Progress on share buyback programme | Business

Donna B. Jones

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ING PROFILE
ING is a world-wide economic establishment with a powerful European base, giving banking services by way of its operating business ING Bank. The objective of ING Lender is empowering individuals to stay a step ahead in everyday living and in business enterprise. ING Bank’s extra than 57,000 workers off er retail and wholesale banking companies to prospects in about 40 international locations.
ING Team shares are mentioned on the exchanges of Amsterdam (INGA NA, INGA.AS), Brussels and on the New York Inventory Trade (ADRs: ING US, ING.N).
Sustainability varieties an integral component of ING’s tactic, evidenced by ING’s main position in sector benchmarks. ING’s ESG rating by MSCI was affirmed ‘AA’ in December 2021. ING Team shares are included in big sustainability and Environmental, Social and Governance (ESG) index goods of foremost suppliers STOXX, Morningstar and FTSE Russell. In January 2021, ING been given an ESG evaluation score of 83 (‘strong’) from S&P World wide Ratings.

 

Vital Lawful Info
Factors of this press launch include or might have info about ING Groep N.V. and/ or ING Bank N.V. within just the which means of Posting 7(1) to (4) of EU Regulation No 596/2014.

Selected of the statements contained herein are not historical information, such as, without having limitation, specified statements manufactured of upcoming expectations and other ahead-looking statements that are primarily based on management’s recent sights and assumptions and contain acknowledged and mysterious risks and uncertainties that could bring about real benefits, effectiveness or gatherings to vary materially from those expressed or implied in this kind of statements. Actual benefits, efficiency or situations may well differ materially from all those in this kind of statements because of to a quantity of things, together with, devoid of limitation: (1) modifications in standard financial situations and customer behaviour, in certain economic ailments in ING’s main markets, including alterations affecting currency exchange charges and the regional and world wide financial impression of the invasion of Russia into Ukraine and linked global response measures (2) results of the Covid-19 pandemic and linked response actions, including lockdowns and vacation restrictions, on economic situations in international locations in which ING operates, on ING’s enterprise and functions and on ING’s staff, buyers and counterparties (3) improvements influencing desire fee degrees (4) any default of a major marketplace participant and similar marketplace disruption (5) alterations in general performance of money marketplaces, like in Europe and building marketplaces (6) fiscal uncertainty in Europe and the United States (7) discontinuation of or alterations in ‘benchmark’ indices (8) inflation   and deflation in our principal marketplaces (9) changes in situations in the credit rating and funds marketplaces generally, which include alterations in borrower and counterparty creditworthiness (10) failures of banking institutions falling less than the scope of condition compensation techniques (11) non-compliance with or alterations in legal guidelines and polices, including these concerning fiscal solutions, monetary financial crimes and tax legal guidelines, and the interpretation and application thereof (12) geopolitical challenges, political instabilities and policies and steps of governmental and regulatory authorities, like in link with the invasion of Russia into Ukraine and linked worldwide reaction steps (13) authorized and regulatory dangers in specific countries with much less developed legal and regulatory frameworks (14) prudential supervision and rules, which includes in relation to pressure assessments and regulatory restrictions on dividends and distributions (also between users of the group) (15) regulatory effects of the United Kingdom’s withdrawal from the European Union, which includes authorizations and equivalence conclusions (16) ING’s potential to meet least funds and other prudential regulatory specifications (17) changes in regulation of US commodities and derivatives businesses of ING and its prospects (18) software of lender restoration and resolution regimes, such as produce down and conversion powers in relation to our securities (19) outcome of current and long term litigation, enforcement proceedings, investigations or other regulatory actions, which includes claims by clients or stakeholders who feel misled or taken care of unfairly, and other perform difficulties (20) modifications in tax regulations and restrictions and hazards of non-compliance or investigation in relationship with tax rules, which includes FATCA (21) operational and IT threats, these kinds of as system disruptions or failures, breaches of stability, cyber-attacks, human mistake, improvements in operational procedures or inadequate controls such as in respect of 3rd parties with which we do enterprise (22) hazards and difficulties linked to cybercrime together with the effects of cyberattacks and improvements in laws and regulation related to cybersecurity and information privateness (23) improvements in typical competitive variables, which include means to improve or sustain marketplace share (24) incapacity to defend our intellectual residence and infringement claims by third events (25) inability of counterparties to meet up with fiscal obligations or capacity to implement rights in opposition to this sort of counterparties (26) improvements in credit history rankings (27) business, operational, regulatory, track record, changeover and other pitfalls and problems in link with local climate alter and ESG-linked matters (28) incapacity to entice and keep crucial personnel (29) upcoming liabilities beneath defi ned gain retirement ideas (30) failure to deal with small business pitfalls, which includes in link with use of versions, use of derivatives, or maintaining ideal guidelines and guidelines (31) changes in funds and credit score marketplaces, which include interbank funding, as nicely as purchaser deposits, which give the liquidity and cash demanded to fund our operations, and (32) the other pitfalls and uncertainties thorough in the most recent yearly report of ING Groep N.V. (together with the Hazard Components contained therein) and ING’s much more modern disclosures, which include push releases, which are readily available on www.ING.com.
This document could have inactive textual addresses to world-wide-web sites operated by us and third functions. Reference to such internet websites is produced for information reasons only, and facts uncovered at these kinds of websites is not included by reference into this doc. ING does not make any illustration or guarantee with regard to the accuracy or completeness of, or acquire any obligation for, any information and facts identified at any internet sites operated by third events. ING especially disclaims any legal responsibility with respect to any data uncovered at web-sites operated by third events. ING can’t promise that sites operated by third parties continue being available next the publication of this document, or that any data located at this sort of websites will not change subsequent the filing of this document. Quite a few of those components are beyond ING’s control.

Any forward looking statements created by or on behalf of ING discuss only as of the day they are built, and ING assumes no obligation to publicly update or revise any forward-searching statements, no matter if as a outcome of new info or for any other motive.

This doc does not represent an offer to market, or a solicitation of an supply to purchase, any securities in the United States or any other jurisdiction.

 

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