ING is a global financial institution with a strong European base, offering banking services through its operating company ING Bank. ING Bank’s goal is to enable people to stay ahead of the curve in life and in business. ING Bank’s more than 57,000 employees provide retail and wholesale banking services to customers in more than 40 countries.
ING Group shares are listed on the Amsterdam (INGA NA, INGA.AS), Brussels and New York Stock Exchange (ADR: ING US, ING.N) stock exchanges.
Sustainable development is an integral part of ING’s strategy, as evidenced by ING’s leading position in sector benchmarks by Sustainalytics and MSCI and our “A-list” rating by the CDP. ING Group shares are included in the main sustainability indices and environmental, social and governance (ESG) indices of the main suppliers STOXX, Morningstar and FTSE Russell. In January 2021, ING received an ESG assessment score of 83 (“strong”) from S&P Global Ratings.
IMPORTANT LEGAL INFORMATION
Elements of this press release contain or may contain information about ING Groep NV and / or ING Bank NV within the meaning of article 7, paragraphs 1 to 4, of EU regulation n ° 596/2014. The annual accounts of the ING Group are prepared in accordance with International Financial Reporting Standards as adopted by the European Union (“IFRS-EU”). To prepare the financial information in this document, unless otherwise indicated, the same accounting principles are applied as in the 2020 consolidated annual accounts of the ING group. All figures in this document are unaudited. Small differences are possible in the tables due to rounding. Some of the statements contained in this document are not historical facts, including, without limitation, certain statements made about future expectations and other forward-looking statements that are based on the current views and assumptions of management and involve known and unknown risks and uncertainties which 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 shown in these statements due to a number of factors, including, without limitation: (1) changes in general economic conditions and customer behavior , in particular the economic conditions in ING’s main markets, including changes affecting exchange rates (2) the eets of the Covid-19 pandemic and associated response measures, including blockages and travel restrictions , on the economic conditions in the countries in which ING operates, on ING’s activities and operations and on ING’s employees, customers and counterparties (3) changes affecting interest rate levels (4) any default by a major market player and the resulting market disruptions (5) changes in the performance of financial markets, including in Europe and in developing markets (6) instability political ility and fiscal uncertainty in Europe and the United States (7) halt or change in “benchmark” indices (8) inflation and deflation in our main markets (9) change in conditions in the credit and capital in general, including changes in the creditworthiness of borrowers and counterparties (10) bank failures within the scope of state indemnity regimes (11) non-compliance or changes in laws and regulations, including those relating to financial services, economic and financial crimes and tax laws, and their interpretation and application (12) geopolitical risks, political and political instabilities and actions of governmental and regulatory authorities (13) legal and regulatory risks in certain countries with less developed legal and regulatory frameworks (14) prudential supervision and regulation, including with regard to stress tests tance and regulatory restrictions on dividends and distributions, (also among group members) (15) regulatory consequences of the UK’s withdrawal from the European Union, including authorizations and equivalency decisions (16) ING’s ability to comply with the minimum capital and other prudential regulations and mandatory requirements (17) changes in the regulation of the American commodities and derivatives activities of ING and its clients (18) application of recovery regimes and bank resolution, including impairment and conversion powers with respect to our securities (19) result of current and future transactions, enforcement proceedings, investigations or other regulatory actions, including claims from clients who feel misled and other conduct issues (20) changes in tax laws and regulations and risks of non-compliance or investigation in relation to tax laws, including FATCA (21) operational risks, such as system interruptions or failures, security breaches, cyber attacks, human errors, changes in operational practices or inadequate controls , including with regard to third parties with whom we work (22) the risks and challenges related to cybercrime, including the e ﬀ ects of cyber attacks and changes in laws and regulations related to cybersecurity and data privacy (23) positive factors, including the ability to increase or maintain market share (24) failure to protect our intellectual property and claims of infringement by third parties (25) failure of counterparties to meet their financial obligations or the ability to enforce their rights against these counterparties (26) changes in credit ratings (27) business risks and challenges, transaction nal, regulatory, reputational and other related to climate change (28) inability to attract and retain key personnel (29) future defined benefit pension liabilities (30) inability to manage business risks, including with regard to the use of models, the use of derivatives or the maintenance of appropriate policies and guidelines (31) changes in the capital and credit markets, including interbank financing, as well as the deposits of clients, who provide the liquidity and capital required to finance our operations, and (32) the other risks and uncertainties detailed in ING Groep NV’s latest annual report (including the risk F actors contained therein) and the information the most recent ING, including press releases, which are available at www.ING.com. This document may contain inactive text addresses to websites operated by us and third parties. Reference to these websites is for informational purposes only, and information found on these websites is not incorporated by reference in this document. ING makes no representations or warranties as to the accuracy or completeness of the information found on websites operated by third parties, nor does it assume any responsibility for such information. ING specifically declines any responsibility for information found on websites operated by third parties. ING cannot guarantee that websites operated by third parties will remain available after the publication of this document, or that the information found on these websites will not change after the submission of this document. Many of these factors are beyond ING’s control. Any forward-looking statement made by or on behalf of ING is only valid on the date on which it is made, and ING assumes no obligation to publicly update or revise any forward-looking statement, whether at the following new information or for any other reason. This document does not constitute an offer to sell or the solicitation of an offer to buy any securities in the United States or in any other jurisdiction.