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http://en.wikipedia.org/wiki/ING_Group
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' m* _! W* B8 U. W) Y# g& qING Group N.V. (NYSE: ING, Euronext: INGA) is a financial institution of Dutch origin offering banking, insurance and asset management services. ING is an abbreviation of Internationale Nederlanden Groep (English: International Netherlands Group).3 E! D' I4 f$ s7 c c+ k9 O
# @4 A3 c* ?) Y N9 ~$ VAs of 2009, ING Group covers 85 million private, corporate and institutional clients in over 40 countries with a workforce of over 125,000 people. It owns ING Direct, a virtual bank with operations in Australia, Canada, Italy, Spain, UK, US and elsewhere. In the 2008 Forbes Global 2000, ING was the ninth-largest company in the world.. Z" a" B/ j1 {
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) }: }2 m- u% F- |2 b* a5 q; @ * 1 International operations( m# F( n5 ]( e
* 2 Advertising and sponsorship1 Z1 X: v1 R) |+ G! S( E0 Q
* 3 Headquarters
8 y! k1 ]) [! U( L * 4 History
1 M% q$ R' }) ^7 U0 ] * 5 Investigations into investment and business practices$ F" j/ w# o+ b" V( T
* 6 Recent troubles
+ L" p7 l9 }6 U9 ^' B o 6.1 Capital Injection
$ X$ I m1 E% G3 a. O9 `2 Z o 6.2 Layoffs& g1 `! p' O0 r% m6 w: y# R
* 7 ING Direct: _; a( W, N: P& w2 ^6 s* s
o 7.1 ING Direct Canada5 \9 G8 Q$ }0 F9 Q: W; h
o 7.2 ING Direct United States
3 W% H, U+ i( r9 `- ` + 7.2.1 ING Direct Cafes! {& J. F! a3 g9 ?* b
+ 7.2.2 Services
1 I0 r4 z. D* l6 a* j9 }0 [4 R o 7.3 ING Direct UK2 v" i: \* s, J9 ]' |$ @
+ 7.3.1 Services$ j& G% c' E6 |0 D6 h( ]- g; E
o 7.4 ING Direct Australia! n5 P1 X. ~- | g
+ 7.4.1 Services
! U8 G0 o3 \. [7 U * 8 See also
1 e) Z5 p) j I9 C4 x * 9 References
" C+ Q; ^$ O! b5 z% ? * 10 External links: ^8 t5 S: A6 k- s% [7 X+ M
% T% t* _2 u$ y/ j$ D[edit] International operations" f( d- c+ S* ~% R& j# w
" u! m4 }/ q2 @. a" D* o4 {ING has offices in6 n$ s5 q( k7 T6 @5 w
; q) N2 a. c# S * Australia8 X/ I9 Q) e' u, R1 }, q
* Austria0 ~* J( p3 s! L" y5 l. I
* Belgium
+ [/ K: |0 r: }1 A# p( J2 a1 b5 K * Bulgaria. m' I* ?6 x; D( P
* Canada
4 K! `! J$ L+ a! B0 q, Q- o * Chile+ v; w% Z- d5 X& W6 G
* China
: l1 p0 a" _. ^, {- M * Colombia
. }7 P P. q) _9 P+ ? * Czech Republic( }1 c- U/ @8 E' W! E
* France
6 R2 a& [8 Y! z * Germany
6 A& z- a4 K& W) k' \0 E, p) O* X * Greece
# C& a' F- K/ N6 G1 B1 o2 S! ? * Hong Kong% |/ o T6 y1 J; u
* Hungary& T) A8 a1 k/ _4 F9 C
* India
4 w/ `/ h5 v; a& j * Indonesia2 { }' z* s1 q7 [8 O
* Italy, d$ Y4 S+ P+ I; U1 F/ T0 X- f
* Japan( L9 z& q# ^. V- Q
* Malaysia
' R6 g2 A; ~/ d# n3 y/ A3 _ Z1 ? * Mexico
8 _( j$ G0 z, H! V% @ * the Netherlands8 v' _3 d2 Z; r* m7 P0 d6 [$ g
* New Zealand: a" a' U& K: {5 n
* Peru. s% M7 M \1 K* ~2 F
* the Philippines6 `4 n/ n& v% V& x ?& A, ~
* Poland
" |. l" Q8 a* J8 u1 }- N * Romania
" Y! Z% T1 G# @) L9 K3 o * Singapore$ r& a0 a4 H7 |, |4 u1 Y
* South Korea
5 a3 m# y8 o; Q% ?. c * Spain
5 A# F! G6 }! i# }3 {6 M9 M1 ]6 u * Taiwan
5 G4 f/ S) s6 Y8 ]# _ * Turkey' _ `6 L2 H* z& p h7 W( s7 d% C
* Thailand
2 Z, q* U" M# v% q8 O0 G) }( A * The United Kingdom* i" g) [" ?/ P7 H* f7 I: n
* The United States2 ~* N0 x( B$ o R N9 j
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[edit] Advertising and sponsorship: c8 p1 {4 w7 k
ING began sponsoring the Renault Formula One team in 2007, and also has a large amount of trackside advertising and race sponsorship deals.
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ING's Canadian commercials feature Dutch actor Frederik de Groot. In Australia, they feature Scottish comedian Billy Connolly.
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From 2007, ING became the title sponsor of the Renault Formula One team. This will continue until at least 2009. 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" was the first race in the 2007 season. ING has also become the title sponsor of the Hungarian Grand Prix, making it the "ING Magyar Nagydíj", the "2007 ING Belgian Grand Prix" and in 2009, the title sponsor of the Turkish Grand Prix as the company rebrands Oyak Bank.8 r" V8 k' p8 W
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Regarding their Formula One sponsorship, ING announced on February 16, 2009 that "In light of the recently announced cost reduction programme, ING confirmed that it would not renew the three year sponsorship (2007-2009) contract with Renault F1 and to end its presence in F1 beyond the 2009 season," a statement from ING read.- P8 }* D0 k4 T0 I
3 x# f3 m, z7 H r: r) W"ING's participation in Formula One was the company's first global sponsorship project aimed at delivering revenue and raising the global brand awareness, particularly in ING's key growth markets.
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"Over the past two years, ING has successfully achieved its objectives for the F1 sponsorship, raising its overall global brand awareness by 16% (March 7 vs November 8)." r; O- [! ?7 G0 U. g3 ^2 }
2 ~0 u: w* @& \"F1 remains a powerful business driver even in a difficult economic climate. Whilst ING has cut the F1 sponsorship costs by 40% in the final year, revenue generating opportunities will be a continuing focus through 2009.
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"ING has enjoyed the relationship with Renault F1 and will continue to work closely with the team during the final year of the partnership."
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For several years, ING has been the title sponsor of the New York City Marathon and the San Francisco famous Bay to Breakers. This sponsorship deal will continue until 2010.
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ING is also a major sponsor of football, sponsoring the Dutch National Soccer Team and the AFC [2]./ ?! N" u% \) x4 z. \4 H4 q
ING House, ING headquarters in Amsterdam* _# s8 [. G; {# |7 n1 l
Part of ING at night in Minneapolis in the United States
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[edit] Headquarters o' f. u, M9 i4 ^: P
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ING House, ING's headquarters, is located near Schiphol airport in Amsterdam. Designed by Roberto Meyer and Jeroen van Schooten, the light-infused building features loggias, patios and interior gardens. The edifice is supported by posts of 9 to 12 meters (30 to 39ft). It is considered an autonomous building.
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, [2 b7 V- t9 Z5 Y[edit] History. P- ]6 [4 x/ d4 _4 |4 w
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* 1990: The newly formed company, first called Internationale Nederlanden Groep, later ING Group, was created from the merger of Nationale-Nederlanden and NMB Postbank Group.
1 {# k2 g T) N: L* b8 O * 1991: Nationale-Nederlanden changes to ING Nationale-Nederlanden
4 E2 \! u) L% f6 z * 1991: ING financial group entered the Czech market# T# r$ M# m# I5 N1 R) v, |
* 1994: ING opened first ING Bank in Romania0 q2 L) a4 ^) c& u- U" @
* 1995: ING acquired investment bank and investment management firm Barings after its collapse (in the process, it also obtained the original sales document of the Louisiana Purchase)9 \. q' G0 H9 i6 |/ p0 b
* 1997: ING acquired insurer Equitable of Iowa Companies! R9 H0 e6 k2 w( T9 G/ j
* 1997: ING opened ING Direct Canada www.ingdirect.ca
4 ^5 X' w! i. J+ { * 1998: ING acquired Banque Bruxelles Lambert (BBL) of Belgium
& |1 d F E* _" |/ n * 1999: ING acquired BHF-Bank of Germany, opened ING Direct Spain4 I7 y% _# i+ g1 L/ u
* 2000: ING acquired US insurers ReliaStar, Aetna Financial Services and Aetna International
' o+ b' W3 t8 C1 E, ?$ r- t( B * 2000: ING opened ING Direct USA
3 C9 j( ?" g* w. r * 2001: ING acquired Bank Śląski of Poland, and insurer Seguros Comercial America of Mexico
$ I6 e; O* \5 F1 ?- O( v * 2002: ING acquired DiBa bank of Germany
7 R0 X% }" T0 W8 [2 t- ~ {! D * 2004: ING Insurance Company of Canada acquired Allianz Canada
& R7 L! F2 t: q% G * 2004: ING sold BHF-Bank of Germany to Sal. Oppenheim
- C' k# ^# Q. U# K/ O1 E* ? * 2005: ING acquired a 19.9% stake in Bank of Beijing; which was later diluted to 16.07% after the company listed in Shanghai
" P! y- p- C" Q/ u * 2006: ING opened ING Life Bulgaria, a branch of ING Life Hungary
9 @, S4 c1 B4 }0 f9 C6 r: w8 u! S$ p * 2007: ING acquired the domestic asset management operations of ABN AMRO Asset Management in Taiwan
" p8 ]1 z% R, k g% H * 2007: ING acquired Oyak bank of Turkey6 E; b6 g: }: ]0 f: M& j3 L5 j2 W
* 2007: ING launched its first variable annuities product for the European market in Spain( }3 X9 ]( w% M7 Q7 p. p" l$ e4 o
* 2007: ING acquired US web-based stock brokerage firm ShareBuilder6 c+ f G; T5 C$ k
* 2007: ING acquired Landmark Asset Management Company of South Korea
% F1 N1 T* F. ?6 t* N3 r * 2007: ING acquired a 30% stake in TMB Bank, Thailand
% H( G: N! u7 m5 s6 T& [ * 2008: ING sold ING Seguros in Mexico
. P. r5 c6 m6 g" s* p( i * 2008: ING acquired CitiStreet in the USA
5 L# h3 G1 G, J8 O6 ^" Q * 2008: ING launched retail banking in the Ukraine
. Z. V3 Y4 A! R. W" J$ ^+ ] * 2008: ING acquired the voluntary pension fund Oyak Emeklilik in Turkey
/ S* S3 U( y0 s( a- r: s* _ * 2008: ING sold its life insurance business in Taiwan
$ J: U' K* F% R5 @. _! G) e+ d * 2008: ING Group, in a move to increase its Tier-One capital ratio, accepts a |
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