2013-03-20 08:44:58 -

Today, Koos Timmermans, Vice-Chairman of ING Bank, will address the Morgan
Stanley European Financials Conference in London.

In his presentation, Mr Timmermans will demonstrate how ING Bank's balance sheet
optimisation programme is on track. As one of ING Bank's priorities, this
programme aims to maximise returns under the new regulatory capital requirements
known as Basel III. ING Bank already meets most of these requirements which is
shown by its strong capital position reflected in a pro-forma fully loaded Basel
III core Tier 1 ratio per 31 December 2012 of 10.6%.

After looking back at ING Bank's 2012 results, Mr Timmermans will also elaborate
on ING Bank's progress on reaching its long-term targets as laid down in the
Ambition 2015 programme. Further optimising of the balance sheet and repricing
of ING Bank's   lending portfolio will improve the Net Interest Margin and should
lead to an attractive ROE of 10-13% under the Basel III requirements.

Today's presentation "Towards Ambition 2015" by Koos Timmermans can be
viewed/downloaded via ING's corporate website or SlideShare.


 Press enquiries             Investor enquiries

 Frans Middendorff           Investor Relations

 +31 20 57 66385             +31 20 57 66396

 Frans.Middendorff@ing.com   Investor.Relations@ing.com



 ING PROFILE
 ING is a global financial institution of Dutch origin, offering banking,
 investments, life insurance and retirement services to meet the needs of a
 broad customer base. Going forward, we will concentrate on our position as an
 international retail, direct and commercial bank, while creating an optimal
 base for an independent future for our insurance and investment management
 operations


 IMPORTANT LEGAL INFORMATION

 Certain of the statements contained herein are not historical facts,
 including, without limitation, certain statements made of
 future expectations and other forward-looking statements that are based on
 management's current views and assumptions and
 involve known and unknown risks and uncertainties that could cause actual
 results, performance or events to differ materially
 from those expressed or implied in such statements. Actual results,
 performance or events may differ materially from those in such statements due
 to, without limitation: (1) changes in general economic conditions, in
 particular economic conditions
 in ING's core markets, (2) changes in performance of financial markets,
 including developing markets, (3) consequences of a
 potential (partial) break-up of the euro, (4) the implementation of ING's
 restructuring plan to separate banking and insurance
 operations, (5) changes in the availability of, and costs associated with,
 sources of liquidity such as interbank funding, as well as
 conditions in the credit markets generally, including changes in borrower and
 counterparty creditworthiness, (6) the frequency
 and severity of insured loss events, (7) changes affecting mortality and
 morbidity levels and trends, (8) changes affecting persistency levels, (9)
 changes affecting interest rate levels, (10) changes affecting currency
 exchange rates, (11) changes in investor, customer and policyholder behaviour,
 (12) changes in general competitive factors, (13) changes in laws and
 regulations, (14) changes in the policies of governments and/or regulatory
 authorities, (15) conclusions with regard to purchase accounting assumptions
 and methodologies, (16) changes in ownership that could affect the future
 availability to us of net operating loss, net capital and built-in loss carry
 forwards, (17) changes in credit-ratings, (18) ING's ability to achieve
 projected operational synergies and (19) the other risks and uncertainties
 detailed in the Risk Factors section contained in the most recent annual
 report of ING Groep N.V. Any forward-looking statements made by or on behalf
 of ING speak only as of the date they are made, and, ING assumes no obligation
 to publicly update or revise any forward-looking statements, whether as a
 result of new information or for any other reason. This document does not
 constitute an offer to sell, or a solicitation of an offer to buy, any
 securities.

 

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