💨 Abstract

Dutch lender ING Groep is considering acquiring banks in major European countries such as Germany, Italy, and Spain to expand its size, according to its CEO, Steven van Rijswijk. He stated that ING aims to grow in larger markets and mergers and acquisitions could be an option if they meet their criteria. However, he did not name any specific targets, including Germany's Commerzbank.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖