EMPLOYEE SHAREHOLDERS ASSOCIATION OF ING

The Employee Shareholders Association of ING is pleased to send you this information.

Our hope is that the bank will see again the conditions of trust that will allow staff to invest in its business and to re-launch employee share ownership at ING.

Each month if you wish, you will receive the electronic newsletter of the European Federation of Employee Share Ownership.

You will also be informed about the participation of the Association to ING's General Meetings of shareholders.

The Employee Shareholders Association of BBL (now ING) was born in 1992. At that time, the bank was a leading company with respect to employee share ownership. Employees had long been encouraged to participate in capital. It held 8.5% of the business, making it the second largest shareholder of the bank.

Following the integration to ING Group, employee share ownership sharply declined in importance over time. In recent years, the contrast is striking between ING Group and the rest of the market, considering employee ownership. Everywhere employee share ownership is encouraged, it is progressing, and its beneficial effects are highlighted and widely recognized. We suggest that we could go back to that general way. Sincerely

See the European employee share ownership web site

 

Contact

Employee Shareholders Association of ING
not-for-profit organisation
Avenue Voltaire 135, B-1030 Brussels
Tel/fax: +32 (0)2 242 64 30
E-mail: efes@efesonline.org
Web site: www.employee-ownership.be/ING