With the holiday season fast approaching, most Filipinos are now focused on how to celebrate and spend their time during the holidays. It is all too easy to get caught up in the spending cycle especially in big and joyous celebrations such as Christmas and the New Year. But ING Bank sees an opportunity to engage its customers on the topic of savings.

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Holiday surprises to customers

As a gift for the holiday season and appreciation to its customers, ING Bank launched its very first Christmas ‘gift box’ installation in Bonifacio Global City (BGC) to celebrate Christmas through the power of savings. The gift box also offers various surprises and giveaways for ING customers and members of the public who wants to celebrate Christmas through the power of savings.

For those who are still new to digital banking, the installation is also an opportunity to meet the people behind ING Bank. “Being the first digital bank in the Philippines, we will not be surprised of our customers will initially think that we are a bank composed of machines and chatbots. The event gives us a chance to interact with our customers have started with us, “Sicat added.

4.0% interest to customers

Since its launch as the first all-digital bank in the Philippines in November 2018, ING seeks to promote a savings mindset be empowering Filipinos to save. It has recently extended its offer of 4.0%* interest rate per annum for new and existing customer till January 31, 2020. Furthermore, to help Filipinos save more and maximize the benefits of the ING Savings Account, ING is giving a rebate of PHP 100 per transaction with every successful electronic bank transfer to ING, for up to two transactions per month.

The Gift of savings

“Our Christmas Installation is a ‘gift box’. It brings out a simple message that banking with ING is not just about switching to a fully-digital banking, but also giving yourself the gift of savings.” Sicat said.

From December 12 to 14, 2019, ING Bank has prepared various surprises and giveaways every day. Non-customers can also visit the ING Christmas Gift Box installation at the middle of Bonifacio High Street, BGC, in to find out more about the bank.

About ING

ING is a global financial institution with a strong European base, offering banking services through its operating company ING Bank. The purpose of ING Bank is empowering people to stay a step ahead in life and in business. ING Bank’s more than 54,000 employees offer retail and wholesale banking services to customers over 40 countries.

ING Group shares are listed on the exchange of Amsterdam (INGA NA, INGA.AS), Brussels and on the New York Stock Exchange (ADR: ING US, ING,IN)

Sustainability forms an integral part of ING’s strategy, evidenced by ING’s ranking as a leader in the banks industry group by Sustainalytics. ING Group shares are included in the FTSE4Good index and in the Dow Jones Sustainability Index (Europe and World), where ING is also among the leaders in the banks industry group.

ING in Asia

In Asia Pacific, ING offers wholesale banking across 14 markets, namely Australia, China, Hong Kong SAR, India, Indonesia, Japan, Malaysia, Mongolia, the Philippines, Singapore, South Korea, Taiwan, Thailand and Vietnam.

ING offers both retail and wholesale banking services in Australia. The bank also started its digital banking platform in the Philippines in 2018. ING’s regional presence includes a 13% stake in Bank of Beijing, China and a 30% stake in TMB in Thailand.

IMPORTANT LEGAL INFORMATION

Elements of this press release contain or may contain information about ING Groep N.V. and/or ING Bank N.V. within the meaning of Article 7(1) to (4) of EU Regulation No 596/ 2014.

Projects may be subject to regulatory approvals.

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 a number of factors, including, without limitation: (1) changes in generic economic conditions, in particular economic conditions in ING’s core markets, (2) changes in performance of financial markets, including developing markets, (3) potential consequences of European Union countries leaving the European Union or a break-up of the euro, (4) changes in the availability of, and costs associated with, sources of liquidity such as interbank funding, as well as conditions in the credit and capital markets generally, including changes in borrower and counterparty creditworthiness, (5) changes affecting interest rate levels, (6) changes affecting currency changes rates, (7) changes in investors and customer behaviour, (8) changes in competitive factors, (9) changes in laws and regulations and the interpretation and application thereof, (10) geopolitical risks and policies and action of governmental and regulatory authorities, (11) changes in standards and interpretations under International Financial Reporting Standards (IFRS) and the application thereof, (12) conclusions with regard the purchase accounting assumptions and methodologist, and other changes in accounting assumptions and methodologist including changes in valuation of issued securities and credit market exposure, (13) changes in ownership that could affect the future availability to us of net operating loss, net capital and built-in loss carry forward, (14) changes in credit ratings, (15) the outcome of current and future legal and regulatory proceedings, (16) operational risk, such as system disruptions or failures, breaches of security, cyber attacks, human error, changes in operational practices or inadequate controls including in respect of third parties with which we do business, (17) the inability to protect our intellectual property and infringement claims by third parties, (18) the inability to retain key personnel, (19) business, operational, regulatory, reputation and other risks in connection with climate change, (20) ING’s ability to achieve its strategy, including projected operational synergies and cost-saving programmes and (21) the other risks and uncertainties detailed in the most recent annual report of ING Groep N.V. (including the Risk Factors contained therein) and ING’s more recent disclosures, including press releases, which are available on www.ING.com Many of those factors are beyond ING’s control.

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 for any other reason. 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 purchase, any securities in the United States or any other jurisdiction.

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