The ING Group is a global financial institution offering retail banking,direct banking, commercial banking, investment banking, asset management, andinsurance services. ING is an abbreviation for Internationale Nederlanden Groep (English: International Netherlands Group).The Orange Lion on ING's logo is a play on the Group's Dutch origins under the House of Orange-Nassau.ING is the Dutch member of the Inter-Alpha Group of Banks, a cooperative consortium of 11 prominent European banks.According to Fortune magazine, in 2010 ING was the largest banking/financial services & insurance conglomerate in the world by revenue with gross receipts exceeding €54 billion (US$77 billion) per annum.The Group is also the world's 12th largest corporation by revenue according to the Global Fortune 500. As of 2009, ING served over 85 million individual and institutional clients in more than 45 countries, with a worldwide workforce exceeding 100,000.ING Group traces its roots to two major Insurance companies in the Netherlands and the banking services of the Dutch government.ING Investment Management is the principal asset manager of the Group and a leading global asset manager. Against the background of the Group realizing its global ambitions, ING Investment Management has also expanded across borders. Today, it is active in 33 countries, including some of the world’s fastest-growing economies, such as China, India, Brazil and many Eastern European nations. ING Investment Management operates along regional lines with centers of expertise in Europe, the Americas and Asia-Pacific.ING Investment Management provides a comprehensive range of investment solutions and services to clients and partners. It manages assets for institutional clients, fund distributors and ING labels, with approximately €326 billion in AUM. Over 3,200 professionals manage client funds globally.ING sponsors a variety of sporting events and artistic exhibitions throughout the world.
Net income € 5.770 billion (2011)
Total assets € 1.279 trillion (2011)