internationale Nederlanden Groep.

As of 2007, ING covers 75 million private, corporate and institutional clients in 50 countries with a workforce of over 120,000 people. Year 2007 ( MMVII) was a Common year starting on Monday of the Gregorian calendar in the 21st century. It has offices in Australia, Austria, Belgium, Bulgaria, Canada, Chile, Colombia, France, Germany, India, Italy, Mexico, New Zealand, Peru, Poland, Romania, Spain, Taiwan, Turkey, UK and United States. For a topic outline on this subject see List of basic Australia topics. Austria (Österreich ( officially the Republic of Austria (Republik Österreich The Kingdom of Belgium is a Country in northwest Europe. It is a founding member of the European Union and hosts its headquarters as well as those The state of Bulgaria (България transliterated bg-Latn ''Balgaria'' The country preserves the traditions (in ethnic name language and alphabet of the First Bulgarian Country to "Dominion of Canada" or "Canadian Federation" or anything else please read the Talk Page Chile, officially the Republic of Chile ( Spanish:) is a country in South America occupying a long and narrow Coastal strip wedged between the Colombia (kəˈlʌmbɪə officially the Republic of Colombia () is a country in northwestern South America. This article is about the country For a topic outline on this subject see List of basic France topics. Germany, officially the Federal Republic of Germany ( ˈbʊndəsʁepuˌbliːk ˈdɔʏtʃlant is a Country in Central Europe. India, officially the Republic of India (भारत गणराज्य inc-Latn Bhārat Gaṇarājya; see also other Indian languages) is a country Italy (Italia officially the Italian Republic, (Repubblica Italiana is located on the Italian Peninsula in Southern Europe, and on the two largest The United Mexican States ( or commonly Mexico (ˈmɛksɪkoʊ () is a federal constitutional Republic in North America. New Zealand is an Island country in the south-western Pacific Ocean comprising two main landmasses (the North Island and the South Island Peru (Perú Piruw Piruw officially the Republic of Peru ( reˈpuβlika del peˈɾu is a country in western South America. Poland (Polska officially the Republic of Poland Romania ( dated: Rumania, Roumania Spain () or the Kingdom of Spain (Reino de España is a country located mostly in southwestern Europe on the Iberian Peninsula. Taiwan ( Taiwanese: Tâi-oân/Tāi-oân (historically 大灣/台員/大員/台圓/大圓/台窩灣 is an Island in East Asia. Turkey (Türkiye known officially as the Republic of Turkey ( is a Eurasian Country that stretches The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom, the UK or Britain,is a Sovereign state located The United States of America —commonly referred to as the It owns ING Direct, a virtual bank with operations in Australia, Canada, Spain, UK, USA and elsewhere. ING Direct is a marketing name for a branchless direct bank with operations in Australia, Canada, France, Germany (branded A virtual bank is a Bank with a very small or nonexistent branch network. In the 2008 Forbes Global 2000, ING was the ninth-largest company in the world. The Forbes Global 2000 is an annual ranking of the top 2000 Public companies in the world by Forbes magazine


Contents

Advertising and sponsorship

ING's Canadian commercials feature Dutch actor Frederik de Groot. Country to "Dominion of Canada" or "Canadian Federation" or anything else please read the Talk Page Frederik Percy de Groot (born May 23, 1946 in Bilthoven) is a Dutch actor In Australia, they feature Scottish comedian Billy Connolly. For a topic outline on this subject see List of basic Australia topics. Scotland ( Gaelic: Alba) is a Country in northwest Europethat occupies the northern third of the island of Great Britain. Billy Connolly, CBE (born William Connolly Jr on 24 November, 1942) is a Scottish

From 2007, ING became the title sponsor of the Renault Formula One team. Pre-season testing Pre-season testing began in November 2006 at the Circuit de Catalunya, with ten of the eleven teams participating in the test sessions 1970s and 1980s 1977 Renault first involvement in Formula One was made by the Renault Sport subsidiary This will continue until at least 2009. Teams Teams Signed with FOM The following teams are signed with Formula One Management to compete in the 2009 season In November 2006, ING was announced as the naming rights sponsor of the Australian Grand Prix and Belgian Grand Prix in a three-year deal; The "ING Australian Grand Prix" and "2007 ING Belgian Grand Prix" will be the first of 2007 season. Naming rights are the right to name a piece of Property, either tangible property or an event usually granted in exchange for financial considerations The Australian Grand Prix is a Formula One race that is part of the annual Formula One championship season The Belgian Grand Prix is an Automobile race, part of the Formula One World Championship The 2007 ING Australian Grand Prix was a Formula One motor race held on March 18 2007 at the Melbourne Grand Prix Circuit. The 2007 Belgian Grand Prix was the fourteenth race of the 2007 Formula One season, returning to the F1 calendar after a year's absence ING has also become sponsor of the Hungarian Grand Prix, making it the "ING Magyar Nagydíj".

In recent years, ING has been the title sponsor of the New York City Marathon and the San Francisco famous Bay to breaker. The New York City Marathon ( ING New York City Marathon for Sponsorship reasons is a major annual marathon (42 This sponsorship deal will continue until 2010. For the film see 2010 The Year We Make Contact. For the book see 2010 Odyssey Two.

Headquarters building

ING has a widely-admired headquarters building near Schiphol airport in Amsterdam. Amsterdam Airport Schiphol is the Netherlands ' main Airport, located 20 minutes (17 Amsterdam (pronounced) is the capital and largest city of the Netherlands, located in the province of North Holland in the west Designed by Roberto Meyer and Jeroen van Schooten, the light-infused building features loggias, patios, interior gardens and sweeping views from an unusually large percentage of the offices, but what most strikes passersby on the ringroad and metro is that since it is supported by tall (9 to 12 meters high) posts so that a rail or auto passenger looks under, not at it. It is also somewhat renowned as an autonomous building. An autonomous building is a building designed to be operated independently from infrastructural support services such as the Electric power grid municipal water systems

History

The company was created from the 1990 merger of Nationale-Nederlanden and NMB Postbank Groep. Generally a company is a form of Business organization. The precise definition varies

Investigations into investment and business practices

Over the past several years, the ING Group has come under scrutiny over the ethics of some of their business practices. Year 1998 ( MCMXCVIII) was a Common year starting on Thursday (link will display full 1998 Gregorian calendar) The Kingdom of Belgium is a Country in northwest Europe. It is a founding member of the European Union and hosts its headquarters as well as those Year 1999 ( MCMXCIX) was a Common year starting on Friday (link will display full 1999 Gregorian calendar) Germany, officially the Federal Republic of Germany ( ˈbʊndəsʁepuˌbliːk ˈdɔʏtʃlant is a Country in Central Europe. 2000 ( MM) was a Leap year that started on Saturday of the Common Era, in accordance with the Gregorian calendar. The United States of America —commonly referred to as the 2000 ( MM) was a Leap year that started on Saturday of the Common Era, in accordance with the Gregorian calendar. Year 2001 ( MMI) was a Common year starting on Monday according to the Gregorian calendar. Poland (Polska officially the Republic of Poland The United Mexican States ( or commonly Mexico (ˈmɛksɪkoʊ () is a federal constitutional Republic in North America. See also 2002 (disambiguation Year 2002 ( MMII) was a Common year starting on Tuesday of the Gregorian calendar. "MMIV" redirects here For the Modest Mouse album see " Baron von Bullshit Rides Again " "MMIV" redirects here For the Modest Mouse album see " Baron von Bullshit Rides Again " Sal Oppenheim jr & Cie KGaA is one of the largest privately owned banks in Europe headquartered in Luxembourg. Year 2006 ( MMVI) was a Common year starting on Sunday of the Gregorian calendar. The state of Bulgaria (България transliterated bg-Latn ''Balgaria'' The country preserves the traditions (in ethnic name language and alphabet of the First Bulgarian Hungary (Magyarország 'mɔɟɔrorsaːg) officially in English the Republic of Hungary ( Magyar Köztársaság, literally Magyar (Hungarian Republic Year 2007 ( MMVII) was a Common year starting on Monday of the Gregorian calendar in the 21st century. Turkey (Türkiye known officially as the Republic of Turkey ( is a Eurasian Country that stretches Year 2007 ( MMVII) was a Common year starting on Monday of the Gregorian calendar in the 21st century. Spain () or the Kingdom of Spain (Reino de España is a country located mostly in southwestern Europe on the Iberian Peninsula. Year 2007 ( MMVII) was a Common year starting on Monday of the Gregorian calendar in the 21st century. The United States of America —commonly referred to as the ShareBuilder Corporation, (also ShareBuilder Securities Corporation is a United States based online stock brokerage firm founded in 1996 (as NetStock Year 2007 ( MMVII) was a Common year starting on Monday of the Gregorian calendar in the 21st century. South Korea, officially the Republic of Korea and often referred to as Korea ( Korean: 대한민국 tɛː Year 2007 ( MMVII) was a Common year starting on Monday of the Gregorian calendar in the 21st century. The Kingdom of Thailand (ˈtaɪlænd ราชอาณาจักรไทย, râːtɕʰa-ʔaːnaːtɕɑ̀k-tʰɑj 2008 ( MMVIII) is the current year in accordance with the Gregorian calendar, a Leap year that started on Tuesday of the Common The United Mexican States ( or commonly Mexico (ˈmɛksɪkoʊ () is a federal constitutional Republic in North America. 2008 ( MMVIII) is the current year in accordance with the Gregorian calendar, a Leap year that started on Tuesday of the Common The United States of America —commonly referred to as the Ethics is a major branch of Philosophy, encompassing right conduct and good life Business ethics is a form of Applied ethics that examines ethical principles and moral or ethical problems that arise in a business environment In October of 2005, the National Association of Securities Dealers (NASD), the leading private-sector provider of financial regulatory services in the United States, ordered ING Funds Distributor (IFD) to pay fines of $1. In Economics, the private sector is that part of the economy which is both run for private Profit and is not controlled by the State. The United States of America —commonly referred to as the 5 million for permitting improper market timing in ING funds and related violations, $1. Market timing is the strategy of making buy or sell decisions of financial assets (often Stocks by attempting to predict future market price movements 4 million in restitution to affected mutual funds, and a $25,000 fine and 30-day supervisory suspension on an IFD supervisor. The law of restitution is the law of gains-based recovery It is to be contrasted with the law of compensation, which is the law of loss-based recovery A mutual fund is a professionally managed type of collective investments that pools money from many investors and Invests it in Stocks bonds, FINE was created in 1998 and is an informal association of the four main Fair Trade networks F Fairtrade Labelling Organizations International [4]

See also

References

  1. ^ Michel Tilmant, ING. The European Financial Services Roundtable (EFSR is a European organization located in Brussels, Belgium, of financial service companies to provide a voice on policies The Inter-Alpha Group of Banks was created in 1971 by six banks of the European Community in order to provide a platform for the regular exchange of ideas and explore ING Direct is a marketing name for a branchless direct bank with operations in Australia, Canada, France, Germany (branded 1970s and 1980s 1977 Renault first involvement in Formula One was made by the Renault Sport subsidiary Nationale-Nederlanden (NN is one of the largest insurance companies in the Netherlands Retrieved on 2007-12-30. Year 2007 ( MMVII) was a Common year starting on Monday of the Gregorian calendar in the 21st century. Events 1460 - Wars of the Roses: Battle of Wakefield. 1816 - The Treaty of St
  2. ^ Cor Herkströter, ING. Retrieved on 2007-12-30. Year 2007 ( MMVII) was a Common year starting on Monday of the Gregorian calendar in the 21st century. Events 1460 - Wars of the Roses: Battle of Wakefield. 1816 - The Treaty of St
  3. ^ John Hele, ING. Retrieved on 2007-12-30. Year 2007 ( MMVII) was a Common year starting on Monday of the Gregorian calendar in the 21st century. Events 1460 - Wars of the Roses: Battle of Wakefield. 1816 - The Treaty of St
  4. ^ US PR Newswire, “NASD Orders ING Funds Distributor to Pay $1. 5 Million Fine, $1. 4 Million in Restitution for Permitting Improper Market Timing; NASD Also Sanctions ING Funds Distributor Supervisor,” October 3, 2005

External links

Market timing is the strategy of making buy or sell decisions of financial assets (often Stocks by attempting to predict future market price movements
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