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Dutch bank News

05 Aug 2015

ING posts rising profits thanks to sale of Indian unit

Top Dutch bank ING posted a rise in second quarter net profits but the increase was due to the sale of an Indian unit, leaving its shares sliding in morning trading.

26 May 2015

Dutch ING selling majority stake in NN Group

Top Dutch bank ING announced Tuesday it was selling 45 million ordinary shares in NN Group, thereby relinquishing its majority stake in the giant insurer.

01 Dec 2014

IBM signs 10-year multi-billion cloud deal with ABN Amro

Last month, IBM said it had won a 7-year outsourcing contract from Germany`s Lufthansa worth 1 billion euros ($1.25 billion) that will see the US company take over the airline`s information technology infrastructure services division and staff.

25 Nov 2014

Dutch bank ING says to slash 1,700 jobs

Leading Dutch bank ING on Tuesday announced it will slash 1,700 local jobs over the next three years, as it upgraded its automated online banking services.

05 Nov 2014

ING says to pay off bail-out loan ahead of time

The Amsterdam-based ING posted 928 million euros ($1.16 billion) in third-quarter net profit, up from 128 million euros over the same period last year, a statement said.

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