ING Groep N.V. FRN 11-SEP-2027ING Groep N.V. FRN 11-SEP-2027ING Groep N.V. FRN 11-SEP-2027

ING Groep N.V. FRN 11-SEP-2027

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ING5647304 analysis



Key facts


Issue date
Sep 11, 2023
Maturity date
Sep 11, 2027
Outstanding amount
‪500.00 M‬USD
Face value
1,000.00USD
Minimum denomination
200,000.00USD
Coupon
6.48% (Variable)
Yield to maturity
5.94%
ING Groep NV engages in the provision of banking, investments, life and non-life insurance, and retirement and asset management services. It operates through the following segments: Retail Netherlands, Retail Belgium, Retail Germany, Retail Other, Wholesale Banking, and Corporate Line. The Retail Netherlands segment offers current and savings accounts, business lending, mortgages, and consumer lending. The Retail Belgium segment provides banking, life and non-life insurance, and asset management products and services. The Retail Germany segment deals with retail and private banking, which offers current and savings accounts, mortgages, and customer lending. The Retail Other segment covers income from retail banking activities. The Wholesale Banking segment includes cash management to corporate finance, real estate, and lease. The Corporate Line segment represents capital management activities and certain income and expense items. The company was founded on March 4, 1991 and is headquartered in Amsterdam, the Netherlands.
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