ING BANK N.V.

ING Bank N.V. is the primary banking subsidiary of ING Groep N.V., headquartered in Amsterdam and operating under a single European banking license with prudential supervision by the European Central Bank and De Nederlandsche Bank and resolution oversight by the Single Resolution Board. The bank provides retail and wholesale services across multiple markets, combining domestic operations in the Netherlands with subsidiaries (notably in Belgium and Germany) and cross-border branches elsewhere in the EEA; products typically include current and savings accounts, payments and cards, mortgages, consumer and SME lending, and wholesale services such as transaction banking, lending, trade finance, cash management, and financial markets activities. ING emphasizes digital distribution, with well-developed mobile and online channels and comparatively limited branches outside the Benelux region. Customer deposits held with ING Bank N.V. are covered by the Dutch Deposit Guarantee Scheme up to €100,000 per depositor per bank; coverage for EEA branch customers is provided by the Dutch scheme, while separately incorporated subsidiaries fall under their local regimes. The bank funds itself through a mix of customer deposits and wholesale markets and maintains capital and liquidity buffers in line with EU requirements, issuing MREL-eligible instruments at the group level; major credit rating agencies assign investment-grade ratings, subject to change. ING reached a €775 million settlement in 2018 with Dutch authorities over anti-money laundering control deficiencies and subsequently expanded KYC and transaction monitoring programs; it has also reported portfolio de-risking in higher-risk sectors and reduced exposures to Russia following 2022 sanctions. Like peers, it faces credit, market, interest rate, regulatory, cyber, and operational risks; in a resolution scenario, certain unsecured and subordinated liabilities may be subject to bail-in. Pricing, product features, eligibility, and service availability vary by country, and prospective customers should review local terms, fees, and protections before engaging.