ING Bank Cluj-Napoca

ING's roots date back to the middle of the last century, when insurance and banking operations played a prominent role in the establishment of the Dutch financial sector. The Group was created in 1991 through the merger of the largest Dutch insurance company, Nationale Nederlanden, and one of the largest Dutch commercial banks, NMB Postbank Group. The formation of ING Group was the first full merger in Europe between a bank and an insurance company. Afterwards the company changed the statutory name to ING Groep N.V. Since 1991, ING has developed from a Dutch company with some international business to a multinational with Dutch roots. This was achieved through a mixture of organic growth, as well as various large acquisitions, the first large one taking place in 1995, when ING took over Barings Bank. This acquisition increased the brand recognition of ING around the world and strengthened its wholesale banking presence in the emerging markets.