ING-DiBa AG
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ING-DiBa AG - overview
Established
1965
Location
Frankfurt, -, Germany
Primary Industry
Financial Services
About
ING-DiBa AG is a prominent German bank that provides a wide range of digital banking and investment services tailored to individual consumers, enhancing their financial management capabilities. Founded in 1965 and headquartered in Frankfurt, Germany, ING-DiBa AG specializes in direct banking services. The company has consistently focused on digital banking innovations to improve customer experience, but there are no notable pivots or changes in business operations. The CEO is Nick Jue, who has led the firm in expanding its digital offerings since his appointment.
ING Deutschland offers an extensive array of banking and investment services designed to address the financial needs of individual consumers. Their main product is the Smart Invest service, which allows for tailored ETF portfolio investments based on customer goals. Additionally, they provide a comprehensive digital banking app featuring real-time account monitoring and card management. ING services a diverse customer base throughout Germany, with an emphasis on sustainability and compliance with EU regulations.
For the year 2023, ING Deutschland reported a revenue of EUR 7,193. 60 mn and an EBITDA of EUR 3,597. 88 mn, generated through various channels including banking fees, investment management, and interest from lending products. Revenue generation is primarily driven by direct consumer transactions facilitated via their mobile app and online banking platform.
Primary Industry
Financial Services
Sub Industries
Consumer Finance, Mortgage Banking
Website
www.ing-diba.de
Verticals
Mobile Apps
Total Amount Raised
Subscriber access only
ING-DiBa AG - timeline of key events
ING-DiBa AG - financials
| Fiscal Year Ended | Dec 31, 2010 | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | - | 1,472,000,000 | 1,332,000,000 | 1,589,000,000 | 2,035,000,000 | - | 2,215,000,000 | 2,407,000,000 | 2,520,369,825.4 | 2,731,000,000 | 2,567,063,949.9 | - | - | - |
| % Revenue Growth (YoY) | - | - | (9.5%) | 19.3% | 28.1% | - | - | 8.7% | 4.7% | 8.4% | (6.0%) | - | - | - |
| EBITDA (USD) | 290,100,000 | 958,000,000 | 599,000,000 | 813,000,000 | 1,205,000,000 | - | 1,293,000,000 | 1,290,000,000 | 800,458,128.7 | 1,501,000,000 | 872,339,545.5 | - | - | - |
| Operating Income (USD) | 290,100,000 | 660,000,000 | 486,000,000 | 691,000,000 | 1,115,000,000 | - | 1,234,000,000 | 1,269,000,000 | 756,058,128.7 | 1,352,000,000 | 742,049,116.4 | - | - | - |
| Operating Margin | - | 44.8% | 36.5% | 43.5% | 54.8% | - | 55.7% | 52.7% | 30.0% | 49.5% | 28.9% | - | - | - |
| % EBITDA Margin | - | 65.1% | 45.0% | 51.2% | 59.2% | - | 58.4% | 53.6% | 31.8% | 55.0% | 34.0% | - | - | - |
| NET Income (USD) | 285,800,000 | 449,000,000 | 325,000,000 | 474,000,000 | 755,000,000 | - | 859,000,000 | 877,000,000 | 386,700,150.7 | 894,000,000 | 395,999,392.7 | - | - | - |
| % Net Margin | - | 30.5% | 24.4% | 29.8% | 37.1% | - | 38.8% | 36.4% | 15.3% | 32.7% | 15.4% | - | - | - |
ING-DiBa AG - employee data
ING-DiBa AG - key contacts
| Name | Position | Start Date | End Date | Vcard | Bio | ||
|---|---|---|---|---|---|---|---|
| Board member at Interhyp (ING) | BM |
BM Board Member
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