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A Dictionary of Dutchness
ING
Financial services group ING or Internationale Nederlanden Group was formed in 1991 with the merger of Nationale Nederlanden and NMB Postbank. But the company – which today describes itself as ‘a multinational with Dutch roots’ can actually trace its origins back to 1743. ING has a global workforce of over 120,000 and some 85 million customers worldwide. Nevertheless, the company has not been immune to the credit crisis and saw its €9bn profit in 2007 become a €729m loss in 2008.
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