Overview
Description
ING Groep N.V. Sponsored ADR is an American Depositary Receipt representing shares of ING Groep N.V., a prominent global financial institution headquartered in the Netherlands. As a sponsored ADR, it allows U.S. investors to invest in foreign companies like ING without directly dealing with foreign exchanges. ING Groep is renowned for its comprehensive financial services, including retail and commercial banking, investment banking, and insurance products. It operates across various sectors, significantly impacting areas such as consumer finance, corporate loans, and asset management. The institution has a strong presence in Europe, benefiting from a diversified business model that combines digital innovation with traditional banking practices. ING’s importance in the global financial market is underscored by its role in facilitating international trade and financial transactions across diverse economic regions. By offering ADRs, ING widens its shareholder base to include U.S. investors who gain exposure to the company's performance and the broader European market through an accessible, regulated instrument.
About
CEO
Mr. Steven J. A. van Rijswijk
Employees
59000
Address
Bijlmerdreef 106
Amsterdam, 1102 CT
Amsterdam, 1102 CT
Phone
31 20 563 9111
Website
Instrument type
American depositary receipt
Sector
Financial Services
Industry
Banks - Diversified
Country
Germany
MIC code
XFRA