ING announced today that it will redeem two series of outstanding perpetual securities: the €750 million ING Perpetual Securities II (NL0000113587) and the €1 billion ING Perpetual Securities III (NL0000116127), both on the optional redemption date of 30 September 2021.
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2Q2021 result before tax of €2,065 million; capital position strengthens to 15.7%
• Growth in fee income of 18.3% year-on-year, especially in daily banking and investment products. Net interest incomedeclined due to liability margin pressure.
• Net release of risk costs following an update of macroeconomic indicators. Expenses remained under control.
• Shareholder distribution of €3,618 million after 30 September 2021. More customers choose ING as their primary bank; lending decreases
• Primary customer base rose by 281,000 in 2Q2021 to 14.0 million.
Quaesitum means “the true value of a quantity based on measurement.” Evidence shows the way forward… or so the theory goes. But good empirical data doesn’t create miracles. Decisions are often based on emotion, judgement, and experience; empirical data lights the way, like a flashlight in the woods.
Payoneer Global Inc., the commerce technology company powering payments and growth for the new global economy, today announced the appointment of Robert Clarkson to a new leadership role as Chief Revenue Officer.
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