ING

Today we proudly announce that ING Bank has started offering Sprinters based on the NL20 Index. The products will be tradable as of 16 June 2014 and will offer the possibility to profit from leveraged participation in the price movement of the NL20 Index.

ING has completed the issuance of EUR 1.125 billion in subordinated notes that will, in line with the completion of the intended IPO of NN Group, be exchanged into NN Group shares.

ING Bank welcomes Roel Louwhoff as Chief Operations Officer (COO) and member of the Management Board Banking per 1 May 2014. As announced at ING Bank’s Strategy update on 31 March 2014, in his function as COO Roel will have global responsibility for Operations & IT, change management and procurement within ING Bank.

ING announced that it has notified the Dutch State of its intention to pay EUR 1.225 billion on 31 March 2014. This payment is EUR 100 million higher than originally scheduled in the amended EC Restructuring Plan as announced on 19 November 2012.

ING Group announced today it will redeem the EUR 1.5 billion 8% ING Perpetual Hybrid Capital Securities per the call date of 18 April 2014, in line with ING’s goal to continuously optimize its capital structure and lower its funding costs.