ING Bank is a member of ING Group, a financial company specializing in insurance and banking. ING Bank is a universal bank offering a wide range of products and services to individuals, families, small businesses, large corporations, financial institutions, governments, public and private institutions and supranational bodies. ING Bank is a market leader in "Benelux" countries (the Netherlands, Belgium and Luxembourg) where it currently has strong market positions in retail and commercial banking.
Becoming a client of ING Bank NV can be done in a few steps:
Due to regulatory requirements ING Bank NV performs KYC/AML checks when establishing business relationships with a new client. While onboarding a private individual ING Bank NV will ask him/her to provide the following documents: passport; proof of address. For corporate clients ING Bank NV will ask to provide corporate documentation as well as information about controlling persons. ING Bank NV may request additional documentation or information depending on the case.
ING Bank NV is the 1st largest bank in the Netherlands in terms of total assets. In 2019 its total assets were 891,91 bln EUR. In 2019 the bank's net income was 4 843,00 mln EUR.
ING Bank NV is rated by Fitch, Moody's. Long-term credit rating assigned to the bank by Fitch is AA- (very high credit quality). Long-term credit rating assigned to the bank by Moody's is Aa3 (high grade).
ING Bank NV participates in the deposit guarantee scheme of the Netherlands. This deposit guarantee scheme applies to current accounts, savings accounts, term deposits made by private individuals, legal entities and covers up to up to 100,000 EUR per bank per depositor. ING Bank NV is a member of Deposit Guarantee Fund (DGF) and makes its contributions into it.
ING Bank NV is headquartered in Amsterdam.