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ING will invest 800 million euros in its digital platforms and will dismiss 7,000 employees

According to AGERPRES, on Monday, ING Group, the largest Dutch group of financial services, announced that it intends to dismiss 7,000 employees, mainly in Belgium and the Netherlands, and to invest heavily in its digital platforms, in order to save 900 million euros (one billion dollars) annually, by 2021, transmit Bloomberg and Reuters.

The decisions were underpinned by the pressures faced by the institution because of the requirements of the regulatory authorities regarding capital and low interest rates.

 

For more information, please see the Romanian version of the article, here.

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AGENTIA NATIONALA DE PRESA AGERPRES