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Major Companies of Europe 2010 - Gale - Cengage Learning

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PRINCIPAL ACTIVITIES: Provision <strong>of</strong> financial products and<br />

services including banking, life and non-life insurance and<br />

asset management to meet the needs <strong>of</strong> retail, corporate<br />

and institutional customers<br />

Parent Company: ING Groep NV, Netherlands (03648)<br />

Subsidiary <strong>Companies</strong>: (100% owned unless stated): Bank<br />

Mendes Gans NV; ING Bank AS (Turkey); ING Bank N.V.<br />

Magyarországi Fióktelepe (Hungary); ING Bank Nederland<br />

NV; ING Bank Slaski S.A. (75%) (Poland); ING Belgium<br />

SA/NV (99.05%) (Belgium); ING Commercial Finance BV;<br />

ING Corporate Investments BV; ING Deutschland AG (Germany);<br />

ING Direct NV; ING Financial Holdings Corporation<br />

(USA); ING Lease Holding NV; ING Middenbank Curaçao NV<br />

(Netherlands Antilles); ING Vastgoed Management Holding<br />

BV; ING Vysya Bank Ltd (India); InterAdvies NV; Nationale-<br />

Nederlanden Financiële Diensten BV; Postbank Groen NV;<br />

Postbank NV; WestlandUtrecht Hypotheekbank NV<br />

Status: Non Quoted Public Company<br />

Principal Shareholders: ING Groep (100%)<br />

Financial Information: Consolidated figures<br />

31.12.07 31.12.08<br />

EUR’000 EUR’000<br />

Pr<strong>of</strong>it before tax 4,454,000 533,000<br />

Pr<strong>of</strong>it after tax 3,701,000 703,000<br />

Dividend 1,300,000 4,250,000<br />

Dividend per share 2.80EUR 9.14EUR<br />

Share capital 25,511,000 24,121,000<br />

Bank deposits 166,972,000 152,265,000<br />

Customers’ deposits 528,197,000 537,683,000<br />

Total Assets 994,113,000 1,034,689,000<br />

03647<br />

ING COMMERCIAL FINANCE BV<br />

Former name: NMB-Heller Holding NV<br />

Address: Postbus 3030, Runnenburg 30, NL-3980 DJ Bunnik<br />

International tel: +31 (30) 659 31 93<br />

International fax: +31 (30) 659 35 25<br />

Company email: info@ingcomfin.com<br />

Website: www.ingwholesalebanking.com<br />

Company Registration Number: 30<strong>2010</strong>94 0000<br />

PRINCIPAL ACTIVITIES: Provision <strong>of</strong> financial services, including<br />

factoring, corporate funding and capital financing<br />

Parent Company: ING Bank NV, Belgium (03646)<br />

Subsidiary <strong>Companies</strong>: (100% owned unless stated): Felix<br />

Tigris BV; Handlowy Heller SA (50%) (Poland); Heller Bank<br />

AG (Germany); Heller Finanz Service GmbH (Germany);<br />

Heller GmbH (Germany); ICC-Heller Ltd (50%) (Republic <strong>of</strong><br />

Ireland); Info Beratungs- und Wirtschaftsdienst für mittelstandische<br />

Unternehmen GmbH (Germany); International<br />

Credit Service SAS (95%) (France); NMB-Heller Finance Ltd<br />

(Republic <strong>of</strong> Ireland); NMB-Heller NV (Belgium); OB Heller as<br />

(50%) (Czech Republic); OB Heller Factoring as (Slovakia)<br />

Associated <strong>Companies</strong>: RDM Factors Ltd (31%)<br />

Principal Banks: ING Bank<br />

Auditors: KPMG Accountants NV<br />

Status: Private Company<br />

Principal Shareholders: ING Groep NV (100%)<br />

No <strong>of</strong> Employees: 396<br />

03648<br />

ING GROEP NV<br />

Address: Postbus 810, Amstelveenseweg 500, NL-1000 AV<br />

Amsterdam<br />

International tel: +31 (20) 541 54 11<br />

International fax: +31 (20) 541 54 44<br />

Website: www.ing.com;www.investors.ing.com<br />

Company Registration Number: 33231073 0000<br />

Supervisory Board: Peter A F W Elverding (Chairman), Tineke<br />

Bahlmann (Member), Henk W Breukink (Member), Claus<br />

Dieter H<strong>of</strong>fman (Member), Piet Hoogendoorn (Member),<br />

Piet C Klaver (Member), Harish Manwani (Member), Aman<br />

Mehta (Member), Joan E Spero (Member), Jackson P Tai<br />

(Member), Godfried J A van der Lugt (Member), Jeroen van<br />

der Veer (Member), Karel Vuursteen (Member)<br />

Executive Board: Jan H M Hommen (Chairman), Eric F Boyer<br />

de la Giroday (Member), Jacques M de Vaucleroy (Member),<br />

Patrick Flynn (Chief Financial Officer), Dick H Harryvan<br />

(Member), Eli P Leenaars (Head <strong>of</strong> Retail Banking), Tom<br />

McInerney (Member), Koos J V Timmermans (Member),<br />

Hans van der Noordaa (Member)<br />

PRINCIPAL ACTIVITIES: ING <strong>of</strong>fers a wide range <strong>of</strong> high quality<br />

banking and insurance services. These include nearly<br />

NETHERLANDS ING VERZEKERINGEN NV 03650<br />

all forms <strong>of</strong> life and non-life insurance, funds transfer services,<br />

savings plans, investments in securities and other<br />

capital market instruments, lending, mortgages, leasing,<br />

investment banking, debtor finance, debt conversion and<br />

international project management, as well as development,<br />

finance and management <strong>of</strong> real property. In May 2004<br />

the company announced a new management structure<br />

organised along six business lines: Insurance Americas;<br />

Insurance <strong>Europe</strong>; Insurance Asia-Pacific; Wholesale Banking;<br />

Retail Banking; ING Direct<br />

Company History: The company was listed on Amsterdam,<br />

Brussels, New Yorks, Frankfurt, Paris and Swiss stock<br />

exchanges, but delisted from the latter three in 2009.<br />

Subsidiary <strong>Companies</strong>: (100% owned unless stated): Administradora<br />

de Fondos de Pensiones Capital SA (99.62%)<br />

(Chile); Algemene Zeeuwse Verzekering Mij NV; Assurantiebedrijf<br />

ING Bank NV; Bank Slaski SA (74.7%) (Poland);<br />

Baring Asset Management Holdings Ltd (UK); Baring Brothers<br />

Ltd (UK); BHF-Bank AG (97.07%) (Germany); BPEP<br />

Holdings Ltd (UK); BV Kredietmij Vola; CW Lease Belgium<br />

NV (Belgium); CW Lease Nederland BV; De Vaderlandsche<br />

NV (Belgium); Equitable <strong>of</strong> Iowa <strong>Companies</strong> (USA); Extra<br />

Clearing BV; Furman Selz LLC (USA); ING Bank AS (Turkey);<br />

ING Bank Corporate Investments BV; ING Bank Eurasia<br />

(Russia); ING Bank (Hungary) Rt (Hungary); ING Bank Lease<br />

(Nederland) BV; ING Bank (Luxembourg) SA (Luxembourg);<br />

ING Bank N.V. (Brazil); ING Bank NV; ING Bank NV - S<strong>of</strong>ia<br />

Branch (Bulgaria); ING Bank NV South Africa (South Africa);<br />

ING Bank <strong>of</strong> Canada (Canada); ING Bank (Schweiz) AG<br />

(Switzerland); ING Bank Uruguay SA (Uruguay); ING Baring<br />

Ltd (UK); ING Baring Securities (Japan) Ltd (Japan); ING<br />

Baring (US) Securities Inc (USA); ING Baring (USA) Financial<br />

Holdings Corp (USA); ING Biztosíto Zrt (Hungary); ING<br />

Capital Markets (Hong Kong) Ltd (Hong Kong SAR); ING Car<br />

Lease France SNC (France); ING Car Lease UK Ltd (UK);<br />

ING Empreendimentos e Participacaos Ltda (Brazil); ING<br />

Finance (Ireland) Ltd (Republic <strong>of</strong> Ireland); ING Futures &<br />

Options (Hong Kong SAR) Ltd (People’s Republic <strong>of</strong> China);<br />

ING Grupo Financiero (México), S.A. de C.V. (Mexico); ING<br />

Indonesia Bank PT (85%) (India); ING Inversiones Ltda<br />

(Colombia); ING Lease Belgium SA/NV (Belgium); ING Lease<br />

(España) EFC SA (Spain); ING Lease France SA (France);<br />

ING Lease France SNC (France); ING Life Insurance Co<br />

(Philippines); ING Mercantile Mutual Bank Ltd (Australia);<br />

ING Merchant Bank (Singapore) Ltd (Singapore); ING New<br />

Zealand Ltd (New Zealand); ING Pension Insurance Company<br />

EAD (Bulgaria); ING Property Trust (New Zealand); ING<br />

Real Estate BV; ING Reinsurance Company Int Ltd (Republic<br />

<strong>of</strong> Ireland); ING Servicios CA (Venezuela); ING Sociedad De<br />

Bolsa (Argentina) SA (Argentina); ING Vastgoed BBV; ING<br />

Vastgoedontwikkeling BV; ING Verzekeringen NV; ING-DiBa<br />

AG (Germany); INIB NV; Middenbank Curaçao NV (Netherlands<br />

Antilles); MKB Investments BV; Nationale-Nederlance<br />

Poist’ovna SA (Slovakia); Nationale-Nederlanden Herverzekering<br />

Mij NV; Nationale-Nederlanden Polska SA (Poland);<br />

Nationale-Nederlanden Zorgverzekering NV; NV Nationale<br />

Volksbank; Orangefield Trust (Aruba) NV (Aruba); PT ING<br />

Indonesia Insurance (Indonesia); Runoto Leasing BV; RVS<br />

Verzekeringen NV (Belgium); Southland Life Insurance<br />

Company (USA); Stichting Regio Bank; Tiel Utrecht Levensverzekering<br />

NV; Tiel Utrecht Schadeverzekering NV; Tiel<br />

Utrecht Verzekerd Sparen NV; Tunnel onder de Noord BV;<br />

Wijkertunnel Beheer 11 BV<br />

Auditors: Ernst & Young Accountants<br />

Ticker Symbol: INGP<br />

Stock Exchange: Euronext Amsterdam<br />

Ticker Symbol 2: ING<br />

Stock Exchange 2: NYSE<br />

ISIN: NL0000303600<br />

Status: Public Company<br />

No <strong>of</strong> Employees: 124,661<br />

Financial Information: Consolidated figures<br />

31.12.07 31.12.08<br />

EUR’000 EUR’000<br />

Pr<strong>of</strong>it (loss) before tax 11,043,000 (1,487,000)<br />

Pr<strong>of</strong>it (loss) after tax 9,508,000 (766,000)<br />

Dividend per share 1.48EUR 0.74EUR<br />

Earnings (loss) per share 4.28EUR (0.36EUR)<br />

Shareholders’ equity 37,208,000 17,334,000<br />

Total Assets 1,312,510,000 1,331,663,000<br />

03649<br />

ING REAL ESTATE BV<br />

Address: Postbus 90463, Schenkkade 65, NL-2509 LL Den<br />

Haag<br />

International tel: +31 (70) 341 84 18<br />

International fax: +31 (70) 341 8419<br />

Company email: ingre.dev.nl@ingrealestate.com<br />

Website: www.ingrealestate.com<br />

Company Registration Number: 27096869 0001<br />

Management Board: Hein Brand (Chief Executive Officer,<br />

Finance), George Jautze (Chairman and Chief Executive Officer),<br />

Menno Maas (Chief Executive Officer, Development),<br />

Ronald Nijsen (Chief Financial Officer), Willem Steenhoven<br />

(Chief Risk Officer)<br />

Senior Executives: Fred Bunker (Director, Capital Advisory),<br />

Hans Copier (Country Manager Netherlands, ING Real Estate<br />

Investment Management), Anneke de Vries (Country<br />

Manager Netherlands, ING Real Estate Development), Silvio<br />

Estienne (Country Manager France, ING Real Estate Development),<br />

Peter Göbel (Chief Executive Officer, ING Real<br />

Estate Finance Netherlands), Wilson Lee (Portfolio Manager,<br />

Opportunistic Investment Platform <strong>Europe</strong>)<br />

PRINCIPAL ACTIVITIES: Development, finance and investment<br />

management <strong>of</strong> quality real estate<br />

Company History: Established in 1995 from the merger <strong>of</strong><br />

Nationale-Nederlanden Property and MBO<br />

Parent Company: ING Groep NV, Netherlands (03648)<br />

Subsidiary <strong>Companies</strong>: (100% owned unless stated): ING<br />

Real Estate Hong Kong (Hong Kong SAR); ING Real Estate<br />

South Korea (South Korea); ING Real Estate Taiwan (Taiwan)<br />

Status: Private Company<br />

Principal Shareholders: ING Bank NV (100%)<br />

Date <strong>of</strong> Establishment: 1995<br />

No <strong>of</strong> Employees: 2,500 worldwide<br />

03650<br />

ING VERZEKERINGEN NV<br />

Address: Postbus 810, Amstelveenseweg 500, NL-1000 AV<br />

Amsterdam<br />

International tel: +31 (20) 541 54 11<br />

International fax: +31 (20) 541 54 44<br />

Website: www.ing.com<br />

Company Registration Number: 33260659 0000<br />

Supervisory Board: Peter A F W Elverding (Chairman), Henk<br />

W Breukink (Member), Claus Dieter H<strong>of</strong>fmann (Member),<br />

Piet Hoogendoorn (Member), Piet C Klaver (Member), Harish<br />

Manwani (Member), Aman Mehta (Member), Ms Joan E<br />

Spero (Member), Jackson P Tai (Member), Godfried J A van<br />

der Lugt (Member), Karel Vuursteen (Member)<br />

Executive Board: Jan H M Hommen (Chairman), Eric F Boyer<br />

de la Giroday (Manager), Jacques M de Vaucleroy (Manager),<br />

Dick H Harryvan (Manager), Eli P Leenaars (Manager),<br />

Tim J McInerney (Manager), Koos V Timmermans<br />

(Chief Risk Officer), Hans van der Noordaa (Manager)<br />

PRINCIPAL ACTIVITIES: International and domestic insurance<br />

services<br />

Parent Company: ING Groep NV, Netherlands (03648)<br />

Subsidiary <strong>Companies</strong>: (100% owned unless stated): Belair<br />

Insurance Company Inc (Canada); ING Afore SA de<br />

CV (Mexico); ING America Insurance Holdings Inc (USA);<br />

ING Asigurari de Viata SA (Romania); ING Australia Holdings<br />

Ltd (Australia); ING Australia Pty Limited (Australia);<br />

ING Canada, Inc (Canada); ING Greek General Insurance<br />

Company SA (Greece); ING Greek Life Insurance Company<br />

SA (Greece); ING Insurance Company <strong>of</strong> Canada<br />

(Canada); ING International Insurance Holdings, Inc (USA);<br />

ING Life Insurance and Annuity Company (USA); ING Life<br />

Insurance Company (Japan) Limited (Japan); ING Life Insurance<br />

Company <strong>of</strong> America (USA); ING Life Insurance<br />

Korea Ltd (South Korea); ING Nationale-Nederlanden<br />

Magyarorszagi Biztosito Rt (Hungary); ING Nationale-<br />

Nederlanden Polska Powszechne Towarzystwo Emerytaine<br />

SA (Poland); ING Nationale-Nederlanden Polska SA<br />

(Poland); ING North America Insurance Corporation (USA);<br />

ING Novex Insurance Company <strong>of</strong> Canada (Canada); ING<br />

Re (Netherlands) NV; ING Seguros de Vida SA (Chile);<br />

ING USA Annuity and Life Insurance Company (USA); ING<br />

Vastgoed Belegging BV; ING Verzekeringen Nederland<br />

NV; ING Zivotna Poistovna as (Slovakia); Lion Connecticut<br />

Holdings Inc (USA); Movir NV; Nationale-Nederlanden Generales,<br />

Compañia de Seguros y Reaseguros SA (Spain);<br />

Nationale-Nederlanden Levensverzekering Maatschappij<br />

NV; Nationale-Nederlanden Schadeverzekering Maatschappij<br />

NV; Nationale-Nederlanden Schadeverzekering Mij<br />

NV; Nationale-Nederlanden Vida, Compañia de Seguros y<br />

493

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