ING Bank is a member of the ING Group, a Dutch multinational banking and financial services corporation, headquartered in Amsterdam. Its primary businesses are retail banking, direct banking, commercial banking, investment banking, wholesale banking, private banking, asset management, and insurance services. With total assets of USD 1.1 trillion, it is one of the biggest banks in the world, and consistently ranks among the top 30 largest banks globally. It is among the top ten in the list of largest European companies by revenue. ING Bank is a member in the list of global systemically important banks.
The first assistance to Maldives from ING Bank was received in 2000 for an amount of EUR 1.4 million for acquiring two fish collector vessels. Since then, the Bank has been providing assistance for conducting various projects in Maldives, such as Reclamation and Coastal Works for Construction of GA. Vilingili, and the Dredging and Reclamation work at three islands.
ING Bank in the Maldives
|2009||Dredging and Reclamation work at three islands||EUR||22,038,000|
|2007||Reclamation and Coastal Works for Construction of GA. Vilingili||EUR||8,752,550|
|2000||Two Fish Collector Vessels||EUR||34,500,000|