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The ING Group ( Dutch: ING Groep) is a Dutch multinational banking and financial services corporation headquartered in Amsterdam. Its primary businesses are retail banking, direct banking, commercial banking, investment banking, wholesale banking, private banking, asset management, and insurance services.
It provided retail and commercial banking services to individuals and businesses in Belgium, together with related financial products such as insurance and asset management. In 2003, ING rebranded BBL as ING Belgium. The headquarters of BBL, now an office of ING Group, was the former head office building of Bank Lambert on Marnixlaan 24, Brussels.
ING Belgium: ING Group: Bank Bruxelles Lambert Brussels: BBRU BE BB KBC Bank: KBC Group NV: Kredietbank, Cera, Raffeisenkas, Centea (KBC Group NV) sold to Crédit Agricole Group (Belgium), Bank van Roeselare Brussels: KRED BE BB Keytrade Bank: Crédit Agricole (100%) (2007) VMS-Keytrade (1998–2002), bought RealBank (2002) Brussels: KEYT BE BB
ING Group is one of the biggest banks in the world, and consistently ranks among the top 30 largest banks globally. With a history dating back to 1737, Van Lanschot Kempen is the oldest independent bank in the Netherlands , [51] the oldest independent bank in the Benelux [52] [53] and one of the oldest independent banks in the world.
Banque Lambert. The Banque Lambert ( French pronunciation: [bɑ̃k lɑ̃bɛʁ]) was a significant family-controlled bank in Belgium, with roots going back to 1835 and long associated with the Rothschilds. It merged in 1975 with Banque de Bruxelles to form Bank Brussels Lambert, which itself was acquired in 1998 by ING Group .
The International Bank Account Number ( IBAN) is an internationally agreed upon system of identifying bank accounts across national borders to facilitate the communication and processing of cross border transactions with a reduced risk of transcription errors. An IBAN uniquely identifies the account of a customer at a financial institution. [1]
In 2014, the "big four" together held over 66% of gross loans and controlled more than 67% of total assets in the banking system. Bangkok Bank; Siam Commercial Bank; Krung Thai Bank; Kasikornbank; Before the Siamese Revolution, the banking system was controlled by foreign powers, particularly the "big four" European banks.: 160–169
Banking in Belgium, as of 11 October 2008, exhibits an average leverage ratio (assets/net worth) of 33 to 1, while the short-term liabilities of the banks are equivalent to 285% of the Belgian GDP or 367% of its national debt. See also. 2008 Belgian financial crisis; National Bank of Belgium; References