The FINANCIAL -- William Connelly,
CEO ING Commercial Banking, will address the Barclays Global Financials
Conference in New York.
In his presentation, Mr Connelly will elaborate on the strategy of ING’s Commercial Bank and demonstrate its ability to adapt to the new regulatory environment.
ING Commercial Banking has been an key contributor to the continued solid results of ING Bank, benefiting from its strong regional positions, particularly in the Benelux and CEE, its core global Structured Finance and Financial Markets franchises and its extensive global network to support its clients. ING Commercial Banking is also an important contributor ’s to the overall ambition of the Bank to manage the balance sheet more efficiently by focusing on deposit growth, integrating the balance sheet and replacing low yielding assets with customer lending. As ING reported, in his presentation, Mr Connelly will provide further detail on the portfolio of Industry Lending, consisting of Structured finance and Real Estate Finance.
Mr Connelly will also address the measures that ING Commercial Banking is taking to offset the impact of new regulation on Risk Weighted Assets. The overall strategy of ING’s Commercial Bank is stable by building on the key strengths and contributing to ING Bank's financial targets.
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