ING Bank (Australia) Limited - Premium Company Report Australia

31-12-2011, 16 pages

ING Bank (Australia) Limited is a Public Company that is ranked number 107 out of the top 2000 companies in Australia. The company generates the majority of its income from the Foreign Banks in Australia industry.

In 2011 the company generated total revenue of $3,144,827,000 including sales and other revenue. In 2011 ING Bank (Australia) Limited had 984 employees in Australia including employees from all subsidiaries under the company's control.

The Chief Executive of ING Bank (Australia) Limited is Mr Vaughn Richtor whose official title is Chief Executive Officer. The Chairman of ING Bank (Australia) Limited is Mr Michael Katz whose official title is Non-Executive Chairman.

The principal business activity of ING Bank (Australia) consists of the provision of banking and related services. Trading as ING DIRECT, the company has several operating divisions:

Everyday Accounts - Provides everyday transactional accounts which include features such as VISA and BPAY.
Mortgages: Provides different types of home loans to individuals, through mortgage brokers. Specifically the bank has services for first home buyers, refinancers and investors.
Savings: Offers personal and business savings accounts. This includes term deposits, saving optimiser accounts and DIY super accounts.
Business: Offers banking options for businesses including online savings accounts, term deposits, and commercial property loans and mortgages.

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