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ING (ING Groep NV) Inventories, Raw Materials & Components


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What is ING Groep NV Inventories, Raw Materials & Components?

Inventories, Raw Materials & Components does not apply to banks and insurance companies.


ING Groep NV Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » ING Groep NV (NYSE:ING) » Definitions » Inventories, Raw Materials & Components
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Bijlmerdreef 106, Amsterdam, NLD, 1102 CT
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.