ING: 2022 Investor Update recap INGA NA
Yesterday we joined the ING Investor Update. No drastic changes were announced to the strategy or financials, however some interesting colour on the business was presented. Please find the highlights of the half-day sessions in this short note. We maintain our € 13.5 TP and BUY recommendation.ING Groep is a global financial institution based in the Netherlands. Co. is engaged in offering a wide range of retail and wholesale banking services to customers in over 40 countries across Europe, the Americas, Asia and Australia. In addition to the basic banking services of lending, payments and cash management and treasury, Co. provides tailored banking solutions in areas including corporate finance, commercial finance (factoring), equity markets and debt capital markets to help clients achieve their business goals. Co.'s operations are organized along five segments: Retail Netherlands; RetailBelgium: Retail Germany: Retail Other; and Wholesale Banking.
We are a financial services provider for several types of professional clients, each with distinct needs.
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