ING GROEP ( (GB:0RIC) ) has shared an update.
ING has acquired a 17.6% stake in Van Lanschot Kempen, a specialist wealth manager in the Netherlands and Belgium, increasing its total stake to 20.3%. This acquisition aligns with ING’s strategy to strengthen its position in private banking and wealth management, with minimal impact expected on its CET1 ratio.
More about ING GROEP
ING is a global financial institution with a strong European base, offering retail and wholesale banking services to customers in over 100 countries. The company is committed to sustainability and has been recognized for its strong management of ESG material risk.
YTD Price Performance: 13.55%
Average Trading Volume: 3,677,861
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: €53.24B
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