ING Bank

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

YearProjectCurrencyAmount
2009Dredging and Reclamation work at three islandsEUR22,038,000
2007Reclamation and Coastal Works for Construction of GA. VilingiliEUR8,752,550
2000Two Fish Collector VesselsEUR34,500,000
Website Link: www.ing.com

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