Globalisation

In recent decades, globalisation has transformed the world of business. Get insights and views on how globalisation offers both challenges and opportunities.

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France: exports as a way out of stagnation into a solid recovery

While the Tour the France-fever is reaching new record levels, the Economics Department of ING has taken a closer look at the French economy.

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The implications of Grexit - Some questions and answers

(22-6-2015) Even if our base case scenario still foresees a typical Eurozone fudge, at least as a short-term solution, it would be naïve not to look at the possible ‘what…if’ of a Grexit.

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ING 2Q15 underlying net result EUR 1,118 million

(5-8-2015) “ING posted a strong set of commercial and financial results during the second quarter of 2015,” said Ralph Hamers, CEO of ING. The bank’s underlying result before tax was EUR 1,601 million, up 25.3% year-on-year, driven by robust loan and deposit growth and lower risk costs.

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ING Best Bank in Western Europe, Belgium and the Netherlands

July, 2015

On 9 July, ING in Western Europe, Belgium and the Netherlands was named best bank at the annual Euromoney Awards for Excellence.

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Eurozone: Better late than never?

July, 2015

(8-7-2015) Last night, the Greek government submitted its long-awaited reform proposals. A first glance at the documents suggests that the Greek government is budging and that a compromise should again be in reach.

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Grexit: Return to drachma does not make the difference for Greek economy

July, 2015

The possibility of a Greek departure from the Eurozone did not decrease over the weekend with the Greek no vote. One question that arises is what the trade effects of a Greek departure from the Eurozone would be – both for Greece itself and for its most important trading partners.

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Eurozone: Back to reality?

July, 2015

(7-7-2015) Day one after the referendum in Greece was as exciting as the days leading up to the referendum. Finance Minister Varoufakis stepped down, the European Central Bank (ECB) increased the pressure and Eurozone leaders’ first reactions were reserved. Today’s Eurozone summit should be another crossroads for either a last-minute compromise or some kind of Greek exit from the Eurozone (Grexit).

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Global fight for commercial banking customers goes high-tech

July, 2015

ING has made a major upgrade to the online banking services it offers corporate clients, one that could enable it to better compete against U.S. banks. The bank is in the middle of rolling out InsideBusiness, a digital-banking platform for commercial banking clients. The platform promises to allow its global customers to conduct business easily from their desktops and devices.

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Eurozone: A Pyrrhic ‘no’?

July, 2015

(6-7-2015) The ‘no’ vote in yesterday’s referendum seems to have strengthened Tsipras’ position. However, what looks like a stunning victory could quickly become a Pyrrhic ‘no’.

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Eurozone: Tactical blame game moves on

July, 2015

(2-7-2015) Yesterday was another day with tactical moves from all sides in the Greek crisis and a Socrates-like conclusion: all we know is that we know nothing…

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Eurozone: It’s (never) too late?

July, 2015

(1-7-2015) Another last-minute stunt from Greek PM Tsipras could not avoid the end of the bailout programme and Greece missing the reimbursement of an International Monetary Fund (IMF) loan.

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Referendum, chaos, Grexit? - A first take on last weekend’s events

June, 2015

On Friday night (26/06), the course of the negotiations on the end of the second Greek programme took another unexpected twist. The Greek government’s decision to announce a referendum on a possible deal has stopped the entire negotiation process. This decision has initiated a financial, economic and political avalanche.

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Eurozone: Final showdown - now for real?

June, 2015

(25/06) It seems as if the excessively used words of “final showdown” in the Greek crisis are finally here. And they are for real.

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Eurozone: Europe’s courageous five

June, 2015

23-6-2015 - While all eyes are currently on Greece, several top EU leaders yesterday tried to revive the discussion on the future of the monetary union.

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Eurozone: Towards avoiding the Grexit?

June, 2015

23-06-2015 - Fears of a Greek exit from the Eurozone (Grexit) were reduced somewhat yesterday. Even if no agreement was reached, the negotiations have finally become more constructive.

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ING expands its U.S. Acquisition Finance Group to Chicago

June, 2015

ING Capital LLC ("ING") announced the opening of a new office in Chicago, Illinois on 15 June for its Acquisition Finance Group in the Americas ("AFG"). This adds to ING's current U.S. office locations in New York, Atlanta, Dallas, Houston and Los Angeles. The Chicago office will bring the total number of employees in AFG to 23.

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