ING to host Investor Update 2022
ING is hosting an institutional Investor Update today, 13 June 2022, in Amsterdam, the Netherlands. Steven van Rijswijk, CEO of ING, and the other members of ING’s Management Board will provide a strategy update and present our digital approach, our sustainability efforts and our financials. The presentations will be followed by a Q&A session for analysts and institutional investors
During the Investor Update we will share the financial targets for the period 2022-2025. In this period, we target an average annual total income growth of 3% and an annual average fee income growth between 5% and 10%. For 2025, we target a cost income ratio of 50-52%, a CET1 ratio of around 12.5% and a return on equity of 12%.
“In addition to these financial targets, we have set a target for our commitment to support our Wholesale Banking clients in their green transition and commit to mobilise €125 billion of sustainable finance per annum by 2025. We intend to lead in the sustainable transition and by focusing on the volume mobilised, we clearly mark transactions where we support our clients’ transition towards their own sustainability goals as well as delivering on our commitment to reduce the CO2 emission intensity of ING’s portfolio,” said Steven van Rijswijk.
The Investor Update will start at 13.00 CET and will conclude at approximately 17.00 CET. The presentations can be viewed live via webcast via this link. A replay of the webcast will be available after the event. All materials presented at the Investor Update are available online at www.ing.com/investorday.
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ING Group Investor Relations
ING is a global financial institution with a strong European base, offering banking services through its operating company ING Bank. The purpose of ING Bank is empowering people to stay a step ahead in life and in business. ING Bank’s more than 57,000 employees off er retail and wholesale banking services to customers in over 40 countries.
ING Group shares are listed on the exchanges of Amsterdam (INGA NA, INGA.AS), Brussels and on the New York Stock Exchange (ADRs: ING US, ING.N).
Sustainability forms an integral part of ING’s strategy, evidenced by ING’s leading position in sector benchmarks. ING's ESG rating by MSCI was affirmed 'AA' in December 2021. ING Group shares are included in major sustainability and Environmental, Social and Governance (ESG) index products of leading providers STOXX, Morningstar and FTSE Russell. In January 2021, ING received an ESG evaluation score of 83 ('strong') from S&P Global Ratings.
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