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MarketScreener Homepage  >  Equities  >  Euronext Amsterdam  >  ING Groep N.V.    INGA   NL0011821202

ING GROEP N.V.

(INGA)
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Delayed Quote. Delayed Euronext Amsterdam - 08/07 11:36:20 am
6.605 EUR   +1.62%
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ING Groep N : Bank launches fashion marketplace in Romania

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07/09/2020 | 08:01am EDT

ING Bank, the fourth-largest bank by assets in Romania, has launched the online shopping platform DealWise, thus entering the fashion trade, ING said in a press release. 

Through this platform, ING Bank competes directly with online fashion retailers such as Fashion Days (owned by eMAG) and answear.ro.

According to ING, the DealWise is initially available in Romania but, it says, “other countries will gradually be brought into the fold. Of these, Germany and Belgium are expected to be included in 2020.”

The products sold on the marketplace platform include sports equipment, clothing, personal care items and toys. Some offers are available directly in the application, while others link to the website of large retailers such as Zara or Mango.

"We are an innovation of ING Bank NV. This means that we have behind us the strength and stability of a bank, but the flexibility and speed of a start-up,” reads a presentation on the DealWise website.

We are the first such ING Bank NV business in Romania, and this is twice a good thing: once because your money and data benefit from the security of a bank. Then, because we have local insights.”

 

©2020 bne IntelliNews , source Magazine

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Financials
Sales 2020 17 777 M 20 950 M 20 950 M
Net income 2020 2 604 M 3 069 M 3 069 M
Net Debt 2020 - - -
P/E ratio 2020 9,62x
Yield 2020 5,50%
Capitalization 25 758 M 30 360 M 30 355 M
Capi. / Sales 2020 1,45x
Capi. / Sales 2021 1,44x
Nbr of Employees 55 000
Free-Float 100,0%
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Technical analysis trends ING GROEP N.V.
Short TermMid-TermLong Term
TrendsNeutralNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 25
Average target price 8,11 €
Last Close Price 6,61 €
Spread / Highest target 96,8%
Spread / Average Target 22,8%
Spread / Lowest Target -31,7%
EPS Revisions
Managers
NameTitle
Steven van Rijswijk Chief Executive Officer
Gerardus Johannes Wijers Chairman-Supervisory Board
Tanate Phutrakul Chief Financial Officer
Mariana Gheorghe Member-Supervisory Board
Margarete Haase Member-Supervisory Board
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