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ING Groep NV (XTER:INN1) EV-to-EBITDA


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What is ING Groep NV EV-to-EBITDA?

EV-to-EBITDA does not apply to banks.

ING Groep NV Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » ING Groep NV (XTER:INN1) » Definitions » EV-to-EBITDA
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Traded in Other Exchanges
INGVF:USA ING:USA INGA:Netherlands 1INGA:Italy INGAa:UK 0RIC:UK INN1:Germany INN1:Germany INNA:Germany INN1:Germany INGG34:Brazil INGA:Austria ING:Argentina
Address
Bijlmerdreef 106, Amsterdam, NLD, 1102 CT
Website
https://www.ing.com
The merger of the Dutch postal bank and NN Insurance in 1991 created ING. Through a series of further acquisitions ING build up a global footprint. The 2008 financial crisis forced ING to seek government support—a precondition of which was that ING should separate its banking and insurance activities, which saw ING revert to being solely a bank. ING has market-leading banking operations in the Netherlands and Belgium, and a range of digital banks across Europe and Australia. Its global wholesale banking operation is primarily focused on lending.