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 51,000 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. 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. |