ING PROFILEING 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 53,000 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 Leader in the banks industry group by
Sustainalytics and ‘A’ rating in MSCI’s ratings universe. ING Group
shares are included in major sustainability and Environmental,
Social and governance (ESG) index products of leading providers
STOXX, Morningstar and FTSE Russell.IMPORTANT LEGAL
INFORMATIONElements 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. |