ING PROFILE
ING is a global financial institution with a strong European base,
offering banking services through its operating company ING Bank.
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 wholesale banking services to customers in over 40
countries.
ING Group shares are listed on the exchanges of Amsterdam (INGA AS,
INGA.AS), Brussels and on the New York Stock Exchange (ADRs: ING
US, ING.N).
Sustainability forms an integral part of ING's strategy, evidenced
by ING's ranking as a leader in the banks industry group by
Sustainalytics. ING Group shares are included in the FTSE4Good
index and in the Dow Jones Sustainability Index (Europe and World),
where ING is also among the leaders in the banks industry
group.
IMPORTANT LEGAL
INFORMATION
Elements of this press release contain or may contain information
about ING Groep N.V. and/ or ING Bank N.V. within the meaning of
Article 7(1) to (4) of EU Regulation No 596/ 2014.
Certain 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 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 a number of factors, including, 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) potential consequences of the United Kingdom leaving the
European Union or a break-up of the euro, (4) changes in the fiscal
position and the future economic performance of the US including
potential consequences of a European sovereign debt crisis (5)
potential consequences of a European sovereign debt crisis (6)
changes in the availability of, and costs associated with, sources
of liquidity such as interbank funding, (7) changes in
the conditions in the credit and capital markets generally,
including changes in borrower and counterparty creditworthiness,
(8) changes affecting interest rate levels, (9) inflation and
deflation in our principal markets, (10) changes affecting
currency exchange rates, (11) changes in investor and customer
behaviour, (12) changes in general competitive factors, (13)
changes in or discontinuation of 'benchmark' indices, (14) changes
in laws and regulations and the interpretation and application
thereof, (15) changes in compliance obligations including, but not
limited to, those posed by the implementation of DAC6, (16)
geopolitical risks, political instability and policies and actions
of governmental and regulatory authorities, (17) changes in
standards and interpretations under International Financial
Reporting Standards (IFRS) and the application thereof, (18)
conclusions with regard to purchase accounting assumptions and
methodologies, and other changes in accounting assumptions and
methodologies including changes in valuation of issued securities
and credit market exposure, (19) changes in ownership that could
affect the future availability to us of net operating loss, net
capital and built-in loss carry forwards, (20) changes in credit
ratings, (21) the outcome of current and future legal and
regulatory proceedings, (22) operational risks, such as system
disruptions or failures, breaches of security, cyber-attacks, human
error, changes in operational practices or inadequate controls
including in respect of third parties with which we do business,
(23) risks and changes related to cybercrime including the effects
of cyber-attacks and changes in legislation and regulations related
to cybersecurity and data privacy, (24) the inability to protect
our intellectual property and infringement claims by third parties,
(25) the inability to retain key personnel, (26) business,
operational, regulatory, reputation and other risks in connection
with climate change, (27) ING's ability to achieve its strategy,
including projected operational synergies and cost-saving
programmes and (28) the other risks and uncertainties detailed in
the most recent annual report of ING Groep N.V. (including the Risk
Factors contained therein) and ING's more recent disclosures,
including press releases, which are available on www.ING.com, (29)
this document may contain inactive textual addresses to internet
websites operated by us and third parties. Reference to such
websites is made for information purposes only, and information
found at such websites is not incorporated by reference into this
document. ING does not make any representation or warranty with
respect to the accuracy or completeness of, or take any
responsibility for, any information found at any websites operated
by third parties. ING specifically disclaims any liability with
respect to any information found at websites operated by third
parties. ING cannot guarantee that websites operated by third
parties remain available following the publication of this
document, or that any information found at such websites will not
change following the filing of this document. Many of those factors
are beyond ING's control.
Any forward looking statements made by or on behalf of ING speak
only as of the date they are made, and ING assumes no obligation to
publicly update or revise any forward-looking statements, whether
as a result of new information or for any other reason. Any forward
looking statements made by or on behalf of ING speak only as of the
date they are made, and ING assumes no obligation to publicly
update or revise any forward-looking statements, 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 purchase, any securities in the United
States or any other jurisdiction. |