ING announced on Tuesday that it will cut approximately 1,700 jobs in the Netherlands within the next three years. The financial group wants to focus more on the digitization of its banking activities.
The Netherlands will pay the European Commission's additional tax of 642.7 million euro by the end of this year. This is written in the Autumn Memorandum which Minister Jeroen Dijsselbloem of Finance sent to the Chamber last week.
As promised earlier this week, ING today made the final repayment of 1,025 billion euro of State Support.
The Dutch investments in the nuclear industry have fallen with about 40 percent this year. Banks, pensions and insurers invested 1.4 billion dollar less in the production of nuclear weapons.
ING announced today that they will repay the remaining 1.025 billion euro in State support on Friday.
ING employees will no longer receive a discount when they take out a new mortgage loan with the bank.
Six of the top ten insurance groups in the Netherlands have made major improvements in terms of sustainable investments in the last half year.
The customers of ABN Amro and Rabbobank will pay more in banking fees next year. The fees for these two banks increase by an average of 5 percent.
On Sunday, following the results of the banking examination of the European Central Bank (ECB), ING announced that they will pay off their state aid this year still.
Small and medium businesses that apply for a loan at ABN Amro in the coming months, will receive the so-called "ECB discount", the bank announced in a press release on Tuesday.
According to union leader Meindert Groter of FNV, the employees of money transporter Brink's Nederland are threatening to strike around the holidays.
Dutch bank ING has had the most disruptions to the internet banking system this year than any other bank. Customers have had to deal with in total 142 days of system failure, of which 18 were large-scale, RTL Nieuws reports.
The interest on ABN Amro direct savings account will be lowered from 1.10 to 1.00 percent on September 30th.
In Bergen op Zoom, a 35-year-old employee of ING has confessed to aiding a fraud action that stole an estimated €1.5 million from several clients, the NOS reports.
A fight has erupted between the organization of Sail 2015, some former partners and a former board member of the renowned five-yearly event in the port of Amsterdam.
Four of the biggest Dutch banks, Abn Amro, ING, Rabobank and SNS Reaal are going to work together with the Public Prosecution Authority (OM) and the National internet Scamming Hotline (LMIO) to work on a database of internet scams, and more information on fraudulent websites, Het Parool reports.
A malfunction with ING Bank's online system left customers in a lurch, unable to use internet banking services as well as transaction processor iDeal. First reports of the problem surfaced around 10:00 am as customers took to social media to complain of payment failures.
Multinational financial services group ING on Wednesday announced a net profit in the second quarter of 1.07 billion. The profit represents a increase of 19 percent and topples all estimates, the company said.
Clients from ING complain that they are being duped as fraudulent emails that look like they come from banks are circulating, which trick people into giving their personal bank details in exchange for a bank card that has clients' personal IBAN number written on them, De Telgraaf reports.
Banks in The Netherlands promise to insure any damage arising out of the misuse of bank cards belonging to victims of the Malaysia Airlines flight MH17 crash. Surviving relatives have been assured that the banks have taken this possibility into account, according to Trouw.
New research by Dutch bank ING suggests consumer confidence in the Netherlands economy has fallen for the first time in a year. The report, published Wednesday, shows that some 70 percent of people living in the country see unemployment as the biggest problem facing the economy.
The economic bureau of ING writes that the number of bankruptcies expected in businesses this year will drop with 15 percent to around 8000, compared to around 9400 last year.
Dutch bank ING has denied claims that it is planning to move part of its headquarters, such as important staff departments, abroad. The Financieele Dagblad newspaper reported this, which the ING has said is "factually incorrect."
Economic analysts from ING and ABN Amro have differing predictions on the state of construction in The Netherlands this year. ABN Amro says that there will be a 1 percent decrease in production this year, whereas ING thinks there will be 3.5 percent growth. Analysts from the Economic Institute for Construction now want to know how these numbers are drawn up, BNR reports.